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Okredo - About the company

Okredo is a seed company based in Vilnius (Lithuania), founded in 2015. It operates as a Developer of an open banking API for businesses. Okredo has raised $1.78M in funding from investors like Presto Ventures, LitBAN and Lighthouse Ventures. The company has 25 active competitors, including 12 funded and 1 that has exited. Its top competitors include companies like Bloom Credit, Array and AperiData.

Company Details

Developer of an open banking API for businesses. It offers a solution that enables businesses to obtain reports on performance, a business interface to access resources on relationships between employees, companies, and clients, financial statements, and risk monitoring.
Website
okredo.com
Social
Facebook
Email ID
*****@okredo.lt
Key Metrics
Founded Year
2015
Location
Vilnius, Lithuania
Stage
Seed
Total Funding
$1.78M in 3 rounds
Ranked
Employee Count
17 as on Aug 31, 2026
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Okredo's funding and investors

Okredo has raised a total funding of $1.78M over 3 rounds. Its first funding round was on Nov 18, 2021. Its latest funding round was a Grant (prize money) round on Aug 13, 2024 for $*****. 1 investor participated in its latest round. Okredo has 5 institutional investors.

Here is the list of recent funding rounds of Okredo:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 13, 2024
8871891
Grant (prize money)
7757284
1679716
4561449
9590090
Aug 22, 2022
3301933
Seed
3427744
7061915
6765108
6200216
Nov 18, 2021
4186432
Seed
9334384
5735110
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Okredo's founders and board of directors

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Okredo's employee count trend

Okredo has 17 employees as of Aug 26. Here is Okredo's employee count trend over the years:
Employee count trend for Okredo
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Okredo's Competitors and alternates

Top competitors of Okredo include Bloom Credit, Array and AperiData. Here is the list of Top 10 competitors of Okredo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bloom Credit
Bloom Credit
2016, New York City (United States), Series B
Provider of tools for credit repair and score management
$34.3M
59/100
2nd
Logo for Array
Array
2020, New York City (United States), Seed
Provider of a credit data integration platform
-
53/100
3rd
Logo for AperiData
AperiData
2017, Chester (United Kingdom), Acquired
Provider of cloud-based open banking API solutions for lenders and banks
$1.67M
52/100
4th
Logo for CreditChek
CreditChek
2021, Lagos (Nigeria), Seed
Developer of a credit data aggregating platform
$840K
50/100
5th
Logo for Trebol
Trebol
2021, Bogota (Colombia), Seed
Open banking aggregation API
$3.5M
44/100
6th
Logo for ClearStake
ClearStake
2020, London (United Kingdom), Seed
Open banking aggregation solution for individuals and businesses
$1.96M
-
43/100
7th
Logo for Noble
Noble
2021, San Mateo (United States), Series A
Developer of API-based credit data aggregation solution
$18.1M
40/100
8th
Logo for MiTrust
MiTrust
2018, Neuilly-sur-Seine (France), Seed
Data discovery platform for enterprises
$5.3M
40/100
9th
Logo for Prestatech
Prestatech
2016, Berlin (Germany), Seed
Banking software suite
$4.36M
39/100
10th
Logo for Okredo
Okredo
2015, Vilnius (Lithuania), Seed
Developer of an open banking API for businesses
$1.78M
39/100
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Okredo's Investments and acquisitions

Okredo has made no investments or acquisitions yet.

Reports related to Okredo

Here is the latest report on Okredo's sector:

News related to Okredo

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