Soscredit - About the company
Soscredit is an unfunded company based in Sri Lanka. It operates as a Provider of short-term personal loans via an online platform. The platform facilitates loan applications, processes them quickly, and disburses funds directly to the applicant's bank account. Applicants provide personal information and financial details to complete the application. Loan approval depends on a credit assessment. Repayment terms are flexible, and the platform offers personalized loan amounts based on individual financial circumstances. The process is entirely online, enabling convenient access to credit.. Soscredit has not raised any funding yet. The company has 472 active competitors, including 12 funded and 33 that have exited. Its top competitors include companies like CRISIL, BVR and Franklin Madison.
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Soscredit's funding and investors
Soscredit has not raised any funding rounds yet.
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Soscredit's Competitors and alternates
Top competitors of Soscredit include CRISIL, BVR and Franklin Madison. Here is the list of Top 10 competitors of Soscredit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Credit rating database for financial institutions, energy sectors, automobiles, and telecom | - | 61/100 | ||
2nd | Network of cooperative financial institutions providing banking and credit services | - | - | 45/100 | |
3rd | Franklin Madison 2018, Franklin (United States), Acquired | Provider of financial services | - | - | 45/100 |
4th | Advantage One Credit Union 1952, Brownstown Charter Township (United States), Funding Raised | Provider of financial services including loans, accounts, and mortgages | - | 41/100 | |
5th | Edge Focus Partners 2017, Chicago (United States), Seed | Provider of credit risk and investment management services | - | 41/100 | |
6th | Pioneer Credit 1988, Perth (Australia), Public | Provider of credit scoring services | - | 41/100 | |
7th | Creditcorner Yaounde (Cameroon), Unfunded | Provider of mobile-based micro-loans. This fintech platform offers quick and easy access to small loans using a mobile application. The loan application process is streamlined, enabling rapid approval and disbursement. The service utilizes mobile technology and data analytics to assess creditworthiness and manage risk. It aims to improve financial inclusion by providing convenient access to credit for individuals. | - | - | 40/100 |
8th | Provider of loan and credit card distribution services. It connects borrowers with various financial institutions, offering a streamlined application process for personal, business, and property loans, as well as car loans and overdraft facilities. The platform also facilitates access to credit cards and insurance products from partner banks. It aims to simplify the process of obtaining financial products by matching borrowers with suitable lenders. | - | - | 40/100 | |
9th | Revltek 2017, Galveston (United States), Funding Raised | Provider of financial products and services for credit unions. It offers loan programs, asset management, and financing solutions, enabling credit unions to expand their offerings for members. These services include educational loan and college planning, healthcare finance, and home improvement financing. The company aims to support credit unions in providing diverse financial products while fostering community growth. | - | 39/100 | |
10th | Counselfinancial Williamsville (United States), Unfunded | Provider of litigation financing for law firms. This company offers funding to law firms handling contingency-fee cases, enabling them to pursue more cases and invest in client advocacy. The firm's funding structure recognizes attorneys' fees as assets, providing immediate access to capital. They also offer services to capital providers, originating, underwriting, and servicing loans to contingent-fee law firms. The company utilizes a proprietary underwriting methodology and technology-enabled services to optimize litigation investments. Their services include legal due diligence and financial analysis to assess risk and value case collateral. | - | - | 39/100 |
453rd | Provider of short-term personal loans via an online platform. The platform facilitates loan applications, processes them quickly, and disburses funds directly to the applicant's bank account. Applicants provide personal information and financial details to complete the application. Loan approval depends on a credit assessment. Repayment terms are flexible, and the platform offers personalized loan amounts based on individual financial circumstances. The process is entirely online, enabling convenient access to credit. | - | - | 16/100 |
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Soscredit's Investments and acquisitions
Soscredit has made no investments or acquisitions yet.
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