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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.

Company Details

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Stage
Unfunded
Ranked
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CRISIL
CRISIL
1987, Mumbai (India), Acquired
Credit rating database for financial institutions, energy sectors, automobiles, and telecom
-
61/100
2nd
Logo for BVR
BVR
1972, Berlin (Germany), Unfunded
Network of cooperative financial institutions providing banking and credit services
-
-
45/100
3rd
Logo for Franklin Madison
Franklin Madison
2018, Franklin (United States), Acquired
Provider of financial services
-
-
45/100
4th
Logo for Advantage One Credit Union
Advantage One Credit Union
1952, Brownstown Charter Township (United States), Funding Raised
Provider of financial services including loans, accounts, and mortgages
-
41/100
5th
Logo for Edge Focus Partners
Edge Focus Partners
2017, Chicago (United States), Seed
Provider of credit risk and investment management services
-
41/100
6th
Logo for Pioneer Credit
Pioneer Credit
1988, Perth (Australia), Public
Provider of credit scoring services
-
41/100
7th
Logo for Creditcorner
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
Logo for Cred Mart
Cred Mart
Noida (India), Unfunded
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
Logo for Revltek
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
Logo for Counselfinancial
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.

FAQs about Soscredit

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