Credible Labs
Financials
Estimates*
USD | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 19.0m | 26.0m | - | - | <1m | - |
% growth | - | 37 % | - | - | - | - |
EBITDA | (5.0m) | (13.0m) | (10.0m) | (7.0m) | (16.3m) | (9.5m) |
% EBITDA margin | (26 %) | (50 %) | - | - | (4877 %) | - |
Profit | (11.0m) | (13.0m) | (11.0m) | (9.0m) | (18.1m) | (9.7m) |
% profit margin | (58 %) | (50 %) | - | - | (5428 %) | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $500k | Seed | |
N/A | - | ||
$700k | Seed | ||
$1.5m | Seed | ||
$11.6m | Series A | ||
$10.0m | Series B | ||
N/A | N/A | IPO | |
N/A | Post IPO Equity | ||
Total Funding | AUD37.6m |
Related Content
Recent News about Credible Labs
EditCredible is an online marketplace designed to help consumers find the best rates on various types of loans, including student loans, personal loans, and mortgages. The platform allows users to easily compare offers from top lenders, ensuring they get the most favorable rates and terms available. Credible serves a wide range of clients, including students looking to refinance their loans, individuals seeking personal loans, and homeowners interested in mortgage refinancing.
Operating in the financial services market, Credible stands out by providing a transparent and user-friendly experience. The company simplifies the often complex process of loan comparison by offering instant and accurate results, along with clear, jargon-free explanations. This makes it easier for users to understand their options and make informed decisions.
Credible's business model is based on partnerships with various lenders. When a user selects a loan offer through the Credible platform, the company earns a commission from the lender. This model allows Credible to offer its services to consumers for free, while still generating revenue from its lending partners.
The platform features a wide range of loan products, including student loan refinancing, private student loans, personal loans, mortgages, and mortgage refinancing. Credible's commitment to transparency and ease of use has earned it high customer satisfaction ratings, with users appreciating the ability to quickly and easily compare loan options.
In summary, Credible is a valuable resource for anyone looking to secure a loan with the best possible terms. By partnering with top lenders and providing a straightforward comparison tool, Credible helps consumers save money and make better financial decisions.
Keywords: loan comparison, student loans, personal loans, mortgage refinancing, online marketplace, transparent, user-friendly, top lenders, financial services, commission-based.