Kredd Crowdfunding Platform For Online Fundraising in 2024

Kredd is a Norwegian fintech platform founded in 2016 with the aim of creating a more efficient loan market. The platform operates in Norway and focuses on peer-to-peer lending for small and medium-sized enterprises. Kredd provides user-friendly tools to help borrowers make informed decisions regarding their loans. Additionally, they offer technology solutions to banks through Kredd Technologies.

Kredd holds an ECSP license number: 917135428, which allows them to operate as a lending platform in Norway. The platform's investment type is peer-to-peer lending, connecting investors with SMEs in need of financing. By facilitating direct lending between individuals and businesses, Kredd aims to streamline the borrowing process and make it more accessible for all parties involved.

One of the key features of Kredd is its emphasis on transparency and simplicity. The platform provides clear information on minimum investment amounts, advertised returns, available payment options, total funding volume, and average loan durations. This level of transparency is designed to build trust among users and create a more secure lending environment.

For investors, Kredd offers the opportunity to diversify their portfolios by investing in a range of SME loans. This can potentially lead to higher returns compared to traditional investment options. By connecting investors with vetted borrowers, Kredd enables individuals to support local businesses while earning competitive returns on their investments.

Overall, Kredd serves as a bridge between borrowers and investors, leveraging technology to make the lending process more efficient and user-friendly. With a focus on peer-to-peer lending for SMEs in Norway, Kredd is contributing to the growth of the local economy by providing access to much-needed financing for businesses. Through their innovative approach to lending, Kredd is reshaping the financial landscape and creating opportunities for both borrowers and investors to thrive.