CreditSpring
A Creditspring membership is more than a loan, it’s a plan for improved financial stability.
- Location
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London,
United Kingdom
Categories: Finance & Payments Digital B2C
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Investment
sought: - £1,500,008
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Equity
offered: - 13.30%
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Investment
already funded: - £1,449,631
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Valuation
(pre-money): - £9,780,000
Idea
Introduction
Creditspring is a revolutionary subscription-based loan membership. Our goal is to empower hardworking people to transform their lives through access to responsible credit.
40% of the UK population has less than £100 in savings, exposing them to risky and expensive forms of credit which can spiral out of control. Creditspring aims to break this cycle.
In the simplest terms, Creditspring gives people the possibility to rent a safety net of credit.
We have developed a subscription-based service that costs only a small fee per month. With this our members can take out two interest-free loans in a year, whenever they need them.
Our two levels of membership provide either two £250 loans per year for a £6 monthly fee, or two £500 loans per year for an £8 monthly fee with Creditspring Plus.
