Kredito is a digital platform that enables small to medium-sized businesses to advance invoice payments and manage their finances efficiently through a fully integrated system connected to the tax authority. By providing immediate liquidity and a streamlined financial overview, Kredito addresses the cash flow challenges faced by these businesses.
Funding
$11.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small to medium-sized businesses (SMBs) often face cash flow challenges due to delayed invoice payments, hindering their ability to invest in growth and manage day-to-day operations. Traditional financing options can be slow, cumbersome, and may not be easily accessible to all SMBs.
Solution
Kredito offers a digital platform that provides SMBs with immediate access to funds by advancing payments on their outstanding invoices. By integrating directly with the tax authority (SII), Kredito streamlines the invoice selection and validation process, enabling businesses to quickly receive a financing quote. The platform also offers a business account that allows users to pay services online, receive and make transfers, manage payroll, and visualize financial reports, providing a comprehensive financial management solution.
Target Audience
Kredito primarily targets small to medium-sized businesses (SMBs) seeking to improve their cash flow and streamline their financial management processes.
Features
- Invoice advancing: Allows SMBs to receive immediate payment on selected invoices.
- Integration with the tax authority (SII): Streamlines invoice validation and financial reporting.
- Business account: Enables online payments with a virtual prepaid Mastercard, transfers, and payroll management.
- Financial reporting: Provides visualizations of purchases, sales, monthly growth, and supplier rankings.
- Fast account opening: Business accounts can be opened in under 5 minutes.