MyCredit Limited is a Kenya-based non-bank financial services institution founded in 2016. The company's slogan, "Bridge Finance for Small businesses and Salaried individuals," reflects its commitment to providing financial solutions to a diverse customer base. MyCredit's offerings span Loans & Insurance, catering to the needs of small businesses and individuals. In December 2023, the company secured a noteworthy KES460.00M Debt Financing investment from BlueOrchard Finance S A, underscoring external confidence in its business model and growth prospects.
Operating at the intersection of various industries including Financial Services, Insurance, Health insurance, and Life insurance, MyCredit Limited presents a diversified portfolio, potentially mitigating risks associated with a singular focus. The recent investment not only injects the necessary capital but also signifies an alignment of strategic vision with a renowned investor, paving the way for potential synergies and opportunities for further expansion and innovation. This significant infusion of funds can empower MyCredit to scale its operations, foster innovation, and solidify its position in the competitive financial services landscape. The investment from BlueOrchard Finance S A serves as a testament to the appeal and viability of MyCredit Limited's business proposition in the market, setting the stage for an exciting trajectory of growth and impact.