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CredPal

Lagos, Nigeria

Valuation

$17.1M

2024 Revenue

$5.7M

Funding

$0

Team

35

Founded

2018

How CredPal CEO Mofehintolu Olaogun grew CredPal to $5.7M revenue with a 35 person team in 2024.

CredPal is a buy now pay later company in Africa that allows…

Last updated

CredPal Revenue

In 2024, CredPal's revenue reached $5.7M. Since its launch in 2018, CredPal has shown consistent revenue growth.

CredPal Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M2018201920202021202220232024$0$6MSource: GetLatka.com
YearMilestone
2024CredPal Hit $5.7m revenue in June 2024
2018Launched with $0 revenue

CredPal Valuation, Funding Rounds

CredPal's most recent disclosed valuation is $17.1M.

CredPal is a bootstrapped SaaS startup. Founded in 2018, CredPal has grown to $5.7M in revenue without raising any venture capital or outside funding.

As a self-funded SaaS company, CredPal has built its business with no outside investment.

CredPal Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120182018 cumulative: $0 • 2018 Founded: $02018 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

CredPal Employees & Team Size

CredPal employs approximately 35 people as of 2026.

CredPal has 35 total employees in different roles and functions.

CredPal Team GrowthReported headcount over time08152330382018201920202021202220232024003535Source: GetLatka.com
YearMilestone
2024Reached 35 employees (June 2024)
2024Reached 35 employees (June 2024)

Founder / CEO

Mofehintolu Olaogun

Mofehintolu Olaogun is listed as Founder / CEO at CredPal.

Q&A

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Customers

We do not have customer count information for CredPal yet.

Frequently Asked Questions about CredPal

What is CredPal's revenue?

CredPal generates $5.7M in revenue.

Who founded CredPal?

CredPal was founded by Mofehintolu Olaogun.

Who is the CEO of CredPal?

The CEO of CredPal is Mofehintolu Olaogun.

How much funding does CredPal have?

CredPal raised $0.

How many employees does CredPal have?

CredPal has 35 employees.

Where is CredPal headquarters?

CredPal is headquartered in Lagos, Nigeria.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

CredPal Revenue 2024: $5.7M ARR, $17.1M Valuation