Tekkredi
Tekkredi.com is a platform to help you reconfigure your existing loans in different banks and relax your monthly payment plan.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
N/A | - | ||
| Total Funding | 000k | ||
Related Content
Established in 2014, Tekkredi was a financial software company headquartered in Besiktas, Turkey, that operated as a credit consolidation and restructuring platform. The firm's primary offering was a service that allowed individuals to consolidate various debts, such as personal loans and credit card balances from multiple banks, into a single loan with one partner bank. This process was designed to simplify debt management by creating a single, more manageable monthly payment plan for the user.
The business operated on a B2C model, serving consumers in Turkey who were looking to restructure their finances. The platform functioned by first having the user register and provide their identity and income information. With the user's consent, Tekkredi would access their credit report from the Kredi Kayıt Bürosu (Credit Registration Bureau) to get a comprehensive view of their debt situation. This information was then shared with Tekkredi's partner financial institutions, which would then assess the user's profile and, if applicable, present loan consolidation offers. The user could then compare these offers and choose the one that best suited their needs, initiating the consolidation process—all facilitated through the Tekkredi platform.
The company emphasized a secure, fast, and user-friendly experience, highlighting that its processes were compliant with the Banking Regulation and Supervision Agency (BDDK) regulations in Turkey. Financially, Tekkredi was formerly venture-backed, having raised a total of $863,000, which included an early-stage VC round in December 2017 and a grant in June 2018. According to PitchBook data, the company ceased operations as of October 2023.
Keywords: debt consolidation, credit restructuring, personal finance, loan management, consumer lending, FinTech, Turkish market, payment plan, loan consolidation, credit report, financial services, online lending platform, debt management, consumer credit, loan refinancing, single payment, financial health, credit card debt, personal loans, banking solutions