Diligence memo · auto-generated · as of July 2, 2026
CredPal
CredPal looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
CredPal operates in Fintech, based in Lagos, LA, Nigeria; LA, Nigeria. CredPal is a buy now pay later company in Africa that allows…
Sub-sector tags: Fintech, Payments.
Capital & rounds (filed)filed
CredPal has raised $1.5M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $1.5M on 2020-12-02.
Most recent recorded round closed around 2020-12-02.
Valuation (modeled)modeled
Provath models CredPal at approximately $43M (range $1.3M–$302M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.88× the median modeled value of Seed Fintech companies in 2019–2021 (34 peers) — value vs value, same stage and era. Within the normal band (88% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 5.6 yr ago; this sector typically re-raises about every 12 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 75% of Fintech peers (1063 compared).
Modeled value ranks above 82% of those peers.
Closest niche peers: Paymob, Alude Holdings Ltd., Stitch, Chari, Diool.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.