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Credo Bank

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Microfinance institution operating in georgia

Tbilisi, GeorgiaFounded 1997Fintech
Valuation $50–100M Last recorded · 2024
Revenue $10–50M Latest reported FY
Headcount 1–2k Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Credo Bank and the history behind them.

About Credo Bank

Credo Bank is a prominent financial institution in Georgia, dedicated to serving micro, small, and medium-sized enterprises (MSMEs). The bank operates in the Georgian market, providing a range of tailored banking products and services designed to support economic growth and development. Credo Bank's business model revolves around offering loans, deposits, and financial transactions through both traditional and digital channels. The bank has recently introduced the Credo Mediator service, which allows customers to conduct financial transactions via Mycredo Internet and Mobile Bank with the assistance of partner bank agents, making banking more accessible in regional areas. Additionally, Credo Bank has developed an auto pawn product, enabling individuals to obtain up to 50,000 GEL while retaining the right to drive their vehicle. The bank also offers special provisions for Ukrainians living in Georgia, granting them access to certain banking services free of charge. Credo Bank's commitment to inclusive economic growth is further highlighted by its collaboration with EIB Global and EBRD, securing significant investments to support Georgian enterprises and female entrepreneurs. The bank is also a member of the GABV HR Committee, emphasizing its dedication to sustainable and value-driven HR practices. Credo Bank leads the market in online installments, providing customers with straightforward online installment plans and exclusive deals in partnership with various companies.

Source: Dealroom company data

At a glance

Founded
1997
Headquarters
Tbilisi, Georgia
Sector
Fintech
Power Law
Colt$25–100M revenue

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later4 investors entered at this stage

  • MicroVest Capital Management
  • Symbiotics Group
  • Gojo & Company
  • European Bank for Reconstruction and Development
Team profiled 14 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
10 countries with
team presence
🇬🇪 Georgia99%
🇩🇪 Germany0.1%
🇸🇪 Sweden0.1%
🇪🇸 Spain0.1%
🇵🇱 Poland0.1%
Top 5 of 10 shown
Web traffic by country
110K monthly visits
across markets
🇬🇪 Georgia89.4%
🏳️ Russian Federation3.2%
🇺🇸 United States1.5%
🇩🇪 Germany1.3%
🇸🇪 Sweden1.2%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Credo Bank on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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