OkCredit is a mobile based solution for small business owners and their customers to enable recording of credit/payment transactions digitally all across the country.
OkCredit provides merchants with a simple and reliable means of keeping credit and payments records for their business carried out on credit basis.
OkCredit was founded in 2017 by Harsh Pokharna, Gaurav Kumar & Aditya Prasad and is based in Arekere, Bengaluru, India.
OkCredit digitizes their transactions and records payment reducing the burden of maintaining and accounting paper account books. The ability to provide an on-demand visibility of the merchant’s record to the customers is possible for the first time.
OkCredit is backed by Tiger Global, Lightspeed and Y Combinator. The company raised $67M in its latest "Series B" financing on Sep 13, 2019, which follows the $17.5M in "Series A" in June, increases OkCredit’s total raise to $84.5M to-date.