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CDCARE
AddedFeb 18, 2024
UpdatedJun 18, 2026
CDCARE

CDCARE

CDcare: Interest-free facilitator for gadget, appliance, and car ownership in Africa.

HQ
Lagos, Lagos, NG
Founded
2020
Accelerator
Techstars logoTechstars: ARM Labs Lagos2022
Overview
Compare
Fundraising
Employees
Website

Cdcare was founded with the mission to make it easier for Africans to own essential items such as gadgets, appliances, and cars without incurring interest charges. The company's vision is to democratize access to necessary goods by offering a payment plan that allows customers to pay in small, manageable installments at the normal market price. This service is available through their platform, which can be accessed via Android and iOS applications. Cdcare focuses on the African market, aiming to alleviate financial barriers and promote economic empowerment.

Notable affiliated individuals and investors are not publicly disclosed. However, Cdcare has achieved significant milestones by providing a zero-interest payment model that distinguishes it from traditional financing options. The company has streamlined the purchasing process by eliminating the need for BVN (Bank Verification Number) or bank login details, making it less invasive and more secure for users. This innovative approach has had a considerable impact on the accessibility of essential goods for African communities, fostering greater financial inclusion and consumer confidence.

CDCARE - Similar Companies

Keza Africa logo

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CDCARE - Quick Facts

Who are CDCARE's competitors?

Companies similar to CDCARE include Keza Africa, CredPal, LayUp Technologies and Autority.io.

When was CDCARE founded?

CDCARE was founded in 2020.

Where is CDCARE's headquarters located?

CDCARE's headquarters is located in Lagos, Lagos, NG.

When was CDCARE's last funding round?

CDCARE's most recent funding round was for $20k (USD) in December 2022.

How much has CDCARE raised to-date?

As of Dec 22, 2022, CDCARE has raised a total of $20k (USD).

How many employees does CDCARE have?

CDCARE has 6 employees as of Feb 4, 2024.

CDCARE - Classification

Technology
  • FinTech
Geographic Exposure
  • Africa
Model
  • Platform
Revenue
  • Transactional
Customer
  • Consumers
Main Product
  • Financial Services
Tags
  • Mobile
  • SaaS
NAICS
  • 440000Retail Trade
SIC
  • 5900Miscellaneous Retail