MyCredit
MyCredit is a Ukrainian online microfinance service providing fast, convenient online loans up to 35,000 UAH via a mobile app and website. It operates fully online, offering loans without paperwork, with instant approval and money transfer to bank cards within minutes. The company targets individuals aged 18 to 70 across Ukraine, including students, entrepreneurs, pensioners, and those with poor credit history. It differentiates by offering low interest rates, transparent terms, no hidden fees, and 24/7 service. MyCredit has a strong market position as a leader in microfinance with multiple awards and a loyal customer base, supported by automated scoring and AI-driven risk management. It holds a license from the National Bank of Ukraine and PCI DSS certification for data security.
MyCredit
MyCredit is a Ukrainian online microfinance service providing fast, convenient online loans up to 35,000 UAH via a mobile app and website. It operates fully online, offering loans without paperwork, with instant approval and money transfer to bank cards within minutes. The company targets individuals aged 18 to 70 across Ukraine, including students, entrepreneurs, pensioners, and those with poor credit history. It differentiates by offering low interest rates, transparent terms, no hidden fees, and 24/7 service. MyCredit has a strong market position as a leader in microfinance with multiple awards and a loyal customer base, supported by automated scoring and AI-driven risk management. It holds a license from the National Bank of Ukraine and PCI DSS certification for data security.
TL;DR
Business: Ukrainian online microfinance service offering instant consumer loans
Founded: 2016
Team size: ~80 employees
Funding: $3.0M seed / early VC (Jul 2019) — lead: TAS Group
Tech: Big data and machine learning for risk management
Company Overview
Problem Domain
Consumer access to short-term credit / microfinance
Founded
2016
Industry
FinTech / Consumer lending
Tech Stack
Funding Track Record
$3,000,000
Reported July 2019 investment; deal descriptions list an implied valuation of ~$20M at the time.
Investor Signal
“TAS Group lead investor in reported 2019 round”