Nu-Credits
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 1.2m | 1.5m | 2.3m |
% growth | - | 25 % | 53 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$100k | Seed | ||
N/A | Support Program | ||
* | N/A | Early VC | |
* | $760k | Seed | |
Total Funding | €782k |
Recent News about Nu-Credits
EditNu Credits, operating under the trading name of Kuan Financial UK Limited, is a dynamic financial services startup that specializes in providing tailored financial solutions to businesses experiencing cash flow gaps. The company primarily serves small to medium-sized enterprises (SMEs) that are looking to expand their operations, particularly those interested in international trade and exporting commodities overseas.
Nu Credits operates in the global financial services market, focusing on trading finance and lending money to businesses. The company offers a range of services designed to help businesses manage their working capital more effectively. This includes providing quick access to funds by advancing payments on invoices, which helps businesses maintain a steady cash flow and avoid the delays typically associated with waiting for invoices to be paid.
The business model of Nu Credits revolves around offering customized financial support to its clients. By leveraging advanced integrations with various platforms, Nu Credits ensures that its solutions are easy to set up and use. This user-friendly approach is complemented by their qualified customer care support, making them a reliable partner for businesses looking to streamline their financial operations.
Nu Credits makes money through the fees and interest charged on the financial services they provide. This includes fees for advancing invoice payments and interest on loans extended to businesses. Additionally, the company has a referral program that incentivizes existing clients to introduce new businesses to their services, further expanding their client base and revenue streams.
In summary, Nu Credits is a financial services provider that helps SMEs manage cash flow, expand internationally, and leverage working capital through easy-to-use, integrated solutions. Their commitment to excellent customer service and tailored financial support makes them a valuable partner for businesses looking to grow and thrive in the global market.
Keywords: cash flow, SMEs, international trade, invoice financing, working capital, financial solutions, lending, trading finance, customer support, referral program.