CreditChek Acquires CreditCliq to Unlock Global Credit Access For African Immigrants

Creditchk, a fast-growing African African African evaluation platform, has acquired CREDITCLIQ, an American company that helps companies take out credits to newcomers while reducing the risk of defect by accessing the global credit report of customers.

Acquisition is a Creditchk strategic decision, aimed at breaking one of the greatest obstacles to African immigrants, access to credit in new countries.

Speaking about the acquisition, Kingsley Ibe, CEO of Creditchkk, told Condia,

“Financial institutions should be able to provide credits to Africans worldwide. We simply provide data to support credit requests for African candidates who may have migrated to another country. ”

Also commenting, Lionel Orishane, CTO de Creditchek, said,

“We are incredibly enthusiastic about this acquisition, because it marks a strategic step in strengthening our infrastructure, accelerating the credit decision through borders and expanding access to reliable credit data for global financial institutions. We believe that this decision will bring us closer to our mission to make financial inclusion a reality for millions of African consumers around the world. ”

Creditcliq focuses on the supply of tools for individuals to access and understand their credit information. The company offers a platform where users can discover their credit scores quickly and effectively, aimed at empowering global citizens by rendering their credit reports accessible. It also presents consumers with their first financial products, such as credit cards, helping them start to build their credit.

With a commitment to improve financial literacy and accessibility, Credit Cliq serves as a bridge between individuals and their financial health, allowing them to make informed decisions on their credit and their finances.

The acquisition of CreditCliq by Creditcheck directly takes up the challenge of non -transferable credit history, a common obstacle for African migrants trying to guarantee loans, rent apartments or obtain credit cards abroad. By integrating the CREDITCLIQ infrastructure, which was initially designed to subscribe to Immigrants from the Philippines and Mexico, Creditchk now has the capacity to translate African credit profiles in recognized formats in countries like the United States, the United Kingdom and Canada.

Launched in 2022, Creditchk has already facilitated more than 300,000 checks and supported more than $ 30 million in loans approval. The platform is associated with African credit offices to improve the transparency of financial data. Its basic offers include credit information, which connects with African credit offices and income on income, a tool for financial institutions in order to assess the solvency of bank statements.

These tools reduce credit assessment times for less than 90 seconds, considerably faster than the 20 typical minutes, with costs from $ 50 cents per search or API call. By facilitating the transfer of credit information, CREDITCHK allows financial institutions around the world to assess the solvency of African consumers, thus promoting financial inclusion and economic empowerment.

In January 2025, the company teamed up with Credpal, a Buy Now Pay company later (BNPL) in Africa, to provide solvency and identity verification services for the new Credpal credit card company. This collaboration has represented an important step for Creditchk to strengthen its mission to make credit through Africa more accessible, transparent and reliable.

With the recent acquisition, Creditchk is positioned at the forefront of the transformation of access to credit through the African continent. The company traces a future where African consumers can access financial services in a transparent way, regardless of where they are in the world.