iCreditWorks
- Company typePrivate
- Founded2020
- HeadquartersIselin, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
iCreditWorks firmographics
Firmographics- Name
- iCreditWorks
- Legal name
- iCreditWorks, Inc.
- Website
- https://icreditworks.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
iCreditWorks industry classification
Industry- Product category
- Point-of-Sale Consumer Lending
- NAICS
- Consumer Lending (522291), Nondepository Credit Intermediation (5222)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Medical & Healthcare Personal Loans (Unsecured Installment) (FSAKAAAF)
- akta.pro secondary industry
- Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)
Keywords
Where iCreditWorks is headquartered
LocationHeadquarters
- HQ city
- Iselin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
iCreditWorks business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Point-of-Sale Installment Loan Interest: iCreditWorks earns interest income from installment loans issued to consumers at the point of sale. Loans range from $200 to $25,000 with APRs from 0% to 35.99%, funded through WebBank.
- Provider Portal Services: Revenue generated from dental and healthcare providers who use the iCreditWorks platform to offer financing to their patients. Providers receive increased approvals, conversions, and practice revenue.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | In-Network Provider Loans: $200 - $25,000 |
| Unit Pricing | Monthly | Out-of-Network Provider Loans: $1,000 - $7,500 |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
iCreditWorks product offering
Product offeringCore offering
iCreditWorks originates consumer installment loans at the point of sale through a modular PaaS platform, serving dental and healthcare providers and their patients. Consumers apply, prequalify, and select loan terms via the iCreditWorks Mobile App (iOS/Android), while providers use the Provider Portal to offer financing and receive instant disbursement via Instant Pay. All loans are issued by WebBank, ranging from $200 to $25,000 with APRs of 0% to 35.99% and 6 to 60 month terms.
Product overview
iCreditWorks is a point-of-sale financing fintech company offering a modular PaaS platform with two primary interfaces: the consumer-facing iCreditWorks Mobile App and the provider-facing Provider Portal. The Mobile App enables consumers to prequalify for installment loans ranging from $200 to $25,000, compare loan options, and pay providers via tap-to-pay. The Provider Portal allows dental, healthcare, and service providers to present financing options, activate accounts, and process instant payments. The company also offers Credit Tools as an educational add-on module. The modular PaaS architecture supports expansion across multiple business verticals including healthcare and home improvement.
Differentiator
Problem solved
Functional benefit
Products and services
- iCreditWorks Mobile App Native iOS and Android mobile application that lets consumers prequalify for installment loans in seconds, compare multiple loan options (term, rate, payment), and pay providers via tap-to-pay. Manages loan account and supports AutoPay enrollment.
- iCreditWorks Provider Portal Web-based B2B portal enabling dental, healthcare, and service providers to activate accounts in approximately 15 minutes, present patient financing options, send loan application links, and process Instant Pay disbursements.
- Point-of-Care Lending Point-of-sale installment financing enabling patients to prequalify for loans directly at a provider's location using their mobile device, with funds disbursed instantly to the provider through the iCreditWorks platform.
- Installment Loans Consumer installment loan products issued by WebBank. In-Network provider loans range from $200 to $25,000 at 0% to 35.99% APR, with terms of 6 to 60 months, funded directly to affiliated providers. Out-of-Network provider loans range from $1,000 to $7,500 at 9.99% to 35.99% APR via a single-use Virtual Card.
- Modular PaaS Platform Modular Platform-as-a-Service infrastructure enabling omni-channel lending across multiple verticals and business partners, supporting expansion into healthcare, home improvement, and other sectors beyond the core dental vertical.
Quantifiable outcome
- Loan approval decisions in seconds through prequalification
- +2 more outcomes
Companies that use iCreditWorks
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles1 record
iCreditWorks technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
iCreditWorks partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights5 records
iCreditWorks competitors and assessment
Company assessmentDirect peers
- CareCredit (Synchrony Financial): Synchrony Financial's healthcare-financing credit card, deeply entrenched in dental, vision, and veterinary practices across the US. It is the dominant incumbent in patient financing that iCreditWorks is directly displacing at the point of care.
- Sunbit: Well-funded fintech offering point-of-sale installment loans, with dental as a flagship vertical. Closely comparable in product (POS installment loans), customer (dental practices and patients), and technology (mobile-first underwriting).
- Walnut (formerly J.P. Morgan Walnut / Synchrony): Patient financing platform offering POS installment loans for dental and healthcare. Directly comparable business model: matching providers and patients with installment credit at the point of care.
- GreenSky (Goldman Sachs): Point-of-sale lending platform, originally focused on home improvement and healthcare verticals, acquired by Goldman Sachs. Direct competitor in POS installment lending with analogous provider-merchant distribution model.
- LendingPoint: Online personal installment loan lender to near-prime and prime consumers. Comparable in originating unsecured installment loans via digital channels with similar APR bands and term structures.
- Upgrade: Digital consumer lender offering personal installment loans and credit products to non-prime borrowers. Comparable in underwriting, loan-size range, and APR profile to iCreditWorks' D2C offering.
Broad incumbents
- Affirm: Public BNPL and POS-financing leader expanding into healthcare and home improvement verticals. Adjacent competitor for the same merchant POS use cases, with broader retail presence and balance sheet.
- Klarna: Global BNPL provider offering installment financing at checkout. A broader incumbent in POS consumer credit rather than a direct dental specialist, but competes for the same underlying patient-financing wallet.
- Ally Lending: Ally Financial's point-of-sale financing arm, active in healthcare, home improvement, and automotive service. Comparable installment-loan product and merchant-channel distribution to iCreditWorks' verticals.
- Citizens Pay: Citizens Financial Group's POS lending program for healthcare, automotive, and home improvement. A larger incumbent offering similar merchant-channel installment loans with broader geographic reach.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
iCreditWorks social profiles
Digital presenceiCreditWorks financial estimates
Financial estimateRevenue estimate
Valuation estimate
iCreditWorks leadership team
Management profileNumber of profiles
Profiles4 records
iCreditWorks funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
iCreditWorks M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about iCreditWorks
What does iCreditWorks do?
iCreditWorks originates consumer installment loans at the point of sale through a modular PaaS platform, serving dental and healthcare providers and their patients. Consumers apply, prequalify, and select loan terms via the iCreditWorks Mobile App (iOS/Android), while providers use the Provider Portal to offer financing and receive instant disbursement via Instant Pay. All loans are issued by WebBank, ranging from $200 to $25,000 with APRs of 0% to 35.99% and 6 to 60 month terms.
Is iCreditWorks a public or private company?
iCreditWorks is a private company. It is classified as private equity controlled and is currently operating.
When was iCreditWorks founded?
iCreditWorks was founded in 2020. It employs 101 to 250 people.
Where is iCreditWorks based?
iCreditWorks is headquartered in Iselin, United States, in the North America region.
How does iCreditWorks make money?
Two revenue lines are on record. Point-of-Sale Installment Loan Interest is the primary driver. The others are provider Portal Services.
Who are iCreditWorks's main competitors?
Direct peers on record are CareCredit (Synchrony Financial), Sunbit, Walnut (formerly J.P. Morgan Walnut / Synchrony), GreenSky (Goldman Sachs), LendingPoint and Upgrade. Broad incumbents are Affirm, Klarna, Ally Lending and Citizens Pay.
Does iCreditWorks have an API?
No public API is recorded for iCreditWorks.
What industry is iCreditWorks in?
iCreditWorks's product category is Point-of-Sale Consumer Lending. Its primary akta.pro industry code is FSAKAAAF, Medical & Healthcare Personal Loans (Unsecured Installment), with a secondary code of FSAKAAAK, Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment). Its NAICS code is 522291 and its SIC code is 6141.