SMECreditPro

What SMECreditPro does

SMECreditPro is a Cameroon-based fintech founded in 2017 by Oliver Fomunung (CEO) and Lisa Wilhelm (Co-Founder & Chairman) that addresses the SME credit gap in Sub-Saharan Africa through an AI/ML-powered credit scoring and lending platform. The company's technology core is the SMECreditPro 360° Rating, an online MSME application fused with alternative data sources (mobile money transactions, social media interactions, psychometric inputs) and processed through a proprietary modified Z-Score model adapted for local business environments to generate real-time business, financial, and credit ratings, alongside automated financial statements (income, balance sheet, cash flow), 25 financial ratios, and sectoral indices. The platform supports collateral-free working-capital loans up to XAF 5,000,000 (approximately USD 8,200) with a 24-hour provisional decision and 72-hour disbursement via mobile money (Orange Money, MTN Mobile Money), bank transfer, or cheque, with minimum eligibility of one year in operation and annual revenue above XAF 3,000,000.

The company monetizes through five revenue streams: loan interest and late/recovery fees, application processing fees, credit rating reports sold to lenders and government buyers via customized B2B portals, and commissions from an SME Loan Marketplace that matches qualified borrowers to lender products. Beyond direct lending, the platform is structured as a three-pillar ecosystem: SMECreditPro 360° Rating and Robo Advisory for SMEs, Lender Advantage for banks, MFIs, P2P and alternative lenders needing pre-screening and portfolio tools, and Supplier Advantage for corporations and government agencies pre-screening SME suppliers. Distribution is branchless and digital (English and French), supplemented by field agents and multi-channel referral funnels (bank, corporate, government, colleague). Operations are anchored in Douala, Cameroon, with a Delaware-registered US entity (SME Credit Pro Inc, Newark) and operating signals in Kenya and Nigeria; SMECreditPro claims to have funded over 1,000 small businesses in under two years from its October 2018 platform launch.

The business sits at the intersection of digital lending, credit infrastructure, and B2B SaaS, with product registration under the SMECreditPro 360° Rating, Lender Advantage, and Supplier Advantage marks, regulatory-grade endorsements including the Central Bank of Kenya Virtual Africa Hackathon 2020 win and selection for the MAS Global Fintech Hackcelerator at the Singapore Fintech Festival 2020, and reported traction despite a small 1–10 person team and no disclosed external funding rounds.

Name

SMECreditPro

Legal name

SME Credit Pro Ltd

Website

https://smecreditpro.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

SMECreditPro is a Cameroon-based fintech operating an AI/ML-powered credit scoring and lending platform that issues collateral-free business loans up to XAF 5,000,000 to underserved SMEs across Sub-Saharan Africa, while serving banks, MFIs, corporates, and government agencies with pre-screening and supplier rating tools.

Ownership category

akta.pro rank

Product category

SME Lending Platform

NAICS

Credit Bureaus (561450), Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SME Lending Platforms & Embedded SME Credit (FSAKAGAJ)

akta.pro secondary industries

SME Lending & Working Capital Platforms (FSAGAJAA), SME Credit Underwriting, Scoring & Risk Analytics (FSAKAGAL), SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM)

Keywords

• Alternative credit scoring
• SME lending platform
• Embedded fintech marketplace
• AI credit risk assessment
• Small business financing

Headquarters

HQ city

Douala

HQ country

Cameroon

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. Loan Interest: SMECreditPro charges interest on loans advanced to borrowers at rates communicated in a pricing schedule. Interest is a primary revenue stream from the lending side of the business.
2. Application Processing Fee: An application processing fee payable in advance or deducted from the loan amount at disbursement. This is a one-time charge collected at the point of loan origination.
3. Late Fees and Recovery Charges: Late fees are charged when borrowers fail to pay monthly installments by the agreed due date. Legal/recovery charges may also apply including advocate and client charges in proceedings related to loan accounts.
4. Credit Rating Report Sales to Lenders: Lenders, government agencies, and corporations access the platform through customized web portals to obtain SMECreditPro 360° Rating reports on SMEs, paying for credit risk profile information to inform lending decisions.
5. Loan Marketplace Commission: The SME loan marketplace matches borrowers to lenders; lenders list loan and credit card products on the marketplace, and SMECreditPro takes a commission or fee for facilitating matches through its technology.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

SMECreditPro is a Cameroon-based fintech platform that provides micro, small and medium enterprises in Sub-Saharan Africa with an AI/ML-driven SMECreditPro 360° credit and financial rating, complemented by collateral-free business working capital loans of up to XAF 5,000,000 with funding within 72 hours. It also operates an SME loan marketplace and B2B portals (Lender Advantage and Supplier Advantage) that enable banks, MFIs, alternative lenders, corporations, and government agencies to pre-screen SME borrowers and suppliers using the same proprietary alternative-data rating engine.

Product overview

SMECreditPro is a Cameroon-based fintech platform addressing the SME credit gap in Sub-Saharan Africa. The unified platform centers on the SMECreditPro 360° Rating product, which combines an online MSME information application with AI, machine learning, and alternative data sources to generate real-time credit ratings, financial statements (income, balance sheet, cash flow), and robo advisory insights. The platform offers three complementary solutions: Lender Advantage™ for financial institutions to make smarter SME credit decisions; Supplier Advantage™ for corporations and government agencies to pre-screen SME suppliers; and a Loan Marketplace connecting credit-qualified borrowers with partner lenders. The core offering includes collateral-free business loans up to XAF 5,000,000 with 72-hour funding.

Differentiator

Problem solved

Functional benefit

Brands

• SMECreditPro 360 Rating: The company's proprietary credit rating and scoring product that provides business, financial, and credit ratings for MSMEs using AI and machine learning.
• SMECreditPro Lender Advantage
• SMECreditPro Supplier Advantage

Products and services

• SMECreditPro 360° Rating AI/ML-powered credit and financial rating product for micro, small and medium-sized businesses in Sub-Saharan Africa. Combines an online application with alternative data sources to produce a composite score (minimum 60 of 100 required), generated financial statements, and business improvement insights for thin-file SMEs lacking traditional credit history.
• Business Working Capital Loans Collateral-free short-term small business loans up to XAF 5,000,000 designed for MSMEs in operation for at least one year with annual revenue above XAF 3,000,000. Approval decisions delivered within 24 hours of verification and funding disbursed within 72 hours via Mobile Money (Orange Money, MTN Mobile Money) or bank transfer.
• Lender Advantage™ Solutions B2B partner solution for banks, microfinance institutions, P2P lenders, and alternative lenders to pre-screen SME borrowers, browse applicants by credit score and risk profile, build SME loan portfolios, reduce customer acquisition costs, and accelerate credit decisions using AI/ML-based SMECreditPro 360° ratings.
• Supplier Advantage™ Solutions B2B pre-screening solution for corporations and government agencies to evaluate SME supplier legitimacy, financial strength, and credit standing in order to strengthen supply chains, prevent business disruption, and protect brand equity during procurement and public projects.
• SME Loan Marketplace Online marketplace that matches credit-qualified SME borrowers to the most relevant loan and credit card products from partner lenders based on their SMECreditPro 360° risk profile, linking borrowers to lenders with their full rating reports and generating marketplace commission for SMECreditPro.

Quantifiable outcome

• 1000+ small businesses funded in less than 2 years
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability6 records

Feature5 records

Partnerships

One partnership is on record.

• RAPEC (Réseau pour l'Accompagnement des Produits et Entrepreneurs Camerounais)coreStrategic or Co-development Partner · 24 November 2018RAPEC is a Cameroonian association of MSME owners with the mission of facilitating access to information, markets, resources, finance, and capacity building. Under this partnership, SMECreditPro evaluates and credit rates RAPEC members, connects them to financing sources with partner financial institutions, and provides financial education. Announced November 24, 2018 in Douala, Cameroon.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Branch International: Mobile lending platform operating across Africa (Nigeria, Kenya, Tanzania, India) using proprietary ML to score and lend to thin-file borrowers. Closely comparable in product (instant mobile loans), data approach (alternative signals), and emerging-market geographic focus.
• Lidya: Nigeria- and pan-Africa-focused digital lender providing working capital to SMEs based on transaction and alternative-data underwriting. Directly comparable on SME working capital product and credit-scoring approach.
• Lendable: East Africa-focused fintech operating a marketplace and direct lending platform that connects borrowers with capital providers for SME and consumer credit. Named alongside SMECreditPro at the Africa SME Finance Forum TechPitch 2018 and is the closest direct comparable in segment and geography.
• Tala (formerly InVenture): Pioneer in alternative-data mobile lending to underbanked consumers and small businesses. Co-featured with SMECreditPro at the 2018 Africa SME Finance Forum; directly comparable in ML-driven scoring and emerging-market consumer/SME credit product.
• Carbon (formerly Paylater): Nigeria-headquartered digital lender using mobile data and ML to underwrite unbanked individuals and small businesses across Africa. Directly comparable in alternative-data underwriting of thin-file borrowers and pan-African consumer/SME lending footprint.
• FairMoney: Nigeria-founded neobank and digital lender extending credit to individuals and small businesses via a mobile app with alternative-data scoring. Comparable on mobile-first SME/microcredit and AI-driven underwriting in West Africa.
• Pezesha: Kenyan digital lending marketplace that scores SMEs using alternative data and matches qualified borrowers to multiple lenders. Closely comparable on the SME marketplace model, alternative-data underwriting, and Sub-Saharan Africa focus.

Broad incumbents

• LenddoEFL: Alternative-data credit scoring platform (acquired by Mastercard) using digital, social, and psychometric signals to score underbanked borrowers globally. Comparable on the alternative-data scoring and verification technology that underpins SMECreditPro's 360 Rating.
• CreditRegistry (CRC Credit Bureau): Nigeria's leading commercial credit bureau providing business credit reports and decisioning tools to lenders. Broad incumbent in the African SME credit information space against which SMECreditPro's Lender Advantage Solutions and 360 Rating compete.

Emerging players

• Asante Financial Services: Kenya-based digital lender serving micro and small enterprises with a marketplace-style model that aggregates multiple funders. Similar use of technology to disaggregate lender risk and aggregate SME demand in East Africa.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/smecreditpro
• YouTubeyoutube.com/channel/UCJHqO1X_MdsB_Fwu7ORBhew/featured
• Facebookfacebook.com/SMECreditPro
• LinkedInlinkedin.com/company/sme-credit-pro-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SMECreditPro