OkCredit
- Company typePrivate
- Founded2014
- HeadquartersChisinau, Moldova
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
OkCredit firmographics
Firmographics- Name
- OkCredit
- Legal name
- O.C.N OK CREDIT S.R.L
- Website
- https://ok-credit.md
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
OkCredit industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)
Keywords
Where OkCredit is headquartered
LocationHeadquarters
- HQ city
- Chisinau
- HQ country
- Moldova
- HQ region
- Europe
Offices7 records
Markets served
OkCredit business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Loan Interest Income: Primary revenue stream from interest charged on credit products. The company offers fixed interest rates on loans with varying terms and amounts. Interest rates are quoted as monthly rates (4.16% monthly fixed rate) and expressed as Annual Effective Interest Rate (DAE) which can reach up to 99.8% for certain products.
- Administration Commission: Ongoing administration fees charged for loan servicing. Commission rate of 0.04% per day applied to the outstanding balance.
- Early Repayment Fees: Compensation fee charged only in case of early repayment of the credit amount and other contractual remuneration. No agreement commission (0% origination fee).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Monthly | Quick Credit (Credit Rapid) - Personal loans 1,000-50,000 MDL |
| Unit Pricing | Monthly | Business & Agro Credit - 5,000-150,000 MDL |
| Unit Pricing | Monthly | Collateral/Guarantee Credit (Gaj) - 1,000-200,000 MDL |
| Unit Pricing | Monthly | Representative Example - Standard 24-month loan |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
OkCredit product offering
Product offeringCore offering
OkCredit issues quick personal, business, and collateral-backed loans to Moldovan individuals and legal entities, with amounts ranging from 1,000 to 200,000 MDL and terms of 12–36 months at fixed interest rates. Customers can apply entirely online or visit any of 6 branch offices, providing only an ID/passport without a salary certificate, and receive funds directly to a bank card or account. Loan management, repayment scheduling, and digital contract signing are handled through the online Cabinet Personal portal, with repayment accepted across partner banks, payment terminals, and Moldova Post offices.
Product overview
OK Credit is a non-banking credit organization (OCN) operating in Moldova since 2014, offering a portfolio of three main loan products: Personal Credit (Credit), Business & Agro loans for entrepreneurs, and Gaj collateral-based loans. All products are accessible through an online application process with minimal documentation requirements. The company provides a Personal Account (Cabinet Personal) for customers to manage their loans and a Partner Access (Acces Partener) portal for business partners. Loan amounts range from 1,000 to 200,000 MDL with terms from 12 to 36 months, with fixed interest rates and no requirement for income certificates for most products.
Differentiator
Problem solved
Functional benefit
Products and services
- Personal Credit (Credit Rapid) Quick personal loans for Moldovan individuals aged 18+ with regular monthly income, ranging from 1,000 to 50,000 MDL over 12–36 months at a fixed 4.16% monthly interest rate, with no salary certificate required and funds disbursed to a bank card within minutes of approval.
- Business & Agro Credit Loans for Moldovan small and medium businesses, entrepreneurs, and agricultural enterprises, ranging from 5,000 to 150,000 MDL over 12–35 months, designed for business development, working capital, equipment purchase, agro-investments, and debt refinancing, with the same fixed-rate structure as personal loans.
- Gaj (Collateral Loan) Collateral-backed secured loans ranging from 1,000 to 200,000 MDL with 12–33 month terms, providing OkCredit's highest loan ceiling for customers who pledge collateral and prefer larger or longer-tenure financing.
Quantifiable outcome
- Loan approval and disbursement in minutes to few hours
- +4 more outcomes
Companies that use OkCredit
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
OkCredit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
Feature3 records
OkCredit partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and supporting.
- BC Moldova-Agroindbank S.A.corePartner bank for loan repayment. Customers can make credit payments at any BC Moldova-Agroindbank branch throughout Moldova. The bank serves as a key repayment channel for OK Credit's loan products.
- BC Moldindconbank S.A.corePartner bank for loan repayment. Customers can make credit payments at any BC Moldindconbank branch. Primary banking partner with official account details (IBAN MD05ML000000002251406225) held at this institution.
- QIWIsupportingPayment terminal network partner. QIWI terminals available 24/7 for instant loan repayment processing. Provides convenient cash payment option for customers without bank cards.
- PaynetsupportingPayment service provider for online and terminal-based loan repayments. Supports instant payment processing and electronic wallet services for fund disbursement.
- BpaysupportingPayment terminal and e-wallet service for loan repayments. Available for instant payment processing and fund transfers for OK Credit customers.
- RunPaysupportingPayment terminal network for loan repayments. Provides 24/7 payment processing capability for OK Credit customers across their terminal network.
- Moldova Post (Poșta Moldovei)supportingNational postal service partner for loan repayments. Available at all post offices throughout Moldova, particularly important for customers in rural areas without internet or bank access. Extends OK Credit's reach to underserved areas.
Scale indicators4 records
Recent moves6 records
Expansion highlights4 records
OkCredit competitors and assessment
Company assessmentDirect peers
- Microinvest: Moldovan-domiciled microfinance company providing loans and micro-credits to individuals, SMEs, and agricultural producers. Closest domestic NBFI peer, sharing target segments and the Moldovan regulatory base (CNPF).
- Patria Credit: Romanian and Moldovan non-bank lender focused on rural, agricultural, and SME microcredit. Closely comparable to OkCredit's Business & Agro product and Gaj collateral-backed loans, including a similar branch-led distribution approach.
- IuteCredit (MOGO): One of the largest non-bank consumer lenders in Moldova and the broader Balkans/CIS, offering personal, vehicle, and SME loans via digital and branch channels. Directly comparable to OkCredit's personal/Business/Gaj product set but at materially greater scale and regional footprint.
- Conso Grup / ConsoCredit: Romanian non-bank lender specialized in small-ticket consumer and SME credit with physical and online presence. Comparable product mix and customer profile to OkCredit's tier-one NBFI model.
- EasyCredit (IFN Easy Credit): Romanian and Moldovan online consumer lender providing fast digital personal loans. Same product category (digital installment credit) and similar target customer to OkCredit, operating in overlapping markets.
- Online Credit (Moldova): Moldovan non-bank lender offering online personal loans with quick approval and bank-card disbursement. Matches OkCredit's speed-led, ID-only digital onboarding positioning in the same Moldovan market.
- Credus IFN: Romanian non-bank lender with Moldovan-origin operations offering online and branch-based consumer and business credit. Closely comparable business model in geography, product design (small-ticket installment and lines of credit), and target customer.
Others
- FinComBank (Moldova): One of Moldova's commercial banks offering consumer and SME loans including small-ticket credit. Adjacent competitor serving the same Moldovan borrower pool but as a regulated depository bank rather than an OCN.
Broad incumbents
- Provident (International Personal Finance): Large European home-credit and microcredit lender operating in Romania, Moldova, and adjacent markets with doorstep and digital personal loans. Overlaps with OkCredit's installment consumer lending model at significantly larger scale.
- TBI Bank: Regional consumer finance and digital bank active in Bulgaria, Romania, and the Balkans with personal loans, BNPL, and SME credit. Overlaps with OkCredit's personal/SME product scope but operates at much larger scale and as a licensed bank.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
OkCredit social profiles
Digital presenceOkCredit compliance and trust
Trust signalCompliance3 records
OkCredit financial estimates
Financial estimateRevenue estimate
Valuation estimate
OkCredit leadership team
Management profileNumber of profiles
OkCredit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OkCredit 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 OkCredit
What does OkCredit do?
OkCredit issues quick personal, business, and collateral-backed loans to Moldovan individuals and legal entities, with amounts ranging from 1,000 to 200,000 MDL and terms of 12–36 months at fixed interest rates. Customers can apply entirely online or visit any of 6 branch offices, providing only an ID/passport without a salary certificate, and receive funds directly to a bank card or account. Loan management, repayment scheduling, and digital contract signing are handled through the online Cabinet Personal portal, with repayment accepted across partner banks, payment terminals, and Moldova Post offices.
Is OkCredit a public or private company?
OkCredit is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was OkCredit founded?
OkCredit was founded in 2014. It employs 11 to 50 people.
Where is OkCredit based?
OkCredit is headquartered in Chisinau, Moldova, in the Europe region.
How does OkCredit make money?
Three revenue lines are on record. Loan Interest Income is the primary driver. The others are administration Commission and early Repayment Fees.
Who are OkCredit's main competitors?
Direct peers on record are Microinvest, Patria Credit, IuteCredit (MOGO), Conso Grup / ConsoCredit, EasyCredit (IFN Easy Credit), Online Credit (Moldova) and Credus IFN. FinComBank (Moldova) is listed as an others. Broad incumbents are Provident (International Personal Finance) and TBI Bank.
Does OkCredit have an API?
No public API is recorded for OkCredit.
What industry is OkCredit in?
OkCredit's product category is Consumer Lending. Its primary akta.pro industry code is FSAKAAAK, Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment). Its NAICS code is 522 and its SIC code is 6141.