Creditcoin
Creditcoin is an EVM-compatible Layer 1 blockchain that uses Universal Smart Contracts to enable native cross-chain dApps for DeFi, RWA, DePIN, and Gaming, serving developers and ecosystem partners with wallet, DEX, bridge, and on-chain credit infrastructure.
- Company typePrivate
- Founded2017
- HeadquartersTallinn, Estonia
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Creditcoin does
Creditcoin is an EVM-compatible Layer 1 blockchain, operated by Creditcoin OÜ (Tallinn, Estonia), that originated in 2017 as on-chain credit recording infrastructure for micro-lending in emerging markets — first deployed in Nigeria — and has since processed 5M+ on-chain loan transactions and recorded $100M+ in cumulative loans. Its differentiator is Universal Smart Contracts (USC), a general-purpose cross-chain execution layer built into the base protocol that lets smart contracts natively read, verify, and act on data from any supported blockchain using cryptographic proofs in a single block (~15 seconds), eliminating the bridge and oracle trust assumptions common in cross-chain designs. The company positions USC as the foundation for DeFi, RWA, DePIN, and Gaming applications.
The product suite spans Credit Wallet (non-custodial iOS/Android wallet), Creditcoin CLI, PenguinSwap (in-ecosystem DEX with zero platform fees), PenguinBridge (cross-chain bridge to Ethereum and BNB Chain), PenguinBase (dApp distribution hub), Creditcoin Explorer, and a Staking Dashboard, supplemented by Credal (the credit-recording product layer). Develop
Creditcoin firmographics
Firmographics- Name
- Creditcoin
- Legal name
- Creditcoin OÜ
- Website
- https://creditcoin.org
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Creditcoin is an EVM-compatible Layer 1 blockchain that uses Universal Smart Contracts to enable native cross-chain dApps for DeFi, RWA, DePIN, and Gaming, serving developers and ecosystem partners with wallet, DEX, bridge, and on-chain credit infrastructure.
- Ownership category
- akta.pro rank
Creditcoin industry classification
Industry- Product category
- Layer 1 Blockchain Protocol
- NAICS
- Activities Related to Credit Intermediation (5223), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)
- SIC
- Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI)
- akta.pro secondary industries
- Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations) (FSAGAMAK), Cross-Chain Wallet & Asset Routing Infrastructure (FSADACAJ), Tokenized Debt, Notes & On-Chain Credit Instruments (FSADAFAM), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)
Keywords
Where Creditcoin is headquartered
LocationHeadquarters
- HQ city
- Tallinn
- HQ country
- Estonia
- HQ region
- Europe
Offices1 record
Markets served
Creditcoin business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Blockchain Transaction Fees: Standard on-chain gas fees for transactions on the Creditcoin network. Users pay network fees for staking operations, token swaps, and smart contract execution.
- Ecosystem Services: PenguinSwap DEX operates with zero platform fees, only standard on-chain gas. PenguinBridge cross-chain bridge offers zero bridging fees with approximately half the frontend fees of current solutions.
- Swap Services: wCTC <-> CTC swap service and G-CRE -> CTC one-way swap at 1:1 ratio. May charge fees for swap services and reserves right to change fees at discretion.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free wallet access with on-chain gas fees |
| Other | Multi-year contract | Developer platform with investment funding available |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels6 records
Creditcoin product offering
Product offeringCore offering
Creditcoin is an EVM-compatible Layer 1 blockchain protocol that enables developers to deploy native cross-chain decentralized applications through Universal Smart Contracts (USC), which read and verify data from any supported blockchain using cryptographic proofs—eliminating bridges and oracles. The ecosystem includes a non-custodial mobile wallet, a DEX, a cross-chain bridge, an on-chain credit recording infrastructure (Credal), and a $10M developer investment fund, all powered by an NPoS consensus network with synchronous ~15-second cross-chain verification.
Product overview
Creditcoin is an EVM-compatible layer 1 blockchain designed for cross-chain builders, featuring Universal Smart Contracts (USC) that enable native cross-chain dApps to read and verify transaction data from any supported blockchain with cryptographic proofs. The ecosystem includes Credit Wallet (official non-custodial wallet for iOS/Android), Creditcoin CLI (terminal-based tool), PenguinSwap (DEX), PenguinBridge (cross-chain bridge to Ethereum/BNB Chain), PenguinBase (dApp hub), and Staking Dashboard. Developer support includes CEIP ($10M investment fund), BUIDL CTC hackathon, and comprehensive documentation. The network supports DeFi, RWA, DePIN, and Gaming build tracks with over 5M+ on-chain loan transactions and $100M+ total loans recorded since 2017.
Differentiator
Problem solved
Functional benefit
Brands
- Credit Wallet: Creditcoin's official non-custodial wallet for securing assets, interacting with dApps, and managing digital assets. Available on iOS and Android with NFT support, gas fee optimization, and seamless wallet import features.
- Universal Smart Contracts (USC)
- Credal
- PenguinSwap
- PenguinBridge
- PenguinBase
- SpaceRouter
Products and services
- Creditcoin Layer 1 Blockchain An EVM-compatible Layer 1 blockchain designed for cross-chain builders. Features Universal Smart Contracts (USC) that enable native cross-chain dApps to read and verify transaction data from any supported blockchain with cryptographic proofs, without centralized single points of failure. Powers on-chain credit recording (Credal), DeFi, RWA, DePIN, and Gaming applications.
- Universal Smart Contracts (USC) A general-purpose cross-chain execution layer built into Creditcoin that enables contracts to natively read, verify, and act on data from any supported chain without trusting bridges or oracle operators. Uses cryptographic proofs verified synchronously in the same transaction (~15 seconds per block). For developers building multi-chain DeFi, RWA, gaming, and governance applications.
- Credit Wallet The official non-custodial wallet for Creditcoin. Securely stores assets, interacts with dApps, manages EVM tokens, supports NFT collection management, and features smart gas fee optimization. Supports seamless wallet import from iCloud and Google Drive and multi-address management from a single seed phrase. Available on iOS and Android for individual crypto users.
- Creditcoin CLI
Quantifiable outcome
- ~$1.8M in loans recorded by Aella within weeks of integration
- +2 more outcomes
Companies that use Creditcoin
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles3 records
Creditcoin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature6 records
Creditcoin partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and flagship.
- SpacecoincoreSpacecoin is building a decentralized satellite-based internet network using low-Earth-orbit satellites on Creditcoin's blockchain. WLFI partnership integrates USD1 stablecoin as settlement currency for payments on Spacecoin's network. Spacecoin has deployed hardware with proof-of-concept satellite (December 2024) and three additional satellites (November 2025).
- Midnight NetworkcoreCreditcoin is an application layer partner in Midnight Network's privacy-first decentralized identity ecosystem. Collaboration enables token-backed lending platforms and privacy-preserving credential verification using zero-knowledge proofs without exposing personal data. Partnership aims to combat AI deepfakes and fraud in digital identity verification.
- Midnight NetworkcoreJoint development of decentralized identity infrastructure combining Creditcoin's verifiable on-chain credit history with Midnight's privacy-preserving technology. Initiative creates secure, privacy-preserving human authentication system using blockchain and zero-knowledge proofs to verify financial behavior without exposing sensitive data.
- Central Bank of NigeriaflagshipGluwa (Creditcoin's technology provider) signed an MoU with the CBN to integrate Credal with Nigeria's eNaira CBDC. This represents a major real-world institutional adoption of Creditcoin's technology.
- PenguinSwapcoreOfficial decentralized exchange (DEX) of the Creditcoin network. Built on Creditcoin for swapping tokens within CTC ecosystem. Zero platform fees, only standard on-chain gas. Part of core ecosystem infrastructure.
- PenguinBridgecoreCross-chain bridge supporting CTC, SPACE, and other ecosystem tokens across Creditcoin, Ethereum, and BNB Chain. Offers zero bridging fees and approximately half the frontend fees of current solutions. Part of core ecosystem infrastructure.
- PenguinBasecoreOfficial ecosystem hub for Creditcoin dApps, airdrops, games, and NFT experiences. Active users, real distribution for ecosystem projects. Gateway to CTC ecosystem.
- World Liberty Financial (WLFI)flagshipWLFI partnership integrates USD1 stablecoin as settlement currency for payments on Spacecoin's decentralized satellite network. World Liberty's infrastructure partner Spacecoin is building on Creditcoin blockchain.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Creditcoin competitors and assessment
Company assessmentDirect peers
- Astar Network: Astar is an EVM-compatible L1/parachain focused on cross-chain DeFi, RWA, and builder tooling. It competes with Creditcoin for the same EVM-native developer audience building multi-chain dApps across DeFi, RWA, and gaming verticals.
- Wormhole: Wormhole is a cross-chain messaging protocol connecting Ethereum, Solana, BNB Chain and others. It competes directly with Creditcoin's cross-chain execution vision and PenguinBridge offering, both targeting trust-minimized asset and data transfers.
- Moonbeam: Moonbeam is an EVM-compatible smart contract parachain targeting cross-chain DeFi and RWA builders. It shares Creditcoin's developer-led, EVM-compatible, cross-chain-focused positioning for builders of DeFi and tokenized asset applications.
- Axelar: Axelar provides universal interoperability across chains via a proof-of-stake consensus and cross-chain gateway architecture. It overlaps with Creditcoin USC in offering developers cross-chain smart contract calls and asset transfers, though with a different security model.
- LayerZero: LayerZero is the leading omnichain messaging protocol enabling cross-chain dApps. It is a direct competitor to Creditcoin's USC, both targeting developers building cross-chain applications that need to read and verify state across chains without centralized intermediaries.
Broad incumbents
- Polygon: Polygon offers EVM-compatible scaling and a cross-chain interoperability stack (AggLayer, PoS) for builders. As a deep-pocketed incumbent, it competes for the same EVM developer audience that Creditcoin targets for RWA and DeFi deployment.
- Polkadot: Polkadot underpins the Substrate-based ecosystem (which Creditcoin's NPoS stack is also influenced by) and offers cross-chain messaging via XCM. It is a broad incumbent in the cross-chain builder space that Creditcoin's USC and DePIN focus competes against for developer mindshare.
- Chainlink (CCIP): Chainlink's Cross-Chain Interoperability Protocol (CCIP) is a broad-incumbent competitor in cross-chain messaging and verification. While Creditcoin positions USC as oracle-free, Chainlink's brand and oracle footprint give it a structural advantage in developer trust.
- Cosmos (IBC): Cosmos is the canonical cross-chain interoperability ecosystem via IBC, enabling sovereign chains to exchange data and assets. It is a broad incumbent competitor in cross-chain execution and a relevant comparable for Creditcoin's multichain vision.
Others
- Gluwa: Gluwa is identified as Creditcoin's technology provider and is the partner behind the Central Bank of Nigeria eNara integration via Credal. It is closely tied to Creditcoin operationally while also operating as an adjacent credit and remittance infrastructure provider in its own right.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Creditcoin social profiles
Digital presenceCreditcoin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Creditcoin leadership team
Management profileNumber of profiles
Profiles1 record
Creditcoin funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Creditcoin M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Creditcoin
What does Creditcoin do?
Creditcoin is an EVM-compatible Layer 1 blockchain protocol that enables developers to deploy native cross-chain decentralized applications through Universal Smart Contracts (USC), which read and verify data from any supported blockchain using cryptographic proofs—eliminating bridges and oracles. The ecosystem includes a non-custodial mobile wallet, a DEX, a cross-chain bridge, an on-chain credit recording infrastructure (Credal), and a $10M developer investment fund, all powered by an NPoS consensus network with synchronous ~15-second cross-chain verification.
Is Creditcoin a public or private company?
Creditcoin is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Creditcoin founded?
Creditcoin was founded in 2017. It employs 11 to 50 people.
Where is Creditcoin based?
Creditcoin is headquartered in Tallinn, Estonia, in the Europe region.
How does Creditcoin make money?
Three revenue lines are on record. Blockchain Transaction Fees are the primary driver. The others are ecosystem Services and swap Services.
Who are Creditcoin's main competitors?
Direct peers on record are Astar Network, Wormhole, Moonbeam, Axelar and LayerZero. Broad incumbents are Polygon, Polkadot, Chainlink (CCIP) and Cosmos (IBC). Gluwa is listed as an others.
Does Creditcoin have an API?
Yes. Creditcoin provides developer documentation and API access through its docs.creditcoin.org portal. The network offers RPC endpoints for node connectivity (wss://mainnet3.creditcoin.network), supports pallet-balances, pallet-staking, and pallet-nomination-pools for runtime interactions. Developers can interact via Creditcoin CLI tool, Docker image (gluwa/creditcoin3), and blockchain storage calls. The staking API includes extrinsics for payoutStakers, payoutStakersByPage, setCommissionClaimPermission, and storage calls for erasStakersPaged and claimedRewards. Developer documentation is at docs.creditcoin.org.
What industry is Creditcoin in?
Creditcoin's product category is Layer 1 Blockchain Protocol. Its primary akta.pro industry code is FSAPAEAI, Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers), with a secondary code of FSAGAMAK, Tokenized Collateral & On-Chain Credit Infrastructure (Collateral Mgmt, Liquidations). Its NAICS code is 5223 and its SIC code is 6199.