erad
Financials
Estimates*
USD | 2023 |
---|---|
Revenues | 1.1m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
* | $2.4m | Seed | |
Total Funding | €2.2m |
Recent News about erad
EditErad.co is a financial technology startup that provides working capital for online businesses. The company operates in the fintech market, serving e-commerce businesses that need quick and efficient access to funding. The business model of Erad.co is centered around a data-driven approach, where it assesses the financial health and potential of a business by analyzing its data. This allows Erad.co to provide financing in as fast as 48 hours.
The company's primary revenue stream comes from the interest and fees it charges on the capital it provides to businesses. It also offers top-ups, a feature that allows businesses to access additional funding when needed. This long-term partnership model ensures that businesses have the necessary financial support to grow and expand.
Erad.co integrates seamlessly with popular platforms like Shopify and Quickbooks, making it an efficient choice for online businesses. The company also provides key insights that are crucial for a business's growth. Moreover, Erad.co's financing adheres to the principles and values of Sharia law, making it a suitable option for businesses seeking Sharia-compliant financing.
In summary, Erad.co is a fintech startup that provides quick, efficient, and Sharia-compliant financing for online businesses, helping them to grow and succeed.
Keywords: Fintech, Working Capital, Online Businesses, Data-Driven, Quick Financing, Long-Term Partnership, Shopify Integration, Quickbooks Integration, Sharia-Compliant Financing, Business Growth.