Total raised
—
Stage
Pre-Funding
Founded
2020
Headcount
2
HQ
—
Sector
Fintech & Insurtech
About
Boomerang Credit specializes in overdraft financing for SMEs and individuals. The companys AI-based solution uses open banking to serve as the customers overdraft lender or provides a virtual overdraft if they have access to one through their own bank.
Company Intelligence Q&A
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- What is the primary business focus of Boomerang Credit?
- Boomerang Credit specializes in overdraft financing for SMEs and individuals, utilizing an AI-based solution and open banking to provide lending services.
- When was Boomerang Credit founded?
- Boomerang Credit was founded in March 2020.
- What is the current operational status of Boomerang Credit?
- Boomerang Credit is currently inactive, having ceased operations in August 2021.
- Where is Boomerang Credit headquartered?
- Boomerang Credit's headquarters are located in Israel.
- Does Boomerang Credit have any international offices?
- Yes, Boomerang Credit has an office in London, United Kingdom.
- What is the employee count for Boomerang Credit?
- Boomerang Credit has 2 employees.
- Who are the founders of Boomerang Credit?
- The founders of Boomerang Credit are Ilan Kon-Weiner and Gavin Werth.
- What technologies does Boomerang Credit utilize in its solutions?
- Boomerang Credit utilizes Artificial Intelligence, Platforms & Interfaces, and Web technologies.
- What is the total amount of funding raised by Boomerang Credit?
- Boomerang Credit has not raised any funding, with a total raised amount of $0 USD.
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechLending & Financing
Technologies
Artificial IntelligencePlatforms & InterfacesWeb
Target customers
ConsumersEnterprise & Professional ServicesSMBs & SMEs
Business model
B2BB2C
Tags
fintechlending-and-financingsmbconsumersartificial-intelligencemicrofinanceopen-banking