Last updated 2026-06-18
Total raised
—
Stage
Pre-Funding
Founded
2020
Headcount
2
HQ
Israel
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.
Q&A
- What is Boomerang Credit's primary business?
- Boomerang Credit specializes in overdraft financing for SMEs and individuals, utilizing an AI-based solution and open banking.
- When was Boomerang Credit founded?
- Boomerang Credit was founded in March 2020.
- What is the current status of Boomerang Credit?
- Boomerang Credit is currently inactive, having ceased operations in August 2021.
- How many employees does Boomerang Credit have?
- Boomerang Credit has 1-10 employees.
- Who are the co-founders of Boomerang Credit?
- The co-founders of Boomerang Credit are Ilan Kon-Weiner, who serves as Co-founder & CEO, and Gavin Werth, who is the Co-founder & CFO.
- In which sector does Boomerang Credit primarily operate?
- Boomerang Credit operates primarily in the Fintech & Insurtech sector.
- What technologies does Boomerang Credit utilize?
- Boomerang Credit utilizes Artificial Intelligence, Platforms & Interfaces, and Web technologies.
- What are Boomerang Credit's target customer segments?
- Boomerang Credit targets Consumers, Enterprise & Professional Services, and SMBs & SMEs.
Team · 2
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/68480854 |
Identifiers & details
| Founded | 2020-3 |
|---|---|
| Employees (exact) | 2 |
| Offices | London |
| Status reason | Non Active, Aug 2021 ceased to operate |