CDcare
Buy now, pay later marketplace for gadgets and home appliances at zero interest
What it does
CDcare was founded in 2020 by Akinola Oki and Adebayo Onigbanjo to allow African consumers to buy appliances and electronics through zero-interest installment savings. The app combines target micro-contributions with automated purchase fulfillment, delivering items once half the cost is saved. It is recognized for offering interest-free layaway e-commerce purchasing.
BNPL (Buy Now Pay Later)Digital savings platforms
Known for
- Zero-interest installment asset purchasing
- Layaway e-commerce marketplace platform
- Automated periodic savings for electronics
- Consumer hardware purchase financing
Model & industry
Embedded FinanceRetail & E-commerce
Funding history
$120K
Total raised
1
Rounds
Accelerator
Latest stage
2023
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2023-01 | Accelerator | $120K | ARM Lagos Techstars |
Source: Condia Funding Tracker
Products & subsidiaries
CDcare BNPL App · Consumer Finance Platform