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Crediometer
Techstars '23Detroit, US · 21 employees on LinkedIn · 1 known investors
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Crediometer provides payment tools for business owners, letting merchants open a business account using only a phone number and business name and accept transaction payments. It offers a merchant card reader for receiving in-person payments.
Also known as Credio · Crediometer Inc · CREDIOMETER LIMITED
Founders & leadership
Investors · 1
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us
Company profile
researched Sep 2026Crediometer is a fintech company offering payment and banking tools for business owners. Through its Credio mobile application, a merchant can open a business account using only a business name and phone number, then send and receive money and monitor business transactions.
The product also includes an automated credit score generator that gives account holders access to credit. The company positions the service as banking built for business owners, describing the onboarding and core actions as completable in three clicks. It also provides a secure payment solution aimed at growing businesses of varying sizes.
Business model
Crediometer operates a digital business banking and payments application for merchants, onboarding businesses through a self-service mobile flow and providing account, payments and credit-scoring functionality.
Traction
The Credio Android app lists more than 10,000 downloads on Google Play as of its October 2025 update.
▸Full profile — technology, go-to-market, geography, history
Technology
A mobile banking application for Android (Credio) supporting business account opening, money transfer, transaction monitoring, and an automated credit score generator. The app declares that it collects location, personal information and device identifiers, encrypts data in transit, shares no data with third parties, and supports user data deletion requests.
Go-to-market
Distribution is direct-to-merchant through a consumer-style mobile app published on Google Play, with self-service account opening requiring only a business name and phone number.
Small and growing business owners and merchants, served in Nigeria and the United States.
Geography
Crediometer Inc is based in Detroit, Michigan, while the developer entity CREDIOMETER LIMITED is registered in Akure, Ondo State, Nigeria, with Nigerian contact phone numbers listed for support.
History
The company operates under the corporate entity CREDIOMETER LIMITED, registered at 52 Adejuyigbe Building, Ondo Road, Akure, Ondo State, Nigeria, and as Crediometer Inc in Detroit, Michigan. In 2023 it was selected as one of 12 companies for the spring class of Techstars Detroit Powered by J.P. Morgan, a 13-week accelerator program. Its Credio Android application remains in active distribution, with an update published on 30 October 2025.
Compiled by commissioned research from 4 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsCredio, the company's Android banking app for business owners, was last updated on 30 October 2025 and lists more than 10,000 downloads on Google Play.
Crediometer Inc (Detroit, MI) was named one of 12 companies in the spring 2023 class of Techstars Detroit Powered by J.P. Morgan, a 13-week accelerator providing investment, mentorship and community partnerships.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 4
primary sources listed
- Credio - Apps on Google Playplay.google.com · web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Crediometer do?
- Fintech offering business accounts, payments and automated credit scoring for merchants via its Credio mobile app.
- Who founded Crediometer?
- Crediometer was founded by Adewumi George.
- Who are Crediometer's investors?
- Crediometer's investors include Techstars.
- Where is Crediometer headquartered?
- Crediometer is headquartered in Detroit, US.