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Creditspring

Membership loan service

21-100 employees
  • Fintech
  • B2C
  • Personal finance
  • Financial Services
75 Davies St, London W1K 5JN

Company mission

To change the way people deal with unexpected expenses.

Insights

Top investors

Some candidates hear
back within 2 weeks

48% female employees

29% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Unexpected expenses are inevitable. However, there are limited and unfavourable options when it comes to managing these expenses: overdrafts are confusing, credit cards are risky, and payday loans are expensive. Creditspring aims to solve this problem by creating financial services that can help people manage their unexpected expenses.

Creditspring differentiates itself by not charging interest on its loans: clients only pay a fixed membership fee in addition to what they borrow. What's more, Creditspring sets out to improve the financial stability of its clients through offering budgeting tips, ways to improve their credit score and a personalised score that is updated every month- allowing them to monitor their improvement.

Benefits

  • 🛋 Hybrid & flexible working - we also give you the option to work from anywhere
  • 🧑‍🏫 £1000 annual training budget
  • 💰 Equity participation
  • 🧘🏽‍♀️£600 annual Juno flexible wellbeing budget
  • 💻 Company Apple Macbook & WFH accessories
  • 🍱 New starter team lunches
  • 🕺Regular social & team events

Company values

  • Work Together
  • Do the Right Thing
  • Love What You Do
  • Don't Settle
  • Take Smart Risks

Funding (last 2 of 6 rounds)

Jul 2022

$10.1m

SEED

May 2022

$59.9m

GROWTH EQUITY VC

$80.8m

Total funding

This company has top investors

Founders

Studied Economics at Princeton University. Previously Executive Director at Goldman Sachs for 12 years.

Sabrina Loi

(Chief Design Officer)

They were a Deputy Creative Director at Soleja for 12 years. Their experience lies in the design industry as a professor and a consultant.

People progressing

Joined as a Junior Product Designer before being promoted to Product Experience Strategist in February 2023

Joined as a Marketing Executive in 2020 and after another prior promotion within the company, she is now our Business Development Manager in 2023

Diversity & Inclusion at Creditspring

Puja Rohra (Senior Growth Manager)

  • Don’t meet all the listed requirements? Research shows that women and people of underrepresented groups often don't apply for jobs unless they're 100% qualified. As an equal opportunities employer, we know that diversity is a key part of our teams' successes - so if your experience doesn’t fit perfectly but this role excites you, we’d love for you to apply. We’re committed to Creditspring being an inclusive environment where employees feel welcomed, valued and listened to; we want you to thrive as your true self.
  • As an equal opportunity employer and advocates of Diversity, Inclusion and Equity, Creditspring proudly welcomes job applications from people of all races, ethnicities, disability statuses, ages, religions, gender identities or expressions, and sexual orientations.
  • We are 80 Springmates, 23 unique nationalities and speaking a combined 38 languages

Endorsements

All

Opportunities to learn (3)

People of all backgrounds are welcomed (2)

Meaningful work (1)

Flexible working (1)

Fair compensation (1)

Data-driven decisions (1)

I find my work at Creditspring to be meaningful because they are helping consumers to improve their financial stability by providing loans without charging any interest on them so consumers can access emergency funds without having to stress about paying hefty fees.

Operations & Strategy

Meaningful work

Apr 2022

People of all backgrounds are welcomed at Creditspring. Everyone I have encountered with here have offered equal help to those who need assistance in completing tasks. We are a team of 10+ different countries and everyone is treated equally regardless of their background.

Operations & Strategy

People of all backgrounds are welcomed

Apr 2022

Since I joined Creditspring, I learned a lot about underwriting and lending industry. Everyone is willing to help and answer questions, no questions are silly questions. Creditspring encourage everyone to learn new things whether it be using the annual learning budget for work related courses, attending pottery class for social events or using ClassPass membership to try something new. I have also been given assignments that are spurring my learning which will enhance my personal and career growth.

Operations & Strategy

Opportunities to learn

Apr 2022

This is one of the most diverse companies I've ever joined. There are people from various ethnic backgrounds and gender diversity is also good. I can see my colleagues feel comfortable and not restricted from being a person that would identify as being a minority.

People, HR, Recruitment

People of all backgrounds are welcomed

Apr 2022

Creditspring encourages everyone to learn and do better. I really appreciate that it's ok to make mistakes as long as we learn from them. Also, we are allotted time to self-study.

People, HR, Recruitment

Opportunities to learn

Apr 2022

We have relatively flexible working where we can choose when we go to the office and if we want we can book hotdesks with our colleagues in a more convenient location and this allows collaboration. Also! The best part is it is a dog-friendly office!

People, HR, Recruitment

Flexible working

Apr 2022

I feel that my salary is fair reflection of my work and responsibilities in my current role. Also, there are good benefits which add up to that.

Data

Fair compensation

Apr 2022

Since I joined Creditspring as a Junior Data Analyst, I feel that on a daily basis I have the opportunity to learn something new from my peers and that they really value my opinion. The company also has great work-life balance and a friendly work environment.

Data

Opportunities to learn

Apr 2022

As a part of the data team at Creditspring, I know how valuable the data is for the decision-making across all areas of the company. I routinely observe the impact that data has on our strategic thinking, always helping us take smart risks.

Data

Data-driven decisions

Apr 2022

Job (1)

All locations

Operations & Strategy

Creditspring 1Creditspring 2