Today, over 50 million SMBs issue informal credit in India, This is a hugely manual process which they spend hours tracking, reconciling, and collecting! The 50M SMBs in India account for 40% of the nation’s GDP. As much as 60% of their sales happen on credit. That’s ~24% of the country’s GDP (500B$) lying on paper! OKCREDIT as a company came into existence to start solving the most important problem of credit recovery in MSMEs. We as first movers developed a bookkeeping app that would help any merchant sitting at the remotest corner of the country with internet connectivity to record his transactions digitally. We helped them track the credit given to their customers and suppliers. With our Okcredit app a merchant can track the amount of credit given, monitor credit limit, send reminders and eventually can collect faster from their customers. So as a company our vision was to bring the data dark merchants onto the digital platform. We have changed the way the MSMEs record the transactions and eased their life today.
OkCredit is a digital ledger app designed to help small business owners manage their credit and payment transactions effortlessly. With OkCredit, you can keep track of receivables and payables, making collections simpler and faster.
OkCredit is completely free to use. There are no monthly fees, making it an economical choice for all business owners.
Our team consists of highly skilled professionals ready to tackle some of the greatest challenges in technology. We are committed to making a real-world impact and continuously learning along the way.
Join our team and be part of a dynamic environment where innovation meets real-world application.
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