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iCare Benefits Group

company

About

iCare Benefits empowers low income employees to increase their purchasing power with access to Buy-Now-Pay-Later and leasing services.

  • 101 - 250

Highlights

Total Funding Amount
$6M
Funding Rounds
2
Investors
1

Details

Last Funding Type
Seed
Last Funding Money Raised
$3M
Industries
E-Commerce,FinTech,Leasing,Retail,Retail Technology
Founded date
Jan 1, 2013
Number Of Employee
101 - 250
Operating Status
Active

iCare Benefits is a comprehensive buy-now-pay-later social enterprise focused on women factory workers in developing countries. The program enables manufacturers, distributors, banks and service providers to serve workers at the bottom of economic pyramid making only $100-500 of monthly income monthly through iCare's comprehensive BNPL solution. In turn, workers get the lowest total cost-of-access to basic life-changing products and services.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$6M
iCare Benefits Group has raised a total of $6M in funding over 2 rounds. Their latest funding was raised on Dec 12, 2017 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 12, 2017 Series A $3M 1 — — Detail
Jun 1, 2016 Seed $3M 1 Emerging Markets Investment Advisers — Detail

Investors

Number of Lead Investors
Number of Investors
1
1
iCare Benefits Group is funded by 1 investors. Emerging Markets Investment Advisers are the most recent investors.
Investor Name Lead Investor Funding Round
Emerging Markets Investment Advisers — Series A
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