Carbon is a credit-led, Pan-African digital bank. The company's headquarters are in Lagos, Nigeria, with operations in Nigeria, Ghana, and Kenya. Carbon is a worldwide corporation with over 150 employees.
Founded in 2012 as One Credit to give loans to salary earners in Lagos, Carbon’s first rebrand was when it became Pay Later in March 2016 and introduced a raft of alternative services like bill payments, airtime purchases, and started issuing free credit reports to users.
Carbon is a long-standing customer of Mambu that began as a lending platform in Nigeria. Geared for future expansion from launch, Carbon selected Mambu's cloud-native banking platform for the ability to scale and flexibility to disburse instant loans in minutes, helping the lender build credibility in the market.