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Published December 1, 2020

FreshCredit® Labs Forms Nonprofit Organization, Acquires Insurance Surety Bond to Focus on Public Issues and Global Crises



BELLEVUE, WA – FreshCredit® Labs is pleased to announce that we have filed the formation of the nonprofit organization, The FreshCredit® Organization Inc., and acquired an insurance surety bond. FreshCredit® Inc. is a leading developer of innovative credit solutions, with a mission to create a fair and inclusive credit system for all.

The formation of The FreshCredit® Organization Inc. and the acquisition of an insurance surety bond are important steps for FreshCredit® Labs as we work to develop a transparent, fair, and inclusive credit system. We are committed to keeping public issues and global crises at the forefront of our mission and using our resources to make a positive impact in the world.

“We are excited to have formed The FreshCredit® Organization Inc. and acquired an insurance surety bond, which will allow us to focus on public issues and global crises as we develop a transparent, fair, and inclusive credit system,” said Firas Kaddah, CEO of FreshCredit® Labs “This is an important step in our journey to bring our innovative credit solutions to a global audience, and we are committed to making a positive impact in the world.”

FreshCredit® Labs is currently conducting extensive research and development on our innovative credit solutions at our headquarters in Bellevue, WA. We are excited to bring these solutions to a global audience and are working towards launching on a multinational scale in the near future. Stay tuned for more updates.

About FreshCredit® Labs

FreshCredit® Labs is a leading developer of innovative credit solutions with a mission to create a fair and inclusive credit system for all. The FreshCredit® Labs team comprises experts in finance, technology, and design, working together to bring about positive change in the credit and lending world. The FreshCredit® Organization Inc. is a nonprofit organization dedicated to supporting public issues and addressing global crises through the development of innovative credit solutions.

Last updated January 1, 2023

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FreshCredit® is a financial technology company, not a bank. Banking services will be provided by a regulated member of the FDIC to be announced at a later date.

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