CredibleX

Abu Dhabi, United Arab Emirates Founded: 2022 • Age: 4 yrs
Embedded financing solutions are provided for small and medium-sized enterprises.
Annual revenue - Latest available
Total funding $55.0M 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About CredibleX

CredibleX is a company based in Abu Dhabi (United Arab Emirates) founded in 2022 by Hassan Reda, Ahmad Malik, and Anand Nagaraj. CredibleX has raised $55 million across 4 funding rounds from investors including Pollen Street, Kilgour Williams Capital and Further Ventures. CredibleX offers products and services including Invoice Finance, POS Finance, B2B Channel Finance, and SME Insurance Finance. CredibleX operates in a competitive market with competitors including Perfios, Cloud Lending, Optasia, Bankish and Aqaix, among others.

  • Headquarter Abu Dhabi, United Arab Emirates
  • Founders Hassan Reda, Ahmad Malik, Anand Nagaraj
  • Sectors
    Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Credible X Limited
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
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  • EBITDA
    Not available
  • Total Equity Funding
    $55 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of CredibleX

CredibleX offers a comprehensive portfolio of products and services, including Invoice Finance, POS Finance, B2B Channel Finance, and SME Insurance Finance.

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Primary

Provides funding against invoices for SME working capital needs.

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Offers point-of-sale financing to support SME daily operations.

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Facilitates financing through B2B channels for SME suppliers.

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Combines insurance with finance for SME risk management.

Funding Insights of CredibleX

CredibleX has successfully raised a total of $55M across 4 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in CredibleX

CredibleX has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Pollen Street, Kilgour Williams Capital and Further Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Further Ventures is engaged in funding and supporting innovative startups.
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Private equity firm focused on multiple sectors
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Investor details for CredibleX

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by CredibleX

Investments
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Investment portfolio details for CredibleX

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - CredibleX

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Detailed financials for CredibleX

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  • Profit trends
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Crediblex Comparisons

CredibleX Primary company
Description
Embedded financing solutions are provided for small and medi...
Location
Abu Dhabi, United Arab Emirates
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CredibleX

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Competitors of CredibleX

CredibleX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Cloud Lending, Optasia, Bankish and Aqaix, among others.

Company Name Domain Founded year HQ Location Description
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Provides financial technology solutions for data analysis and verification globally.
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A cloud-based lending platform is provided for financial institutions.
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Provider of a fintech platform that uses AI to provide mobile network operators and financial institutions with solutions for airtime credit and mobile value-added services, aiming to promote digital finance and financial inclusion
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Lending and deposit systems are offered for loan providers.
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Water financing is enabled via cloud-based lending platform.
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Detailed competitors of CredibleX

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Latest news on Crediblex

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Complete news archive for CredibleX

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Frequently Asked Questions about CredibleX

CredibleX was founded in 2022 and raised its 1st funding round 2 years after it was founded.

CredibleX is headquartered in Abu Dhabi, United Arab Emirates. It is registered at Abu Dhabi, Abu Dhabi, United Arab Emirates.

Anand Nagaraj is the current CEO of CredibleX. They have also founded this company.

CredibleX is a funded company, having raised a total of $55M across 4 funding rounds to date.

CredibleX was established in 2022 in Abu Dhabi, United Arab Emirates. Embedded financing solutions are offered to small and medium-sized enterprises in the fintech sector. Instant access to lending options is facilitated for businesses and their customers through integrated platforms. Operations center on seamless financial integrations to support business growth in the region.

CredibleX's top competitors include Perfios, Cloud Lending and Optasia.

CredibleX offers Invoice Finance, POS Finance, B2B Channel Finance, and SME Insurance Finance.

CredibleX has 4 investors. Key investors include Pollen Street, Kilgour Williams Capital, Further Ventures, and Berkley Square Finance.

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