About CreditBook
CreditBook is a company based in Karachi (Pakistan) founded in 2020 by Iman Jamall and Hasib Malik.. CreditBook has raised $12.5 million across 2 funding rounds from investors including Firstminute Capital, Better Tomorrow Ventures and Banana Capital. CreditBook offers products and services including White Label UI Components, Lending Operating System, and Low Code Solutions. CreditBook operates in a competitive market with competitors including Botkeeper, Onea, Konsolidator, Orbia and Balance Financial, among others.
- Headquarter Karachi, Pakistan
- Founders Iman Jamall, Hasib Malik
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Creditbook Financial Services Private Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.5 M (USD)
in 2 rounds
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Latest Funding Round
$11 M (USD), Seed
Dec 16, 2021
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Investors
Firstminute Capital
& 12 more
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Employee Count
Employee Count
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Products & Services of CreditBook
CreditBook offers a comprehensive portfolio of products and services, including White Label UI Components, Lending Operating System, and Low Code Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Customizable components for embedding financing in business platforms.
System for managing compliance and credit decisions in lending processes.
APIs and SDKs for flexible embedding of financial services in applications.
Unlock access to complete
Funding Insights of CreditBook
CreditBook has successfully raised a total of $12.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $11 million completed in December 2021. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $11.0M
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First Round
First Round
(04 May 2021)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Seed - CreditBook | Valuation | Firstminute Capital , Tiger Global Management | |
| May, 2021 | Amount | Seed - CreditBook | Valuation | VentureSouq , BitRate Venture Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CreditBook
CreditBook has secured backing from 13 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Firstminute Capital, Better Tomorrow Ventures and Banana Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Micro venture capital firm focused on seed investments
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Founded Year | Domain | Location | |
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Early-stage investments in fintech, vertical SaaS, and marketplaces are targeted.
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Founded Year | Domain | Location | |
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Early stage venture capital investments are provided by Banana Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CreditBook
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CreditBook
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Creditbook Comparisons
Competitors of CreditBook
CreditBook 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 Botkeeper, Onea, Konsolidator, Orbia and Balance Financial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based bookkeeping software is provided for businesses and accounting firms.
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| domain | founded_year | HQ Location |
Online bookkeeping is automated through invoice integration and processing.
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| domain | founded_year | HQ Location |
Cloud-based financial consolidation and reporting software is offered for businesses.
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| domain | founded_year | HQ Location |
Orbia is focused on advancing life through innovative solutions globally.
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| domain | founded_year | HQ Location |
Personal and business finance management platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about CreditBook
When was CreditBook founded?
CreditBook was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is CreditBook located?
CreditBook is headquartered in Karachi, Pakistan. It is registered at Karachi, Sindh, Pakistan.
Is CreditBook a funded company?
CreditBook is a funded company, having raised a total of $12.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on May 04, 2021.
What does CreditBook do?
CreditBook was founded in 2020 in Karachi, Pakistan, as a platform serving micro, small, and medium enterprises in the financial management sector. An Android app is utilized for bookkeeping tasks, including data management, cash flow oversight, payment tracking, expense recording, and report generation. Operations focus on simplifying financial processes for businesses in the region through digital tools.
Who are the top competitors of CreditBook?
What products or services does CreditBook offer?
CreditBook offers White Label UI Components, Lending Operating System, and Low Code Solutions.
Who are CreditBook's investors?
CreditBook has 13 investors. Key investors include Firstminute Capital, Better Tomorrow Ventures, Banana Capital, VentureSouq, and unknown.