About CreditEnable
CreditEnable is a Financial Services company based in London (United Kingdom) founded in 2017 by Varun Sahni. It operates as a business loans are connected via an online marketplace for SMEs. CreditEnable has raised $5.05 million across 6 funding rounds from investors including Accel, Venture Catalysts and JPIN. CreditEnable was last valued at $23.38 million in March 2019. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is OKTOBER6 LTD. Its competitors include Funding Circle, Upstart, Funding Societies, KoinWorks and Nav and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
CreditEnable was founded in 2017 in London, United Kingdom, as a digital credit marketplace in the fintech sector. SMEs are linked with lenders through its platform, which supports operations including working capital loans, cash credit, and machinery financing. Additional tools are provided for borrower credit profiling, as well as portfolio and non-performing asset management solutions.
- Headquarters London, United Kingdom
- Founders Varun Sahni
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website creditenable.com
- Social LinkedIn X Facebook
- Legal Name Oktober6 Ltd
- Date of Incorporation 06 Oct, 2015
- Jurisdiction CROYDON, ENGLAND
- Total Equity Funding$5.05M (USD)
in 6 rounds
- Latest Funding Round$2.41M (USD), Seed
Jan 2021
- InvestorsAccel
& 6 more
Funding Insights of CreditEnable
CreditEnable has successfully raised a total of $5.05M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.41 million completed in January 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 $5.05M
- Total Rounds 6
- Last Round Seed — $2.41M
- First Round $32,900
(Sep 2018)
- Investors Count 7
All 6 funding rounds of CreditEnable with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2021 | $2.41M | Seed | – | Venture Catalysts | |
| Apr 2020 | – | Angel Round | – | – | |
| Mar 2020 | $2M | Seed | – | Accel | |
| Jun 2019 | – | Seed | – | Floreat | – |
| Mar 2019 | $603,567 | Seed | $23.38M | – | – |
| Sep 2018 | $32,900 | Seed | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $23.38M | •••••••• |
Last known valuation $23.38M (Mar 2019). 7 investors in total: 5 institutional and 2 angel.
Investors in CreditEnable
CreditEnable has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Venture Catalysts and JPIN.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startup ecosystem is supported by Venture Catalysts in India. | 2015 | venturecatalysts.in | Mumbai, India | |
Multi sector focused full-service investment banking firm also offering VC investments | 2019 | jpin.co | London, United Kingdom | |
Investments in women-led companies are made by Homage Ventures. | – | homageadvisors.tcc.mode | Delhi, India | |
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Private equity investments are managed by Floreat alongside investment services. | – | floreat.com | London, United Kingdom | |
AG Aditya Ghosh | Former President of IndiGo, angel investor, co-founder of Akasa Air | – | unknown_c2606e1cd9f0496aa | - |
CC Cristobal Conde | - | – | unknown_abdcf8c9202e423db | - |
Investor details for CreditEnable
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of CreditEnable
32 people are tracked at CreditEnable (8 in leadership, 20 in board & advisors, 4 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
John Friedman | – | Leadership |
Dynshaw Italia | CFO | Leadership |
Manish Singh | CTO | Leadership |
Kami Suvanprakorn | Chief of Staff | Leadership |
Vibhor Jain | CBO & CFO, India | Leadership |
Nadia Sood | CEO & Co-Founder | Leadership |
Rolf Hickmann | Head of Data Insights & Predictive Analytics | Leadership |
Ishaat Hussain | Board Member | Board & advisors |
Cris Conde | Board Member | Board & advisors |
Saurav Mitra | Board Member | Board & advisors |
Shailendra Patel | Board Member | Board & advisors |
Peter Rigby | Board Member | Board & advisors |
Richard Nunneley | Board Member | Board & advisors |
Claire Diaz-Ortiz | Board Member | Board & advisors |
Chris Justice | Director | Board & advisors |
Clarine Stenfert | Board Member | Board & advisors |
Sharat Dhall | Board Member | Board & advisors |
Neil Doyle | Board Member | Board & advisors |
Derek Rego | Board Member | Board & advisors |
12 more people are available in the full profile.
Complete people profiles for CreditEnable
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of CreditEnable
4 dated milestones of CreditEnable across 4 years, from founding to its latest funding, stage changes and deals.
- Founded CreditEnable is founded.
- Funding First funding round of $33K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.4M.
Competitors of CreditEnable
CreditEnable has 8 listed competitors in our database, 8 of them funded. They include Funding Circle, Upstart, Funding Societies, KoinWorks and Nav, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundingcircle.com | 2010 | London, United Kingdom | $372.67M | – | A peer-to-peer marketplace for business loans is operated and developed. | |
| upstart.com | 2012 | Palo Alto, United States | $128.65M | 1,497 | Diversified loans are provided via an AI-enabled online marketplace. | |
| fundingsocieties.com | 2015 | Singapore | $241.5M | – | Business loans are provided via a P2P marketplace platform. | |
| koinworks.com | 2015 | Jakarta, Indonesia | $93.14M | – | Developer of a P2P lending platform | |
| nav.com | 2012 | San Mateo, United States | $90.3M | 120 | Business credit monitoring and financing are provided to small owners. | |
| modalku.co.id | 2016 | Jakarta, Indonesia | $66.2M | – | Business loans are facilitated via a peer-to-peer marketplace platform. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| advancegroup.com | 2016 | Singapore | $480M | – | Provides loans, risk management solutions and merchant service platform |
Detailed competitors of CreditEnable
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of CreditEnable
Websites that share an audience with CreditEnable (creditenable.com).
Websites whose visitors overlap most with CreditEnable. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indiashelter.in | 100% | 27.9K | #1,045,545 | View details | |
precisa.in | precisa.in | 79% | – | #3,121,328 | – |
| abhiloans.com | 70% | 51.3K | #757,023 | View details | |
| liquiloans.com | 60% | 36.6K | #1,013,496 | View details | |
| docuclipper.com | 60% | – | #270,836 | View details |
Top companies in Alternative Lending
10 companies that operate in the same segment as CreditEnable (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Related news about Creditenable
Complete news archive for CreditEnable
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Frequently Asked Questions about CreditEnable
CreditEnable was founded in 2017 and raised its 1st funding round 1 year after it was founded.
CreditEnable is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
CreditEnable is a funded company, having raised a total of $5.05M across 6 funding rounds to date. The company's 1st funding round was a Seed of $32.9K, raised on Sep 2018.
CreditEnable was founded in 2017 in London, United Kingdom, as a digital credit marketplace in the fintech sector. SMEs are linked with lenders through its platform, which supports operations including working capital loans, cash credit, and machinery financing. Additional tools are provided for borrower credit profiling, as well as portfolio and non-performing asset management solutions.
CreditEnable's top competitors include Funding Circle, Upstart and Funding Societies.
CreditEnable has 7 investors. Key investors include Accel, Venture Catalysts, JPIN, Homage Ventures, and Aditya Ghosh.
The valuation of CreditEnable is $23.38M as of Mar 2019.
CreditEnable operates through Oktober6 Ltd.