About ProCredit
ProCredit is a Financial Services company based in Makati (Philippines) founded in 2023 by Dwaipayan Mitra and Adnan Agha. Financing solutions are provided for small and medium-sized enterprises. ProCredit has raised $4.1 million across 1 funding round from investors including Integra Partners, Menardo Jimenez Family Office and M-Venture Partners. Its focus areas include Consumer and SME Loans, SME Loans, Diversified and FinTech. Its competitors include Salmon, Mynt and Esquire Financing; 2 of its 3 listed competitors have raised funding.
Company details
ProCredit was founded in 2023 in Makati, Philippines, within the financial services sector. Financing options are extended to small and medium-sized enterprises using a credit-focused method that involves senior decision-maker participation. Detailed records are collected after an initial agreement, and approvals are finalized once essential commercial conditions are set. Applications are processed through direct meetings and paper-based submissions.
- Headquarters Makati, Philippines
- Founders Dwaipayan Mitra, Adnan Agha
- SectorsFinancial Services
- Website procredit.ph
- Social LinkedIn
- Total Equity Funding$4.1M (USD)
in 1 rounds
- Latest Funding Round$4.1M (USD), Seed
Feb 2024
- InvestorsIntegra Partners
& 4 more
Funding Insights of ProCredit
ProCredit has successfully raised a total of $4.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $4.1 million completed in February 2024. 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 $4.1M
- Total Rounds 1
- Last Round Seed — $4.1M
- First Round $4.1M
(Feb 2024)
- Investors Count 5
All 1 funding rounds of ProCredit 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 |
|---|---|---|---|---|---|
| Feb 2024 | $4.1M | Seed | – | Integra Partners |
5 investors in total: 5 institutional.
Investors in ProCredit
ProCredit has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Integra Partners, Menardo Jimenez Family Office and M-Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on financial services and digital healthcare | integrapartners.co | |||
Early-stage investments are made in innovative startup ventures by MVP. | m-venturepartners.com | Singapore, Singapore | ||
Early-stage centric tech & offline focused VC firm investing in Southeast Asia | cento.vc | Singapore, Singapore | ||
Venture capital firm investing in early-stage tech startups | gobi.vc | Kuala Lumpur, Malaysia |
Investor details for ProCredit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ProCredit
2 people are tracked at ProCredit (2 in leadership).
| Name | Role | Group |
|---|---|---|
Dwaipayan Mitra | Co-Founder | Leadership |
Adnan Agha | Co-Founder | Leadership |
Complete people profiles for ProCredit
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 ProCredit
2 dated milestones of ProCredit across 1 years, from founding to its latest funding, stage changes and deals.
- Founded ProCredit is founded.
- Funding First funding round of $4.1M.
Competitors of ProCredit
ProCredit has 3 listed competitors in our database, 2 of them funded. They include Salmon, Mynt and Esquire Financing.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| salmon.ph | 2022 | Taguig, Philippines | $83M | Business and consumer loans are provided via an online platform. | ||
| mynt.xyz | 2015 | Cabanatuan, Philippines | $475M | Mynt is recognized as a provider of financial technology solutions. | ||
| esquire.com.ph | 2011 | Taguig, Philippines | SME loans are provided to businesses in the Philippines. |
Detailed competitors of ProCredit
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ProCredit
The website of ProCredit (procredit.ph) receives about 2K visits a month.
- Monthly visits2K
▲ 74.7% vs previous month
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Frequently Asked Questions about ProCredit
ProCredit was founded in 2023 and raised its 1st funding round 1 year after it was founded.
ProCredit is headquartered in Makati, Philippines. It is registered at Makati, National Capital Region, Philippines.
ProCredit is a funded company, having raised a total of $4.1M across 1 funding round to date. The company's 1st funding round was a Seed of $4.1M, raised on Feb 2024.
ProCredit was founded in 2023 in Makati, Philippines, within the financial services sector. Financing options are extended to small and medium-sized enterprises using a credit-focused method that involves senior decision-maker participation. Detailed records are collected after an initial agreement, and approvals are finalized once essential commercial conditions are set. Applications are processed through direct meetings and paper-based submissions.
ProCredit's top competitors include Salmon, Mynt and Esquire Financing.
ProCredit has 5 investors. Key investors include Integra Partners, Menardo Jimenez Family Office, M-Venture Partners, Cento Ventures, and Gobi Partners.