About ProCredit
ProCredit is a company based in Makati (Philippines) founded in 2023 by Dwaipayan Mitra and Adnan Agha. ProCredit has raised $4.1 million across 1 funding round from investors including Integra Partners, Menardo Jimenez Family Office and M-Venture Partners. ProCredit operates in a competitive market with competitors including Salmon, Mynt, CreditEnable, Esquire Financing and Easycreditx, among others.
- Headquarter Makati, Philippines
- Founders Dwaipayan Mitra, Adnan Agha
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.1 M (USD)
in 1 rounds
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Latest Funding Round
$4.1 M (USD), Seed
Feb 26, 2024
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Investors
Integra Partners
& 4 more
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Employee Count
Not available
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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.
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 |
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Venture capital firm focused on financial services and digital healthcare
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Early-stage investments are made in innovative startup ventures by MVP.
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Investor details for ProCredit
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Investments & Acquisitions by ProCredit
Investment portfolio details for ProCredit
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Financial Statements - ProCredit
Detailed financials for ProCredit
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Procredit Comparisons
Peer comparison for ProCredit
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Competitors of ProCredit
ProCredit 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 Salmon, Mynt, CreditEnable, Esquire Financing and Easycreditx, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Business and consumer loans are provided via an online platform.
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Mynt is recognized as a provider of financial technology solutions.
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Business loans are connected via an online marketplace for SMEs.
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SME loans are provided to businesses in the Philippines.
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Provides online loan solutions for various financial needs.
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Detailed competitors of ProCredit
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Latest news on Procredit
Complete news archive for ProCredit
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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.
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 CreditEnable.
ProCredit has 5 investors. Key investors include Integra Partners, Menardo Jimenez Family Office, M-Venture Partners, Cento Ventures, and Gobi Partners.