Tech Company Financing Transactions
Credable Funding Round
Credable secured a $2.5 million Seed venture capital round on 3/20/2023. Backers included Ventures Platform, AAIC Investment and ACASIA Ventures Capital Partners.
Transaction Overview
Company Name
Announced On
3/20/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Ventures Platform (Lead Investor) (Dotun Olowoporoku)
Proceeds Purpose
Credable, an upstart in this category that provides its clients with the technology stack, scoring capabilities and banking partners.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Plot 1403/1 Baines Sigh Avenue, 1st Floor, Address Building,
Dar es Salaam, Undisclosed
TZ
Dar es Salaam, Undisclosed
TZ
Phone
Undisclosed
Website
Email Address
Overview
Credable is the Digital Banking Platform that is driving the future of banking by embedding financial services in businesses across emerging markets. We partner with financial institutions and businesses to launch financial services including credit, savings, and payments products on our B2B2C digital infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nadeem Juma
Chief Financial Officer
Jad Abbas
Chief Technical Officer
Michael Tarimo
Browse more venture capital transactions:
Prev: 3/20/2023: Luma AI venture capital transaction
Next: 3/20/2023: Metasense venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on all VC transactions involving tech companies. VC investment data records on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs