Tech Company Financing Transactions
CredibleX Funding Round
CredibleX, operating out of Abu Dhabi, secured $55 million in investment from Further Ventures and private investors.
Transaction Overview
Company Name
Announced On
12/16/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$55,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its growth and expand its offerings.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1701, Tamouh Tower, Al Reem Island
Abu Dhabi, Undisclosed
United Arab Emirates
Abu Dhabi, Undisclosed
United Arab Emirates
Phone
Undisclosed
Website
Email Address
Overview
Using some of the most exciting innovations in fintech, we built CredibleX so any company with SMEs as their customers could provide them with access to lending solutions under their banner. We deeply believe that all SMEs should be able to easily access and choose from financial options that help them grow their businesses. With no visits to the bank, no long application times, no piles of paperwork and no headache.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anand Nagaraj
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