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Credfix raises Rs 16.1 crore in seed funding led by Tanglin Venture Partners to expand AI-powered borrower support platform.
Credfix, an AI financial platform, has raised Rs 16.1 crore in seed funding led by Tanglin Venture Partners with participation from Stargazer. The fresh capital will accelerate product innovation, strengthen AI capabilities, and expand the company's nationwide borrower support ecosystem. Credfix currently serves more than 2 lakh borrowers, representing over Rs 4,000 crore in aggregate outstanding debt. The funding will help the company scale its technology to support millions of borrowers in navigating debt with greater transparency.
Company Information
Company
Credfix
Location
Bengaluru, Karnataka, India
About
Credfix is an AI financial platform that helps borrowers navigate debt and financial distress through personalized guidance and support. The platform simplifies complex financial experiences by unifying fragmented interactions across lenders, recovery agencies, and legal processes. Currently serving over 2 lakh borrowers representing Rs 4,000 crore in aggregate outstanding debt, Credfix uses artificial intelligence to empower individuals with clarity and actionable solutions for debt management.
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BengaluruFinancial ServicesSoftwareArtificial IntelligenceFintechLending