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CredFlow raised $3.7 million in a funding round led by Inflexor Ventures to scale financial services and improve technology.

Nov 21, 2024about 1 year ago

Amount Raised

$3.7 Million

Round Type

seed

New DelhiFinanceFinancial ServicesSoftware

Investors

Prominent Singapore Based Family OfficeInflexor Ventures

Description

CredFlow has secured $3.7 million from Inflexor Ventures and a prominent Singapore-based family office. The funds will be used for expanding its embedded digital lending arm, CredFlow Finance, and acquiring an NBFC licence.

Company Information

Company

Credflow

Location

New Delhi, Delhi, India

About

Credflow enables SMEs to unlock working capital by helping them manage their finances better with timely insights through a dashboard of pending amounts by customers, sending regular payment reminders, validating invoices and negotiating discounts for early payment. Businesses are able to reduce their working capital cycles, foresee future cashflows and drive smarter business decisions enabling them to unlock 25-30% capital and use that to fuel growth.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers