CredibleX raised $55M in Seed funding led by Further Ventures to accelerate its growth and expand its offerings for SMEs.
Amount Raised
$55 Million
Round Type
Seed
Abu DhabiFinancial ServicesFinanceFintechInvestors
Description
CredibleX, based in Abu Dhabi, UAE, raised $55M in Seed funding to enhance its working capital finance platform for SMEs. The round included equity investment from Further Ventures and debt participation from multiple investors, with plans to accelerate growth and expand services.
Quick answer
CredibleX raised $55 Million in a Seed round, dated December 16, 2024. Investors: Kilgour Williams Capital, Berkley Square Finance and Further Ventures. CredibleX is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates.
- How much did CredibleX raise?
- CredibleX raised $55 Million in a Seed round on December 16, 2024.
- Who invested in CredibleX?
- Kilgour Williams Capital, Berkley Square Finance and Further Ventures are named as investors in this round.
- What does CredibleX do?
- CredibleX is a provider of a working capital finance platform for SMEs that empowers companies to offer lending solutions to their SME ecosystem.
- Where is CredibleX based and how big is it?
- CredibleX is based in Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates. Fundz records about 49 employees.
- Who are the decision-makers at CredibleX?
- Fundz holds 2 contacts at CredibleX, including the Co-Founder | Chief Product Officer. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Finance around the same time
Companies in the same sectors as CredibleX that raised within 45 days of this round, from Fundz verified event records.
- Prosper raised $5M (Seed) on January 30, 2025.
- Sokin raised $15M (Debt Financing) on January 30, 2025.
- Yavrio raised $2.4M (Seed) on January 29, 2025.
- SignalPlus raised $11M (Series B) on January 24, 2025.
- Open Payments raised $3.1M (Seed) on January 23, 2025.
- Method Financial raised $42M (Series B) on January 23, 2025.
Who to call at CredibleX, and when
A new round usually means CredibleX is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day CredibleX raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at CredibleX, from your own LinkedIn network
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Related People
CredibleX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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