When was AdalFi founded?

AdalFi was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Where is AdalFi located?

AdalFi is headquartered in Lahore, Pakistan.

Who is the current CEO of AdalFi?

Salman Akhtar of AdalFi. They have also founded 1 company.

How many employees does AdalFi have?

As of Jul 31, 2026, the latest employee count at AdalFi is 72.

Is AdalFi a funded company?

AdalFi is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 16, 2023.

When was the latest funding round of AdalFi?

AdalFi's latest funding was a $***** Seed round on Feb 16, 2023, with participation from 4 investors.

Where does AdalFi rank among its competitors?

AdalFi ranks 1st amongst 3 active competitors, of which 3 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was AdalFi, which secured $7.5M in Feb, 2023.

AdalFi - 2026 Company Profile, Team, Funding & Competitors

AdalFi is a seed company based in Lahore (Pakistan), founded in 2021 by Salman Akhtar and Kewan Khawaja. It operates as a Provider of an AI-powered lending platform for consumers and SMEs. AdalFi has raised $7.5M in funding from Chimera and COTU Ventures. The company has 3 active competitors, including 3 that are funded. Its top competitors are CreditEnable and CreditFix.

Company Details

Provider of an AI-powered lending platform for consumers and SMEs. It is an online marketplace to find consumer and SME loans. Its features include proprietary data-based credit scoring, online application, and AI-based credit scoring tools.

Key Metrics

Founded Year

2021

Location

Lahore, Pakistan

Stage

Seed

Total Funding

$7.5M in 1 round

Latest Funding Round

Seed, Feb 16, 2023, $*****

Investors

Chimera & 4 more

Ranked

1^st among 3 active competitors

Employee Count

72 as on Jul 31, 2026

Investment & Acquisitions

Edufi

Similar Companies

BharatPe & 726 more

View AdalFi's full profile

AdalFi has raised a total funding of $7.5M over 1 round. Its latest funding round was a Seed round on Feb 16, 2023 for $*****. 4 investors participated in its latest round. AdalFi has 5 institutional investors.

Here is the list of recent funding rounds of AdalFi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 16, 2023	8417616	Seed	2170079	1591235	9400452	2614030

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View details of AdalFi's funding rounds and investors

The founders of AdalFi are Salman Akhtar and Kewan Khawaja. Salman Akhtar is the CEO of AdalFi.

Here are the details of AdalFi's key team members:

Salman Akhtar: Co-Founder & CEO of AdalFi.
Contact Info: 1 email address
Kewan Khawaja: Co-Founder of AdalFi.
Contact Info: 1 email address

View details of AdalFi's Founder profiles and Board Members

AdalFi's employee count trend

AdalFi has 72 employees as of Jul 26. Here is AdalFi's employee count trend over the years:

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Top competitors of AdalFi include CreditEnable and CreditFix. Here is the list of Top 10 competitors of AdalFi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AdalFi 2021, Lahore (Pakistan), Seed	Provider of an AI-powered lending platform for consumers and SMEs	$7.5M	Chimera, COTU Ventures & 3 others	60/100
2nd	CreditEnable 2017, London (United Kingdom), Seed	Online marketplace for business loans	$10.1M	Accel, Floreat & 65 others	38/100
3rd	CreditFix 2016, Islamabad (Pakistan), Seed	Online marketplace for consumer and business loans	-	Insitor Partners, DFS Lab & 1 others	33/100