Credable - About the company
Credable is a seed company based in Dubai (United Arab Emirates), founded in 2021 by Jad Abbas. It operates as a Provider of digital banking platform embedding financial services in emerging markets. Credable has raised $2.5M in funding from Ventures Platform and The Continent Venture Partners. The company has 656 active competitors, including 154 funded and 61 that have exited. Its top competitors include companies like TrueLayer, Moniepoint and M2P Fintech.
Company Details
Provider of digital banking platform embedding financial services in emerging markets. The platform partners with financial institutions and businesses to launch financial services. These services include credit, savings, and payments products using B2B2C digital infrastructure. The platform provides end-to-end solutions, allowing businesses to focus on their core operations.
- Website
- credable.io
- Email ID
- *****@credable.io
Key Metrics
Founded Year
2021
Location
Dubai, United Arab Emirates
Stage
Seed
Total Funding
$2.5M in 2 rounds
Latest Funding Round
Investors
Ranked
68th among 656 active competitors
Employee Count
51 as on May 31, 2026
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Credable's funding and investors
Credable has raised a total funding of $2.5M over 2 rounds. Its first funding round was on 2021. Its latest funding round was a Seed round on Mar 20, 2023 for $*****. 6 investors participated in its latest round. Credable has 7 institutional investors.
Here is the list of recent funding rounds of Credable:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 20, 2023 | 3769109 | Seed | 3753383 | 9149394 | 7238042 | 5187989 |
2021 | 9785 | Seed | 1118 | 9040 | 3125 |
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Credable's founders and board of directors
Founder? Claim ProfileHere are the details of Credable's key team members:
- Jad Abbas: Co-Founder And Cfo of Credable.
- Nadeem Juma: Founder& Chairman of Credable and founder of 4 other companies, including AIM Group, DIA and E-fulusi. Contact Info: 1 email address
- Zaeem Khan: CEO of Credable.
View details of Credable's Founder profiles and Board Members
Credable's employee count trend
Credable has 51 employees as of May 26. Here is Credable's employee count trend over the years:
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Credable's Competitors and alternates
Top competitors of Credable include TrueLayer, Moniepoint and M2P Fintech. Here is the list of Top 10 competitors of Credable, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TrueLayer 2016, London (United Kingdom), Series E | Provider of open banking infrastructure for digital payments and verification | $349M | 78/100 | |
2nd |  Moniepoint 2019, London (United Kingdom), Series C | Provider of integrated financial services for business and individual users | $266M | 76/100 | |
3rd | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
4th |  Cross River Bank 2008, Fort Lee (United States), Series D | Platform offering API-driven financial infrastructure | $898M | 74/100 | |
5th | Galileo 2000, Sandy (United States), Acquired | Provider of cloud-based platform for financial technology and digital banking | $85M | 72/100 | |
6th | Platform offering open banking API | $158M | 71/100 | ||
7th |  Trustly 2008, San Carlos (United States), Acquired | Open banking-enabled payment processing solution for businesses | $28.7M | 71/100 | |
8th | Yapily 2017, London (United Kingdom), Series B | Provider of open banking platform facilitating payments and financial data access | $70.8M | 71/100 | |
9th |  Modulr 2016, London (United Kingdom), Series C | Provider of automated payment processing and financial infrastructure software tools | $200M | 69/100 | |
10th | Developer of open banking API solutions | $74.3M | 69/100 | ||
68th |  Credable 2021, Dubai (United Arab Emirates), Seed | Provider of digital banking platform embedding financial services in emerging markets | $2.5M | 51/100 |
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Credable's Investments and acquisitions
Credable has made no investments or acquisitions yet.
Reports related to Credable
Here is the latest report on Credable's sector:
News related to Credable
Media has covered Credable for 1 event in last 1 year, It was about partnerships.
•
Citi and CredAble Partner to Digitize Trade Finance GloballyPYMNTS.com•Jan 06, 2026•Citi, Credible Meds, Credable
•
CredAble and PowerCred Join Forces to Revolutionize Working Capital Tech for Indonesian BanksEIN Presswire•Dec 05, 2024•CredAble, PowerCred, Credable
•
Finastra partners with CredAble to deliver a holistic supply chain finance offering to banks globallyPR Newswire•Jul 23, 2024•Finastra, Credable, https://credable.com, CredAble and 1 other
•
CredAble Secures INR 30 Cr. from SIDBI to Facilitate Financing for India’s MSMEs and Women-Led BusinessesBusinessnewsthisweek•Jun 12, 2024•Credable, SIDBI, CredAble
•
CredAble supports World Trade Board plan to empower SMEs through trade and financeBusinessnewsthisweek•Mar 28, 2023•Credable
•
Fintech Firm Credable Secures Funding to Enhance Virtual Banking ServicesCrowdfund Insider•Mar 21, 2023•Credable, CredAble, The Continent Venture Partners, Ventures Platform and 5 others
•
Dubai-based Credable raises $2.5m seed funding to provide embedded finance solutions for emerging marketsTechpoint.Africa•Mar 20, 2023•Credable, Magic Fund, Acasia Ventures, Asia Africa Investment and Consulting and 7 others
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