When was Credefi founded?

Credefi was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Credefi located?

Credefi is headquartered in Sofia, Bulgaria.

Who is the current CEO of Credefi?

Ivo Grigorov of Credefi. They have also founded 1 company.

How many employees does Credefi have?

As of Jun 30, 2026, the latest employee count at Credefi is 9.

Is Credefi a funded company?

Credefi is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** ICO round, raised on Nov 09, 2021.

When was the latest funding round of Credefi?

Credefi's latest funding was a $***** Seed round on Nov 09, 2021, with participation from 1 investor.

Where does Credefi rank among its competitors?

Credefi ranks 26th amongst 135 active competitors, of which 38 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Morpho, which secured $175M in Jun, 2026.

Who are the top competitors of Credefi?

Credefi's top competitors include Morpho, Ledn and Euler. Among them, Morpho secured the most recent funding round in June, 2026.

Credefi - 2026 Company Profile, Team, Funding & Competitors

Credefi is a seed company based in Sofia (Bulgaria), founded in 2020 by Ivo Grigorov and Valentin Dimitrov. It operates as a Decentralized P2P platform for crypto loans. Credefi has raised an undisclosed amount in funding from Varys Capital. The company has 135 active competitors, including 38 funded and 1 that has exited. Its top competitors include companies like Morpho, Ledn and Euler.

Company Details

Decentralized P2P platform for crypto loans. It provides solutions such as passive income generation for stable coins, lending & borrowing, trade financing, and more. It assigns loans on the basis of risk assessment and credit score data to the borrowers from investors.

Website: www.credefi.finance
Social
Email ID: *****@credefi.finance

Key Metrics

Founded Year

2020

Location

Sofia, Bulgaria

Stage

Seed

Latest Funding Round

Seed, Nov 09, 2021, $*****

Investors

Varys Capital & 4 more

Ranked

26^th among 135 active competitors

Employee Count

9 as on Jun 30, 2026

Similar Companies

Morpho & 202 more

View Credefi's full profile

Credefi has raised funding over 2 rounds. Its first funding round was on Nov 09, 2021. Its latest funding round was a Seed round on Nov 09, 2021 for $*****. 1 investor participated in its latest round. Credefi has 5 institutional investors.

Here is the list of recent funding rounds of Credefi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 09, 2021	4467878	Seed	8614275	9854656	2840155	1265211
Nov 09, 2021	3851973	ICO	1611961	4701001	4466993	8474831

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View details of Credefi's funding rounds and investors

The founders of Credefi are Ivo Grigorov and Valentin Dimitrov. Ivo Grigorov is the CEO of Credefi.

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

Ivo Grigorov: Co-Founder & CEO of Credefi.
Valentin Dimitrov: Co-Founder of Credefi.

View details of Credefi's Founder profiles and Board Members

Credefi's employee count trend

Credefi has 9 employees as of Jun 26. Here is Credefi's employee count trend over the years:

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Top competitors of Credefi include Morpho, Ledn and Euler. Here is the list of Top 10 competitors of Credefi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Morpho 2021, Paris (France), Series D	A peer-to-peer layer built on top of lending pools such as Compound and Aave	$249M	Ribbit Capital, Pantera Capital & 40 others	64/100
2nd	Ledn 2018, Toronto (Canada), Series B	Blockchain-based & crypto-backed lending platform	$104M	10T, White Star Capital & 26 others	62/100
3rd	Euler 2020, London (United Kingdom), Series B	Provider of non-custodial protocols for lending and borrowing crypto assets	$40M	Paradigm, Haun Ventures & 32 others	58/100
4th	BankSocial 2021, Wylie (United States), Unfunded	Decentralized P2P platform for crypto personal loans	-	-	54/100
5th	Term Structure 2022, British Virgin Islands (United Kingdom), Seed	Peer-to-peer fixed-income protocol	$4.25M	Cumberland, HashKey Capital & 3 others	53/100
6th	EthicHub 2017, Madrid (Spain), Seed	Provider of blockchain-based P2P crowd lending platform for farm loans	$2.1M	Ship2B, IDB Lab & 3 others	51/100
7th	Gondi 2023, New York City (United States), Seed	Decentralized non-custodial NFT lending protocol	$5.35M	Pantera Capital, 6MV & 8 others	48/100
8th	MetaStreet 2021, Boston (United States), Series A	P2P liquidity platform for NFT collateral	$49.1M	FinTech Collective, OpenSea & 33 others	46/100
9th	Moonwell 2021, Finland, Funding Raised	Open lending and borrowing DeFi protocol on Moonbeam & Moonriver	-	Woodstock, Coinbase & 2 others	44/100
10th	Zest Protocol 2022, London (United Kingdom), Seed	On-chain lending protocol for bitcoin	$7.82M	Tykhe Ventures, Flow Traders & 9 others	44/100
26th	Credefi 2020, Sofia (Bulgaria), Seed	Decentralized P2P platform for crypto loans	-	Quadrilium Ventures, RR2 Capital & 3 others	34/100