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CredibleX - About the company

CredibleX is a series A company based in Abu Dhabi (United Arab Emirates), founded in 2022 by Hassan Reda and Anand Nagaraj. It operates as a Provider of embedded financing solutions for small and medium-sized enterprises. CredibleX has raised $70M in funding from Mubadala and Further. The company has 11 active competitors, including 3 funded and 3 that have exited. Its top competitors include companies like Cloud Lending, Veefin and Optasia.

Company Details

Provider of embedded financing solutions for small and medium-sized enterprises. It enables instant access to lending options for businesses and their customers.
Social
X
Email ID
*****@crediblex.io
Key Metrics
Founded Year
2022
Location
Stage
Series A
Total Funding
$70M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
47 as on Sep 30, 2026
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CredibleX's funding and investors

CredibleX has raised a total funding of $70M over 4 rounds. Its first funding round was on Dec 13, 2024. Its latest funding round was a Series A round on May 06, 2026 for $*****. 2 investors participated in its latest round. CredibleX has 5 institutional investors.

Here is the list of recent funding rounds of CredibleX:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 06, 2026
1130219
Series A
4797913
7623840
8807216
6123801
Sep 11, 2025
5354814
Conventional Debt
8637474
3205675
2138845
Dec 13, 2024
2544498
Seed
2341062
1418526
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CredibleX's founders and board of directors

Founder? Claim Profile
The founders of CredibleX are Hassan Reda and Anand Nagaraj. Anand Nagaraj is the CEO of CredibleX.
Here are the details of CredibleX's key team members:

CredibleX's employee count trend

CredibleX has 47 employees as of Sep 26. Here is CredibleX's employee count trend over the years:
Employee count trend for CredibleX
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CredibleX's Competitors and alternates

Top competitors of CredibleX include Cloud Lending, Veefin and Optasia. Here is the list of Top 10 competitors of CredibleX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CredibleX
CredibleX
2022, Abu Dhabi (United Arab Emirates), Series A
Provider of embedded financing solutions for small and medium-sized enterprises
$70M
57/100
2nd
Logo for Cloud Lending
Cloud Lending
2013, Foster City (United States), Acquired
Provider of digital banking solutions for financial institutions and their clients
$16.1M
56/100
3rd
Logo for Veefin
Veefin
2020, Mumbai (India), Public
Provider of supply chain finance technology and digital lending solutions
$3M
56/100
4th
Logo for Optasia
Optasia
2012, Dubai (United Arab Emirates), Public
Provider of a fintech platform that uses AI to provide mobile network operators and financial institutions with solutions for airtime credit and mobile value-added services, aiming to promote digital finance and financial inclusion
-
51/100
5th
Logo for Bankish
Bankish
2017, Tallinn (Estonia), Seed
Lending & deposit system for loan providers
$1.37M
37/100
6th
Logo for Orbii
Orbii
2023, Dubai (United Arab Emirates), Seed
AI-powered platform offering solutions to lenders
$3.6M
36/100
7th
Logo for Aqaix
Aqaix
2017, San Francisco (United States), Funding Raised
Cloud & API-based lending-as-a-service platform for water financing
-
31/100
8th
Logo for Circeo
Circeo
2014, Rumelange (Luxembourg), Unfunded
End-to-end loan lifecycle management platform
-
-
29/100
9th
Logo for Ezra
Ezra
2010, Dubai (United Arab Emirates), Unfunded
Provider of credit solutions for underserved markets
-
-
23/100
10th
Logo for Fauree
Fauree
2022, Dubai (United Arab Emirates), Funding Raised
Online lending-as-a-service platform for facilitating business loans
-
21/100
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CredibleX's Investments and acquisitions

CredibleX has made no investments or acquisitions yet.

Reports related to CredibleX

Here is the latest report on CredibleX's sector:

News related to CredibleX

lockFilter this list
Media has covered CredibleX for a total of 6 events in the last 1 year, 1 of them has been about partnerships.
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