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.
- Website
- crediblex.io
- Email ID
- *****@crediblex.io
Key Metrics
Founded Year
2022
Location
Abu Dhabi, United Arab Emirates
Stage
Series A
Total Funding
$70M in 4 rounds
Latest Funding Round
Ranked
1st among 11 active competitors
Employee Count
47 as on Jul 31, 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:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 06, 2026 | 7503296 | Series A | 5373057 | 3548996 | 1536792 | 7257062 |
Sep 11, 2025 | 7999303 | Conventional Debt | 9208372 | 2409320 | 9559259 | |
Dec 13, 2024 | 1778284 | Seed | 1014718 | 6378628 |
View details of CredibleX's funding rounds and investors
CredibleX's founders and board of directors
Founder? Claim ProfileHere are the details of CredibleX's key team members:
- Hassan Reda: Co-Founder & CPO of CredibleX. Contact Info: 1 email address
- Anand Nagaraj: Co-Founder & CEO of CredibleX. Contact Info: 1 email address
View details of CredibleX's Founder profiles and Board Members
CredibleX's employee count trend
CredibleX has 47 employees as of Jul 26. Here is CredibleX's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CredibleX 2022, Abu Dhabi (United Arab Emirates), Series A | Provider of embedded financing solutions for small and medium-sized enterprises | $70M | 57/100 | |
2nd | Cloud Lending 2013, Foster City (United States), Acquired | Provider of digital banking solutions for financial institutions and their clients | $16.1M | 56/100 | |
3rd | Provider of supply chain finance technology and digital lending solutions | $3M | 56/100 | ||
4th | 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 | Lending & deposit system for loan providers | $1.37M | 37/100 | ||
6th | Orbii 2023, Dubai (United Arab Emirates), Seed | AI-powered platform offering solutions to lenders | $3.6M | 36/100 | |
7th | Aqaix 2017, San Francisco (United States), Funding Raised | Cloud & API-based lending-as-a-service platform for water financing | - | 31/100 | |
8th | Circeo 2014, Rumelange (Luxembourg), Unfunded | End-to-end loan lifecycle management platform | - | - | 29/100 |
9th | Ezra 2010, Dubai (United Arab Emirates), Unfunded | Provider of credit solutions for underserved markets | - | - | 23/100 |
10th | Fauree 2022, Dubai (United Arab Emirates), Funding Raised | Online lending-as-a-service platform for facilitating business loans | - | 21/100 |
Looking for more details on CredibleX's competitors? Click here to see the top ones
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
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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CredibleX Raises $15M Series A Led by Mubadala to Expand Embedded Finance Platform in UAEThe SaaS News•Jun 02, 2026•CredibleX, Mubadala
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ICYMI fintech funding round-up: CredibleX, Five, Profitize, and moreFinTech Futures•May 08, 2026•CredibleX
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Network International partners with CredibleX to expand SME digital lending servicesArabian Business•Nov 10, 2025•CredibleX, Network International
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Upfront Secures $10M to Grow Financial Operating System for MENA SMBsPYMNTS.com•Oct 01, 2025•Palm Venture Studios, SABAH.HUB, Upfront Ventures, Yayasansabahgroup and 3 others
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UAE Fintech CredibleX Lands $100M Credit Facility from Pollen Street CapitalTechMoran•Sep 11, 2025•CredibleX, Pollen Street Group, Goldman Sachs, J P Morgan and 1 other
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CredibleX to Integrate Mastercard’s Small Business Credit AnalyticsPYMNTS.com•Mar 14, 2025•CredibleX, Mastercard
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Mastercard partners with CredibleX, LikeCard, and Al Etihad PaymentsThe Paypers•Mar 13, 2025•Mastercard, CredibleX, LikeCard
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UAE Based Embedded SME Lending Startup CredibleX raises US$55Mn in seed roundMarketWatch•Dec 13, 2024•CredibleX, Further, Kilgour Williams Capital, Berkeley Square Capital Partners and 3 others
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CredibleX and Fracxn Partner on Financing Solutions for SMBsPYMNTS.com•Aug 05, 2024•CredibleX, FracXN
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