CreditEnable - About the company
CreditEnable is a seed company based in London (United Kingdom), founded in 2017 by Varun Sahni. It operates as an Online marketplace for business loans. CreditEnable has raised $10.1M in funding from investors like Accel, Floreat and Venture Catalysts, with a current valuation of £*****. The company has 2586 active competitors, including 307 funded and 112 that have exited. Its top competitors include companies like Funding Circle, Upstart and InCred.
Company Details
Online marketplace for business loans. It is a digital credit marketplace focused on SME lending, connecting SMEs with lenders through its platform. It offers tools such as working capital loans, cash credit, machinery financing, borrower credit profiling, and portfolio and NPA management solutions.
- Website
- creditenable.com
- Social
- Email ID
- *****@creditenable.com
- Phone Number
- +91 **********
- Registered Address
- The Courtyard, 14a Sydenham Road, Croydon, England, CR0 2EE
Key Metrics
Founded Year
2017
Location
London, United Kingdom
Stage
Seed
Total Funding
$10.1M in 7 rounds
Latest Funding Round
Post Money Valuation
£***** as on Feb 18, 2021
Ranked
199th among 2586 active competitors
Employee Count
35 as on Jan 31, 2025
Legal entities associated with CreditEnable
CreditEnable is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OKTOBER6 INSIGHT PRIVATE LIMITED CIN: U74999MH2018FTC316688 , India, Active | Nov 01, 2018 | $218K (As on Mar 31, 2025) | 3 (As on Feb 28, 2025) | |
OKTOBER6 LTD CIN: 09812607 , United Kingdom, Active | Oct 06, 2015 | - | 1 (As on Oct 31, 2024) |
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CreditEnable's funding and investors
CreditEnable has raised a total funding of $10.1M over 7 rounds. Its latest funding round was a Seed round on Jan 18, 2021 for $*****. 2 investors participated in its latest round. CreditEnable has 24 institutional investors and 43 angel investors.
Here is the list of recent funding rounds of CreditEnable:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 18, 2021 | 9042505 | Seed | 3701991 | 6422566 | 5018937 | 4177825 |
Apr 17, 2020 | 7025078 | Angel | 9813242 | 9609467 | 6139017 | |
Mar 05, 2020 | 6761024 | Seed | 5629037 | 9362831 |
Access funding benchmarks and valuations. Sign up today!View details of CreditEnable's funding rounds and investors
CreditEnable's founders and board of directors
Founder? Claim ProfileThe founders of CreditEnable is Varun Sahni. Nadia Sood is the CEO of CreditEnable.
Here are the details of CreditEnable's key team members:
- Varun Sahni: Co-Founder of CreditEnable and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Akbar Khan: CEO of CreditEnable. They serve on the board of 1 company.Contact Info: 1 email address
CreditEnable's Board of Directors
CreditEnable's board has 4 active members. Varun Sahni and Akbar Khan are part of team and Christopher Straughan Justice and Rohini Roshnara Sood are independent board members.Here is the list of CreditEnable's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 7y 8m | |
berlylu | Team | - | Past | 1y 6m |
zfrc{rs | Team | - | Past | 7y 8m |
Independent board member | - | Current | 7y 3m | |
kizsigm | Independent board member | - | Current | 5y 8m |
View details of CreditEnable's Founder profiles and Board Members
CreditEnable's employee count trend
CreditEnable has 35 employees as of Jan 25. The total employee count is 48.0% lower than what it was in Jan 24. Here is CreditEnable's employee count trend over the years:
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CreditEnable's Competitors and alternates
Top competitors of CreditEnable include Funding Circle, Upstart and InCred. Here is the list of Top 10 competitors of CreditEnable, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Funding Circle 2010, London (United Kingdom), Public | Developer of a P2P marketplace for business loans | $373M | 83/100 | |
2nd | Upstart 2012, Palo Alto (United States), Public | AI-enabled online marketplace offering diversified loans to consumers and businesses | $129M | 82/100 | |
3rd | Provider of financial services specializing in loans for personal and business | $318M | 81/100 | ||
4th | Money View 2014, Bengaluru (India), Series E | Provider of loans, credit cards, gold investment, insurance, and UPI | $220M | 77/100 | |
5th | L & T Finance Holdings 1994, Mumbai (India), Public | Diversified lending NBFI | - | 76/100 | |
6th | Lending Club 2006, San Francisco (United States), Public | P2P marketplace for consumer and business loans | $219M | 75/100 | |
7th | IIFL Finance 1995, Mumbai (India), Public | Provider of online gold, home, personal & business loans | - | 75/100 | |
8th |  Funding Societies 2015, Singapore (Singapore), Series D | P2P marketplace for business loans | $242M | 74/100 | |
9th | Figure 2018, San Francisco (United States), Series D | Blockchain-based platform for consumer loans | $435M | 74/100 | |
10th | FlexiLoans 2016, Mumbai (India), Acquired | Provider of business loans and related financial products for MSMEs | $97.3M | 72/100 | |
199th |  CreditEnable 2017, London (United Kingdom), Seed | Online marketplace for business loans | $10.1M | 39/100 |
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CreditEnable's Investments and acquisitions
CreditEnable has made no investments or acquisitions yet.
Reports related to CreditEnable
Here is the latest report on CreditEnable's sector:
News related to CreditEnable
Filter this list•
CredAble’s Business Super App UpScale Introduced GST Super Search Tool and 2 Lakh BusinessesSMEStreet.in•Aug 30, 2022•CreditEnable
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Jpin Venture Catalysts Leads £2 Million Round In CreditenableFinextra•Jan 18, 2021•JPIN, CreditEnable, Venture Catalysts, JPIN VCATS
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Wealth manager Sapient partners Venture Catalysts for startup investmentsVCCircle•Jan 18, 2021•Sapient Wealth, Venture Catalysts, CreditEnable, Arm and 1 other
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JPIN VCATS invests £700k leading a £2m raise for fintech front runner CreditEnableBusiness Money•Jan 18, 2021•JPIN, CreditEnable
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Former Indigo president Aditya Ghosh bets on SME credit marketplaceVCCircle•Apr 17, 2020•CreditEnable
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CreditEnable gets Aditya Ghosh on board to ramp up funding for SMEsAsian News International•Apr 16, 2020•CreditEnable, IndiGo
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CreditEnable makes $2m in pre-Series A roundFStech•Mar 02, 2020•CreditEnable, Accel, Alter Global, Floreat
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SME analytics firm CreditEnable wins place in financial inclusion competitionPeer2Peer Finance News•Jun 17, 2019•CreditEnable
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