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Credrails - About the company

Credrails is a seed company based in Nairobi (Kenya), founded in 2020. It operates as an Open banking aggregation APIs. Credrails has raised $2.5M in funding from Precursor Ventures and Samos Investments. The company has 25 active competitors, including 12 funded and 1 that has exited. Its top competitors include companies like Bloom Credit, Array and AperiData.

Company Details

Open banking aggregation APIs. It offers APIs that enable banks and financial institutions to aggregate financial data from multiple sources. It features lending and risk analytics, reconciliation and transaction analytics, and more.
Social
Facebook
Email ID
*****@credrails.com
Key Metrics
Founded Year
2020
Location
Nairobi, Kenya
Stage
Seed
Total Funding
$2.5M in 1 round
Latest Funding Round
Ranked
Employee Count
31 as on Aug 31, 2026
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Credrails's funding and investors

Credrails has raised a total funding of $2.5M over 1 round. Its latest funding round was a Seed round on Jan 2022 for $*****. 3 investors participated in its latest round. Credrails has 6 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Credrails:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 2022
6227400
Seed
8142846
6181527
5058490
1738466
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Credrails' founders and board of directors

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Credrails' employee count trend

Credrails has 31 employees as of Aug 26. Here is Credrails's employee count trend over the years:
Employee count trend for Credrails
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Credrails's Competitors and alternates

Top competitors of Credrails include Bloom Credit, Array and AperiData. Here is the list of Top 10 competitors of Credrails, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Bloom Credit
Bloom Credit
2016, New York City (United States), Series B
Provider of tools for credit repair and score management
$34.3M
59/100
2nd
Logo for Array
Array
2020, New York City (United States), Seed
Provider of a credit data integration platform
-
53/100
3rd
Logo for AperiData
AperiData
2017, Chester (United Kingdom), Acquired
Provider of cloud-based open banking API solutions for lenders and banks
$1.67M
52/100
4th
Logo for CreditChek
CreditChek
2021, Lagos (Nigeria), Seed
Developer of a credit data aggregating platform
$840K
50/100
5th
Logo for Trebol
Trebol
2021, Bogota (Colombia), Seed
Open banking aggregation API
$3.5M
44/100
6th
Logo for ClearStake
ClearStake
2020, London (United Kingdom), Seed
Open banking aggregation solution for individuals and businesses
$1.96M
-
43/100
7th
Logo for Noble
Noble
2021, San Mateo (United States), Series A
Developer of API-based credit data aggregation solution
$18.1M
40/100
8th
Logo for MiTrust
MiTrust
2018, Neuilly-sur-Seine (France), Seed
Data discovery platform for enterprises
$5.3M
40/100
9th
Logo for Prestatech
Prestatech
2016, Berlin (Germany), Seed
Banking software suite
$4.36M
39/100
10th
Logo for Okredo
Okredo
2015, Vilnius (Lithuania), Seed
Developer of an open banking API for businesses
$1.78M
39/100
11th
Logo for Credrails
Credrails
2020, Nairobi (Kenya), Seed
Open banking aggregation APIs
$2.5M
37/100
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Credrails's Investments and acquisitions

Credrails has made no investments or acquisitions yet.

Reports related to Credrails

Here is the latest report on Credrails's sector:

News related to Credrails

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