Kredete - About the company
Kredete is a series A company based in New York City (United States), founded in 2023 by Hakeem Oriola and Adeola Adedewe. It operates as a Provider of digital financial services including money transfer and credit building. Kredete has raised $24.8M in funding from investors like Africinvest, Blockchain Founders Fund and RevTech Labs. The company has 2721 active competitors, including 207 funded and 121 that have exited. Its top competitors include companies like Nubank, Mercury and Brex.
Company Details
Provider of digital financial services including money transfer and credit building. The company offers tools for managing finances, sending money internationally, and accessing cryptocurrency services. Features include mobile banking, debit cards, and options for building credit through various financial activities. The platform also provides AI-driven personal finance assistance.
- Website
- kredete.io
- Email ID
- *****@kredete.io
- Registered Address
- MARDLE WOOD HOUSE,HIGHER COOMBE,BUCKFASTLEIGH,DEVON,TQ11 0JD
Key Metrics
Founded Year
2023
Location
New York City, United States
Stage
Series A
Total Funding
$24.8M in 6 rounds
Latest Funding Round
Investors
Ranked
56th among 2721 active competitors
Employee Count
51 as on Sep 30, 2026
Legal entities associated with Kredete
Kredete is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
KREDETE INC CIN: 7028461 , United Kingdom, Active | Sep 23, 2009 | - | - |
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Kredete's funding and investors
Kredete has raised a total funding of $24.8M over 6 rounds. Its first funding round was on 2023. Its latest funding round was a Series A round on Sep 15, 2025 for $*****. 4 investors participated in its latest round. Kredete has 15 institutional investors.
Here is the list of recent funding rounds of Kredete:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 15, 2025 | 6201828 | Series A | 8662490 | 5160440 | 2778727 | 3759444 |
Jun 13, 2025 | 7955983 | Seed | 1686580 | 8252293 | 4167278 | |
Aug 30, 2024 | 7127703 | Seed | 4429793 | 2173604 |
View details of Kredete's funding rounds and investors
Kredete's founders and board of directors
Founder? Claim ProfileHere are the details of Kredete's key team members:
- Hakeem Oriola: Chief Technology Officer of Kredete. Contact Info: 1 email address
- Adeola Adedewe: Founder & CEO of Kredete. Contact Info: 1 email address
Kredete's Board of Directors
Kredete's board has 2 active members. Hugh Nicolas Forrester Bourne and Dr Susan Margaret Bourne are independent board members.Here is the list of Kredete's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 17y 0m | |
lnc{eqj | Independent board member | - | Current | 4y 6m |
View details of Kredete's Founder profiles and Board Members
Kredete's employee count trend
Kredete has 51 employees as of Sep 26. Here is Kredete's employee count trend over the years:
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Kredete's Competitors and alternates
Top competitors of Kredete include Nubank, Mercury and Brex. Here is the list of Top 10 competitors of Kredete, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital banking services, including credit cards and accounts | $2.27B | 90/100 | ||
2nd | Mercury 2017, San Francisco (United States), Series D | Provider of a comprehensive online platform offering a range of financial services | $546M | 84/100 | |
3rd | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 83/100 | |
4th | Chime 2012, San Francisco (United States), Public | Digital bank for individuals | $3.15B | 83/100 | |
5th | BlueVine 2013, Redwood City (United States), Acquired | Provider of business checking accounts, business loans, and business credit cards | $288M | 83/100 | |
6th | Provider of business account, payment cards, and financial management solutions | $717M | 83/100 | ||
7th | Revolut 2015, London (United Kingdom), Series E | Provider of financial services and digital banking solutions | $1.73B | 83/100 | |
8th | Dave 2016, Los Angeles (United States), Public | Developer of a mobile banking application offering financial management tools | $63.6M | 82/100 | |
9th | Monzo 2015, United Kingdom, Series I | Provider of digital banking services including accounts savings and credit | $2.37B | 82/100 | |
10th | Atom bank 2014, Blyth (United Kingdom), Series F | Provider of digital savings accounts mortgages and commercial business loans | $852M | 80/100 | |
56th | Kredete 2023, New York City (United States), Series A | Provider of digital financial services including money transfer and credit building | $24.8M | 66/100 |
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Kredete's Investments and acquisitions
Kredete has made no investments or acquisitions yet.
Reports related to Kredete
Here is the latest report on Kredete's sector:
News related to Kredete
Media has covered Kredete for a total of 2 events in the last 1 year.
•
Kredete Raises $22M Series A to Expand Credit and Stablecoin Services for African DiasporaThe SaaS News•Sep 23, 2026•Kredete
•
Kredete Acquires Gravv to Build Agentic Stablecoin InfrastructureTechpoint.Africa•Sep 21, 2026•Kredete
•
African Startups Funding Comeback in September 2025: A 430% ReboundTechloy•Oct 09, 2025•Kredete, Vound, Novastar Ventures
•
Kredete Raises $22M Series A to Expand Credit-Building Platform for African ImmigrantsTechawkng•Sep 15, 2025•Africinvest, PAR Technology Corp, Kredete, Polymorphic Capital
•
Kredete: $2.25 Million (Seed) Raised To Help African Immigrants Build Credit And Send Money HomePulse 2.0•Sep 12, 2024•Kredete, Blockchain Founders Fund, Techstars, Tezos Foundation and 4 others
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