Funding

CredibleX

United Arab Emirates · Fintech

CredibleX gives UAE small and medium-sized businesses access to working capital through a digital lending platform.

Visit crediblex.ioFunding history

Product

Its products cover receivables financing, payables financing and short-term loans. The company reaches customers through embedded distribution partnerships, helping businesses obtain finance within the networks they already use.

Founded in 2023 by Anand Nagaraj, Ahmad Malik and Hassan Reda, CredibleX operates under the Financial Services Regulatory Authority at Abu Dhabi Global Market.

Funding history

3 rounds · 3 with disclosed amounts
AnnouncedRoundAmountInvestors
Series A$15MMubadala MENA Venture Capital Fund — LeadFurther Ventures — Participant
Senior secured credit facility$100MPollen Street Capital — Participant
Seed equity and debt financingAED 200MFurther Ventures — LeadBerkley Square Finance — ParticipantKilgour Williams Capital — Participant

Investors

Mubadala MENA Venture Capital FundLed Series AFurther VenturesJoined Series A · Led Seed equity and debt financingPollen Street CapitalJoined Senior secured credit facilityBerkley Square FinanceJoined Seed equity and debt financingKilgour Williams CapitalJoined Seed equity and debt financing

Coverage

May 6, 2026CredibleX · Series ASep 10, 2025CredibleX · Senior secured credit facilityDec 10, 2024CredibleX · Seed equity and debt financing

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Sourcescrediblex.io ↗