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Founded in 2023 by Ahmad Malik, Anand Nagaraj, and Hassan Reda, CredibleX is a financial technology company based in Abu Dhabi providing an embedded finance platform that enables businesses to offer instant credit access to underserved small and medium enterprises. The company utilizes an API-first framework to deliver working capital, invoice financing, receivables finance, and point of sale financing solutions across the Middle East and North Africa without requiring personal guarantees. Operating with approximately 24 employees across eight departments, the platform currently serves around 40,000 users and generates an estimated $3.25 million in annual revenue. The enterprise has secured $155 million in total funding across three investment rounds, achieving an estimated valuation of $10.5 million. This overall capitalization includes a recent $55 million seed financing round supported by prominent institutional investors Further Ventures and Kilgour Williams Capital.
CredibleX has raised $155.0M across 2 funding rounds.
CredibleX has raised $155.0M in total across 2 funding rounds.
CredibleX has raised $155.0M across 2 funding rounds. Most recently, it raised $100.0M Debt in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 11, 2025 | $100M Debt Financing | Ethan Saggu | — | Announced |
| Dec 16, 2024 | $55M Seed | Further Ventures | — | Announced |
CredibleX has raised $155.0M in total across 2 funding rounds.
CredibleX's investors include Ethan Saggu, Further Ventures.
