CredibleX Raises $15 Million Series A for SME Finance
UAE-based digital embedded finance platform CredibleX has secured $15 million in a Series A funding round. The investment, led by Mubadala Investment Company, will boost its lending and technology capabilities for SMEs.
CredibleX, a UAE-headquartered digital embedded finance platform targeting small and medium-sized enterprises (SMEs), has announced a successful $15 million Series A funding round. Mubadala Investment Company led the investment, with participation from Further Ventures.
The newly acquired capital will be deployed to expand CredibleX's lending services and enhance its core technology platform. This development strengthens the region's fintech landscape by improving access to finance for SMEs.
FREQUENTLY ASKED
Who is CredibleX?
CredibleX is Empowering SMEs with Embedded Financing Solutions, based in Dubai, founded in 2023, operates in the Fintech sector.
How much has CredibleX raised?
CredibleX has raised $155M in disclosed funding to date according to the DXBStart company directory.
Where can I find more news about CredibleX?
The DXBStart company profile at dxbstart.com/company/crediblex aggregates every news story DXBStart has indexed about CredibleX, along with funding history, stage, status, and company details.