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CredibleX

CredibleX

Active

Embedded SME financing platform

Abu Dhabi, UAEFounded 2023
Fintech
Series A

Abu Dhabi (ADGM) fintech providing SMEs with working capital via embedded finance: revenue-based financing, receivables financing, and payables financing through 70+ distribution partners. Regulated by the FSRA.

Founders

Anand Nagaraj

Co-founder

Ahmad Malik

Co-founder

Hassan Reda

Co-founder

Funding Rounds

Series AMay 2026
$15M

Lead: Mubadala

Investors: Mubadala (MENA Venture Capital Fund), Further Ventures

Series A within a broader $15M equity raise.

DebtSep 2025
$100M

Lead: Pollen Street Capital

Investors: Pollen Street Capital

Senior secured credit facility to fund the loan book; Pollen Street's first UAE transaction. Referenced again in the May 2026 Series A announcement. Also: https://www.wamda.com/2025/09/crediblex-secures-100-million-facility-pollen-street https://www.zawya.com/en/press-release/companies-news/pollen-street-capital-announces-100mln-senior-secured-credit-facility-to-crediblex-fx67849w Confidence: confirmed (round 13, Pollen Street Capital).

SeedDec 2024
$55M

Lead: Further Ventures

Investors: Further Ventures (equity), Kilgour Williams Capital (debt), Berkley Square Finance (debt), other debt providers

$55m seed comprising equity and debt (split not stated); SME-lending fintech. | Equity + debt mix, split not disclosed; equity from Further Ventures, debt from Kilgour Williams Capital, Berkley Square Finance and others. Embedded SME lending. Wamda cites Fintech Global.; source states $55m (AED... Date is the article date. Also: https://www.wamda.com/2024/12/crediblex-secures-55-million-seed-equity-debt Confidence: confirmed (round 13, Arab News).

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