Singapore-headquartered CrediLinq has announced the successful closure of an $85m Series A funding round, led by OMVC and MSAD Ventures. The funding will be used to accelerate CrediLinq’s expansion into the US, UK, and Australia, as well as to enhance its technology and hire senior talent. New investors include Citi North America and Rustem Family Office, whilst returning investors feature 500 Global and Epic Angels.
CrediLinq operates in the embedded finance sector, providing B2B platforms with AI-powered credit solutions. Its technology integrates into online platforms via APIs, leveraging real-time data to offer seamless credit to small and medium-sized enterprises (SMEs).
The funds will support market expansion, strategic acquisitions, and partnerships, particularly in Singapore, where CrediLinq plans to strengthen its local presence.
Deep Singh, founder and CEO of CrediLinq, stated, “Today marks a pivotal moment for CrediLinq as we accelerate the growth of embedded finance globally, helping platforms empower digital native SMEs with flexible, transparent, and more seamless access to capital.”
The company plans to enhance its AI-led credit algorithms to reduce non-performing loans and improve efficiency. Vikram Kotibhaskar, co-founder of CrediLinq, highlighted the benefits of their Credit-as-a-Service stack, which offers quick decision-making and easy checkout within partner ecosystems, resulting in a frictionless customer experience.
CrediLinq’s solutions are applicable across various sectors, including e-commerce, supply chain, and banking. The company’s integration with major marketplaces like Amazon and TikTok Shop exemplifies its reach. Mark Munoz, managing partner at OMVC, praised CrediLinq’s innovative use of AI, noting the positive revenue outcomes for clients.
With this funding, CrediLinq is poised to make a significant impact on the global financial landscape, empowering SMEs with enhanced access to capital.
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