# CredibleX

> CredibleX is an Abu Dhabi embedded-finance lender that puts working capital inside the software small businesses already use. Instead of asking SMEs to walk into a bank, it plugs credit into marketplaces, payment terminals and insurance flows so a shop or supplier can apply in minutes and see money in hours. Regulated by the FSRA in ADGM and backed by a $15M Series A led by Mubadala, it works with 70-plus distribution partners across the UAE.

- **Founded:** 2023
- **Headquarters:** Abu Dhabi, United Arab Emirates
- **Founders:** Anand Nagaraj (Co-Founder & CEO), Ahmad Malik (Co-Founder), Hassan Reda (Co-Founder)
- **Team size:** ~45 employees
- **Products:** Invoice Finance, B2B Channel Finance, POS Finance, SME Insurance Finance, Revenue-Based Financing
- **Notable:** Raised a $15M Series A led by Mubadala Investment Company in May 2026, Secured a $100M senior secured credit facility in September 2025 to fund lending, Grew to 70+ distribution partners across the UAE

## Products & services

- **Invoice Finance** — Turns outstanding invoices and receivables into immediate working capital so SMEs don't wait on payment terms.
- **B2B Channel Finance** — Working capital for business-to-business supply chains, letting distributors and suppliers finance trade between them.
- **POS Finance** — Point-of-sale financing embedded with payment partners, extending credit against card-processing history.
- **SME Insurance Finance** — Financing tied to insurance products and premium payments, spreading cost for small businesses.
- **Revenue-Based Financing** — Repayments that flex with a business's revenue rather than a fixed installment schedule.
- **Payable Financing** — Lets SMEs pay suppliers now and settle with CredibleX later, smoothing cash flow.

## Achievements

- Raised a $15M Series A led by Mubadala Investment Company in May 2026
- Secured a $100M senior secured credit facility in September 2025 to fund lending
- Grew to 70+ distribution partners across the UAE
- Licensed and regulated by the FSRA in ADGM (Category 2, 3 and 4 licences)
- Named first fintech partner of ADGM's Numou SME financing platform
- Built a network including Mastercard, Network International, Careem and Sukoon Insurance

## Latest updates

- **2026-05** — Announced a $15 million Series A led by Mubadala with participation from Further Ventures to scale its lending marketplace and partner distribution.
- **2025-09** — Secured a $100 million senior secured credit facility to expand lending capacity.
- **2023-11** — Launched with FSRA licences in ADGM, targeting 20,000 companies and named first fintech partner of Numou.

## Links

- Website: https://crediblex.io
- LinkedIn: https://www.linkedin.com/company/crediblex/
- Twitter/X: https://x.com/credibl_ex

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Profile page: https://yespress.io/crediblex
Published by YesPress — https://yespress.io
Last updated: 2026-08-16