# Kredete

> Kredete is a New York fintech serving diaspora consumers and emerging-market businesses with international transfers, credit-building features, cards, accounts and payment infrastructure. Its distinctive consumer proposition is to report eligible remittances and rent payments to U.S. credit bureaus when users opt in.

- **Founded:** 2022
- **Headquarters:** New York, United States
- **Founders:** Adeola Adedewe (Founder and CEO)
- **Products:** International transfers, Build Credit, Kredete accounts and cards, Kredete+, Kredete for Business and API
- **Notable:** Company reported 300,000 users and more than $100 million in transaction volume at its 2024 seed announcement., Company reported 700,000 monthly users, $500 million in cumulative remittances and an average 58-point U.S. credit-score increase among its users at its September 2025 Series A announcement., Founder Adeola Adedewe was selected as an Endeavor Entrepreneur in 2026.

## Products & services

- **International transfers** — Consumer app for cross-border sends to supported markets, with local-currency payout and fees and exchange rates disclosed before confirmation.
- **Build Credit** — Opt-in reporting of eligible rent payments and international transfers to U.S. credit bureaus, with credit reports in the app; an SSN is required.
- **Kredete accounts and cards** — Multi-currency account and card features, including a Visa stablecoin-backed card launched with Visa, Stellar and Rain.
- **Kredete+** — Premium subscription advertised at $6 per month or $66 per year, including preferred transfer terms, physical card and more frequent credit reports.
- **Kredete for Business and API** — Business accounts, global payments and developer APIs for payouts, collections and account services in supported markets.
- **Gravv infrastructure** — Acquired stablecoin and banking-rail infrastructure for accounts, FX, settlement, liquidity, routing and reconciliation.

## Achievements

- Company reported 300,000 users and more than $100 million in transaction volume at its 2024 seed announcement.
- Company reported 700,000 monthly users, $500 million in cumulative remittances and an average 58-point U.S. credit-score increase among its users at its September 2025 Series A announcement.
- Founder Adeola Adedewe was selected as an Endeavor Entrepreneur in 2026.
- Acquired Gravv in September 2026; Kredete said Gravv handled more than $3 billion in annualized volume for over 1,000 businesses.

## Latest updates

- **2026-09** — Announced acquisition of Gravv, adding stablecoin settlement, FX, routing, liquidity and reconciliation infrastructure; price undisclosed.
- **2026-05** — Founder Adeola Adedewe selected as an Endeavor Entrepreneur.
- **2026-04** — Said its stablecoin-backed card was live across 50 African countries and planned expansion into the Gulf.
- **2025-09** — Raised $22 million Series A led by AfricInvest with Partech and Polymorphic Capital.

## Links

- Website: https://kredete.io/
- LinkedIn: https://www.linkedin.com/company/kredete/
- Twitter/X: https://x.com/kredete
- YouTube: https://www.youtube.com/channel/UCsQyUSu5N5hAVpunJBBy28Q

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Profile page: https://yespress.io/kredete
Published by YesPress — https://yespress.io
Last updated: 2026-09-29