Credrails

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Credrails - overview

Established

2020

Location

Nairobi, -, Kenya

Primary Industry

Software

About

Based in Nairobi, Kenya, and founded in 2020, provides a financial platform that helps users to connect and analyze their all finance. In February 2022, the firm raised USD 2. 5 million in seed funding from investors Precursor Ventures, Samos Investments, SoftBank Group Corp. , and Unicorn Growth Capital.


Other investors also participated in the round. The company offers two products one is customer analytics which does lending and risk analysis. And another is reconciliation and transaction analysis by reconciling the business accounts into a single master statement. The firm connects mobile money, banks, and offline financial data into one application programming interface (API) which help is lending analysis and KYC.


The company may use the February 2022 funding to further spread its operation in Africa.


Current Investors

Samos Investments, Precursor Ventures, SoftBank Group Corp.

Primary Industry

Software

Sub Industries

Application Integration Software, Analytics & Performance Software, Accounting/Finance Software

Website

www.credrails.com

Verticals

FinTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.