CredFlow has secured $3.7million from its existing investors Inflexor Ventures and a prominent Singapore-based family office, the New Delhi-based fintech startup said in a note. The funds raised will be used for scaling financial services and lending verticals, as well as towards improving its technology and innovation capabilities, the company said.
“The funds raised in this round will primarily drive the expansion of our embedded digital lending arm, CredFlow Finance, and mark a significant step towards acquiring our NBFC licence ,” said Kunal Aggarwal, founder of CredFlow. Prior to this, the firm had raised $9.2 million across two venture funding rounds.
Its investors include Omidyar Network, Stellaris Venture Partners and Flourish Ventures. CredFlow offers small and medium businesses various payment-related services like collection of invoices , payment acceptance, cash flow management , financial analysis and such. Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Tally Prime & GST Accounting: Complete Guide By - CA Raj K Agrawal, Chartered Accountant View Program Office Productivity Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis By - Metla Sudha Sekhar, IT Specialist and Developer View Program Astrology Vastu Shastra Course By - Sachenkumar Rai, Vastu Shashtri View Program Finance Financial Literacy for Non-Finance Executives By - CA Raja, Chartered Accountant | Financial Management Educator | Former AVP - Credit, SBI View Program Strategy Succession Planning Masterclass By - Nigel Penny, Global Strategy Advisor: NSP Strategy Facilitation Ltd.
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Technology
CredFlow secures $3.7 million in funding from Inflexor Ventures, others
CredFlow will use the capital to scale up its financial services and lending verticals, and to improve its technology and innovation capabilities, it said.