CrediLinq Secures $8.5M Series A for B2B Embedded Finance Expansion
CrediLinq has raised $8.5 million in a Series A funding round, announced in a press release. The round was led by OM/VC and MS&AD Ventures, with participation from new investors Citi North America and Rustem Family Office, as well as returning investors such as 500 Global and Epic Angels.
CrediLinq operates in the embedded finance sector, providing AI-powered solutions that integrate into B2B platforms via APIs. This technology allows small and medium-sized enterprises (SMEs) to access credit seamlessly at the point of need by leveraging real-time alternative data. The newly acquired funds will be used to expand CrediLinq's market presence in the United States, United Kingdom, and Australia, as well as to enhance its technology infrastructure and hire senior talent.
The company plans to partner with larger digital platforms in these markets to drive user growth and enable digital businesses to access capital more efficiently. Additionally, CrediLinq aims to improve its AI-led credit algorithms to reduce non-performing loans and enhance operational efficiency.
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