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December 1, 2023
Finance Technologies

CredoLab raises $7m in Serie A funding

Singapore-based digital credit scoring firm CredoLab has raised $7 million in a Series A funding round led by GBG. The start-up has raised $10.1 million since 2016 The round also saw participation from Walden International and Access VC among other new investors. The firm develops digital scorecards for banks, lenders, ecommerce firms and others. It says that it uses the “best sources of permissioned data”. It claims to have powered almost $2 billion in loans. Since 2016 the firm has raised $10.1 million over three funding rounds. “We have already seen a significant shift from physical originations to digital ones,”…
CredoLab raises m in Serie A funding

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