CredAble
CredAble is a Mumbai-based working capital technology platform founded in 2017, serving 100+ banks, 175+ corporates, and 350,000+ SMEs through AI-powered SaaS, embedded finance, structured trade, and its RBI-registered NBFC lending subsidiary across APAC, MENA, Europe, and Africa.
- Company typePrivate
- Founded2017
- HeadquartersMumbai, India
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What CredAble does
CredAble (legal entity: Equentia SCF Technologies Private Limited) is a Mumbai-based working capital technology platform founded in 2017 that operates four integrated solution areas: Banking SaaS (PaaS/BaaS infrastructure for banks to launch and scale supply chain finance and embedded credit products), Enterprise SaaS (liquidity management for corporate payables and receivables financing, including trade receivables securitisation), Structured Trade (proprietary structures such as Flash Title Trade for inventory-backed financing), and direct Lending (collateral-free SME working capital finance through its wholly-owned RBI-registered NBFC, Equentia Financial Service Private Limited). The platform serves three primary customer segments: financial institutions (100+ bank and NBFC partners), large and mid-sized corporates (175+ enterprise clients across quick commerce, technology hardware, chemicals, steel, and trading), and SMEs (350,000+ small business borrowers), with a secondary women-led business program supporting 50+ enterprises.
Underlying technology is a cloud-native stack with AI-powered capabilities spanning loan origination, financial statement analysis, invoice validation against government-backed DPI infrastructure, agentic AI underwriting, early warning credit intelligence, and embedded ERP integrations delivered via API products (Financial Statement Analyser, ERP Connectors, Invoice Validation Platform). The architecture supports white-label deployment, demonstrated by the strategic Citi partnership (January 2026). CredAble holds ISO 27001:2022, ISO 27018, and PCI DSS Level 1 certifications, and operates offices across India (Mumbai HQ plus Gurugram, Noida, Kolkata, Pune, Bengaluru) with a Singapore regional headquarters supporting APAC and global expansion into Europe, Americas, and Africa.
The revenue model combines four streams: SaaS subscription fees (Banking and Enterprise platforms on monthly billing), transaction and processing fees on financed invoices and disbursements, lending interest income through the NBFC entity (utilisation-based pricing), and technology partnership/licensing fees from white-labeled OEM deployments such as the Citi arrangement. The company has raised approximately $60M in total funding across rounds led by Axis Bank, OAKS Asset Management, Plutus Wealth Management, Equentia Natural Resources, and SIDBI (debt), and claims 500%+ year-on-year revenue growth with $21 billion+ in cumulative working capital enabled.
CredAble firmographics
Firmographics- Name
- CredAble
- Legal name
- Equentia SCF Technologies Private Limited
- Website
- https://credable.in
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- CredAble is a Mumbai-based working capital technology platform founded in 2017, serving 100+ banks, 175+ corporates, and 350,000+ SMEs through AI-powered SaaS, embedded finance, structured trade, and its RBI-registered NBFC lending subsidiary across APAC, MENA, Europe, and Africa.
- Ownership category
- akta.pro rank
CredAble industry classification
Industry- Product category
- Working Capital Technology / Supply Chain Finance Software
- NAICS
- Software Publishers (513210), Credit Bureaus (561450)
- SIC
- Services-Prepackaged Software (7372), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- CRM Data Quality, Enrichment & CDP-Adjacent CRM (HDAEAFAJ)
Keywords
Where CredAble is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices7 records
Markets served
CredAble business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others
Revenue model
- SaaS Subscription Fees: Banking SaaS and Enterprise SaaS platforms provided on subscription basis to financial institutions and corporates for working capital technology solutions
- Transaction/Processing Fees: Fees earned on processed invoices, financed transactions, and loan disbursements through the platform across receivables financing, invoice discounting, and supply chain finance
- Lending Interest Income: Interest income from working capital loans extended to SMEs through the NBFC entity, including sales invoice discounting, purchase order financing, and working capital demand loans
- Technology Partnership Fees: Revenue from white-labeled technology deployments and API-based product licensing to banking partners like Citi
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Collateral-free working capital financing for SMEs with quick disbursements |
| Subscription | Monthly | Banking SaaS and Enterprise SaaS platforms |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
CredAble product offering
Product offeringCore offering
CredAble is a working capital technology company that builds cloud-native SaaS platforms for banks and corporates to launch and scale supply chain finance, receivables/payables financing, and embedded lending programs. It also operates an RBI-registered NBFC that extends collateral-free working capital loans directly to SMEs, and offers API products for financial statement analysis, ERP connectivity, and DPI-based invoice validation.
Product overview
CredAble is a multi-platform working capital technology company offering four integrated solution areas: (1) Banking SaaS - technology platforms for banks to launch and scale supply chain finance and lending products; (2) Enterprise SaaS - liquidity management infrastructure for corporates covering payables and receivables financing; (3) Structured Trade - inventory optimisation solutions including Flash Title Trade and just-in-time inventory financing; (4) Lending - collateral-free SME working capital financing through its RBI-registered NBFC subsidiary. The platform integrates AI-powered loan origination, embedded finance, data analytics, and API products (Financial Statement Analyser, ERP Connectors, Invoice Validation Platform) to enable $21 billion+ in annual working capital facilitation across 175+ corporate clients, 100+ financial institutions, and 350,000+ small business borrowers.
Differentiator
Problem solved
Functional benefit
Products and services
- Banking SaaS Working capital technology and BaaS infrastructure for banks to launch and scale credit products including supply chain finance, loan origination, and embedded finance solutions.
- Enterprise SaaS Liquidity management infrastructure for large and mid-sized corporates covering payables financing, receivables financing, early payment programs, and trade receivables securitisation.
- Structured Trade Tailor-made trade finance structures including Flash Title Trade and just-in-time inventory financing that strengthen and streamline supply chains for corporates.
- Lending (NBFC) Collateral-free working capital financing extended to SMEs through Equentia Financial Service Private Limited NBFC covering startup financing, invoice discounting, purchase order financing, and working capital demand loans.
- AI-Powered Loan Origination System Low-code AI-powered platform for designing, launching, and scaling lending programs with embedded credit policy, automated decisioning, and configurable approval flows.
- Embedded Finance Platform Full-stack platform that enables banks and corporates to embed financing offerings within non-financial platforms and partner ecosystems.
- Pre-Shipment Financing Platform Bank platform for financing supplier working capital at the purchase order stage with digital validations, structured disbursement, and milestone-based monitoring.
- Post-Shipment Financing Platform Bank platform to digitise and automate invoice discounting and early payment programs with integrated monitoring and automated approval workflows.
- Receivables Financing Platform Bank platform for financing receivables with digital underwriting and automated settlement tracking to accelerate corporate cash flows.
- Portfolio Receivables Purchase Platform Platform enabling banks to acquire and manage receivables portfolios with portfolio-level funding and automated eligibility checks.
- Inventory Financing Platform Bank platform financing inventory across supply chains with structured monitoring, enabling just-in-time inventory holding without disrupting operations.
- Deep-Tier Financing Platform Platform for banks to extend financing beyond Tier 1 suppliers with visibility across multi-tier vendor networks.
- Asset Distribution Governed ecosystem enabling multi-bank participation in financing programs through distribution of originated assets across partner institutions.
- Data Analytics / Early Warning Intelligence Bank analytics platform delivering structured portfolio insights, real-time credit risk monitoring, and early warning credit signals to speed up approvals and cut operational costs.
- Financial Statement Analyser (API) AI-powered API product that extracts and analyses financial statement data to support faster and more accurate credit decisions for banks and lending institutions.
- ERP Connectors (API) API product that connects enterprise ERP systems to financing workflows, enabling real-time data exchange without manual uploads.
- Invoice Validation Platform (API) API product that validates trade invoices in real time against government-verified DPI data, checking invoice numbers, dates, values, and transport data.
- Payables Financing Platform Corporate platform that boosts supplier liquidity by automating structured early payment and invoice discounting programs across the supplier base.
- Trade Receivables Securitisation (TRS) Structured capital market instruments backed by trade receivables, converting receivables into tailored digital assets for corporates seeking alternative funding.
- Early Payment Platform End-to-end integrated early payment program that automates invoice discounting across supplier ecosystems for enterprise clients with deep ERP integration.
- Startup Financing Unsecured debt financing for funded tech startups providing quick working capital access without equity dilution, delivered through the NBFC.
- Sales Invoice Discounting Collateral-free working capital product that unlocks immediate cash by leveraging funds trapped in unpaid sales invoices for SMEs.
- Purchase Order Financing Upfront working capital financing against approved purchase orders to cover supplier payments and meet pre-shipment needs for SMEs.
- Purchase Invoice Discounting Short-term financing of business-related purchases with instant payment benefits enabling SMEs to avail discounts from suppliers.
- Working Capital Demand Loan Short-term credit loans for SMEs where interest is charged only on the amount utilised from the assigned credit limit, providing flexible working capital.
- Revenue-Based Financing Capital access for SMEs without equity dilution or burdensome debt, with repayments tied to business revenue.
Quantifiable outcome
- $21 billion+ working capital enabled
- +6 more outcomes
Companies that use CredAble
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles3 records
CredAble technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature8 records
CredAble partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered supportive and core.
- OnafriqsupportivePartnership through Visa Africa Fintech Accelerator for digital credit solutions, expanding CredAble's reach into African markets.
- CiticoreStrategic technology partnership where CredAble provides a white-labeled digital trade finance platform for Citi, integrating DPI-led invoice validation that checks over 10 critical fields against government-backed digital infrastructure. The partnership enables real-time invoice verification for Citi's corporate clients and suppliers.
- ChekksupportivePartnership to enhance digital onboarding, compliance, and risk assessment for financial institutions in APAC, MENA, and Europe. The collaboration leverages Chekk's multi-source data engine and CredAble's working capital solutions to enable faster, secure, and cost-effective onboarding processes.
- Visa Africa Fintech AcceleratorsupportiveParticipation in Visa accelerator program providing market access, mentorship, and credibility for African market expansion.
Scale indicators10 records
Recent moves6 records
Expansion highlights7 records
CredAble competitors and assessment
Company assessmentDirect peers
- KredX: KredX is an Indian supply chain finance and invoice discounting platform that enables SMEs to get early payments on receivables. It is directly comparable to CredAble as both offer receivables financing and invoice discounting solutions targeting Indian businesses, with similar bank and corporate partnerships.
- Vayana Network: Vayana Network is an Indian trade finance network connecting businesses with banks and financiers for receivables financing and supply chain finance. It is highly comparable to CredAble as both provide digital trade finance platforms with bank integrations and serve corporates seeking working capital solutions.
- M1xchange (Mynd Solutions): M1xchange operates one of India's leading TReDS (Trade Receivables Discounting System) platforms for MSME invoice financing, regulated by RBI. It is a direct peer to CredAble's receivables financing and supply chain finance products, particularly competing in invoice discounting and supplier financing for large corporates and their MSME vendors.
- Cashflo: Cashflo is an Indian fintech providing working capital solutions including early payment programs and invoice discounting for corporates and their suppliers. It directly competes with CredAble's Enterprise SaaS and structured trade offerings by automating payables financing and supplier onboarding for large enterprises.
- Setu (Indus Valley Labs): Setu is an Indian API infrastructure platform enabling embedded finance, including lending, insurance, and payments. It is comparable to CredAble as both offer embedded finance and API-based financial service platforms targeting banks, NBFCs, and corporates seeking to launch digital lending products.
- Open (Open Financial Technologies): Open is an Indian fintech providing business banking and financial automation platform for SMEs and startups, including banking APIs, expense management, and working capital products. It is a direct peer to CredAble as both offer integrated SaaS-plus-finance solutions combining software tools with embedded lending capabilities for the Indian SME market.
- Finbox (Finyx): Finbox is an Indian embedded finance and lending infrastructure platform providing credit underwriting APIs and embedded lending for NBFCs and banks. It is comparable to CredAble's AI-powered loan origination and embedded finance offerings, particularly in enabling partners to launch digital lending products.
Regional players
- Lendingkart: Lendingkart is an Indian NBFC providing working capital and SME loans using data-driven credit assessment. It is comparable to CredAble's NBFC lending arm (Equentia Financial Service) as both extend collateral-free working capital to Indian SMEs using alternative credit data, though Lendingkart focuses more on direct lending versus CredAble's integrated SaaS+lending model.
Emerging players
- Velocity (Velocity.in): Velocity is an Indian fintech platform providing working capital solutions including revenue-based financing and invoice discounting for growing businesses. It is comparable to CredAble's lending products targeting SMEs and startups with collateral-free working capital, with similar focus on revenue-based financing and sales invoice discounting.
- Karbon Business (formerly KarbonCard): Karbon Business is an Indian fintech offering corporate cards, expense management, and working capital financing for SMBs and startups. It is an emerging peer with partial overlap to CredAble's SME-focused lending and Enterprise SaaS offerings, particularly in serving the technology startup segment with embedded finance and working capital solutions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks2 records
Key highlights7 records
Customer concentration
CredAble social profiles
Digital presenceCredAble compliance and trust
Trust signalCompliance4 records
CredAble financial estimates
Financial estimateRevenue estimate
Valuation estimate
CredAble leadership team
Management profileNumber of profiles
Profiles14 records
CredAble subsidiaries and ownership
Company hierarchySubsidiaries2 records
CredAble funding detail
Funding detailFunding overview
Funding rounds7 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CredAble M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CredAble
What does CredAble do?
CredAble is a working capital technology company that builds cloud-native SaaS platforms for banks and corporates to launch and scale supply chain finance, receivables/payables financing, and embedded lending programs. It also operates an RBI-registered NBFC that extends collateral-free working capital loans directly to SMEs, and offers API products for financial statement analysis, ERP connectivity, and DPI-based invoice validation.
Is CredAble a public or private company?
CredAble is a private company. It is classified as venture growth investor backed and is currently operating.
When was CredAble founded?
CredAble was founded in 2017. It employs 251 to 500 people.
Where is CredAble based?
CredAble is headquartered in Mumbai, India, in the Asia region.
How does CredAble make money?
Four revenue lines are on record. SaaS Subscription Fees are the primary driver. The others are transaction/Processing Fees, lending Interest Income and technology Partnership Fees.
Who are CredAble's main competitors?
Direct peers on record are KredX, Vayana Network, M1xchange (Mynd Solutions), Cashflo, Setu (Indus Valley Labs), Open (Open Financial Technologies) and Finbox (Finyx). Lendingkart is listed as a regional player. Emerging players are Velocity (Velocity.in) and Karbon Business (formerly KarbonCard).
Does CredAble have an API?
Yes. CredAble offers API Products including: Financial Statement Analyser (AI-powered financial analysis for faster credit decisions), ERP Connectors (seamless ERP integration to financing workflows), and Invoice Validation Platform (validate trade invoices instantly with government-verified data). The APIs enable digital integration with enterprise systems and trade finance operations. No public API documentation URL, SDK languages, or rate limits specified in available sources.
What industry is CredAble in?
CredAble's product category is Working Capital Technology / Supply Chain Finance Software. Its primary akta.pro industry code is HDAEAFAJ, CRM Data Quality, Enrichment & CDP-Adjacent CRM. Its NAICS code is 513210 and its SIC code is 7372.