Singapore-based embedded finance startup CrediLinq has announced raising $8.5 million in its Series A funding round co-anchored by early-stage venture investor OM/VC and corporate venture capital firm MS&AD Ventures.
The round was also participated by new investors Citi North America and Rustem Family Office along with existing backers 500 Global, Epic Angels, 1982 VC, and Big Sky Capital.
CrediLing said it will use the fresh funding to accelerate its global expansion, starting with the US and subsequently into the UK and Australia.
Additionally, the company said it will strengthen its leadership bench in sales, marketing, product, and tech to support expansion in the target markets. Part of the funds will also be invested in enhancing the company’s technology stack.
“With this new funding, we are excited to deepen our partnerships, expand into new markets, and invest in senior talent and technology infrastructure that will support the next phase of our growth,” said CrediLinq founder and CEO Deep Singh.
Founded in 2021, CrediLinq is a technology infrastructure company that is enabling B2B platforms to offer embedded finance to their customers. It holds a Capital Markets Services licence from the Monetary Authority of Singapore and is ISO 27001 certified.
Its platform integrates directly into ecosystems such as Amazon, Lazada, and TikTok Shop, enabling frictionless access to working capital.
CrediLinq’s top sharesholders
CrediLinq co-founder Vikram Kotibhaskar said the momentum behind embedded credit continues to grow.
He noted that by integrating its Credit-as-a-Service stack directly within partner platforms, CrediLinq enables rapid decision-making through API connectivity, transactional data, and credit algorithms.
“This results in a fast, frictionless, and transparent customer experience and more ways for platforms to monetise their business,” Kotibhaskar said.
CrediLinq reported a revenue of $0.05 million in its financial year ended December 2023. Its losses increased to $2.38 million in the same year from $1.97 million a year earlier, according to filings accessed by DealStreetAsia’s DATA VANTAGE.
CrediLinq’s funding comes as venture capital funding for Southeast Asian startups rebounded sharply in April, primarily driven by a $150-million Series D investment in Singapore.
The regional deal value reached $342.6 million across 31 transactions in April, more than three times March’s $97.5 million.
