AI news ·
Citi Backs CrediLinq’s $8.5M Series A to Expand AI-Driven B2B Embedded Finance Across US, UK, and Australia
CrediLinq raised $8.5M in Series A funding led by OM/VC and MS&AD Ventures, with Citi North America among investors. The AI-driven platform plans expansion into US, UK, and Australia.
Citi Backs CrediLinq’s $8.5M Series A to Expand AI-Driven B2B Embedded Finance
CrediLinq, a Singapore-based AI-powered B2B embedded finance platform, has secured $8.5 million in a Series A funding round. The round was led by OM/VC and MS&AD Ventures, with key investors including Citi North America, Rustem Family Office, 500 Global, Epic Angels, 1982 VC, and Big Sky Capital.
The fresh capital will support CrediLinq's expansion into the US, UK, and Australian markets. The company also plans to bolster its leadership in sales, marketing, product development, and technology. A significant portion of the investment will be used to enhance its AI-driven credit algorithms.
What CrediLinq Offers
CrediLinq provides a proprietary Credit-as-a-Service platform built around an API-first architecture. This enables B2B platforms and banks to easily integrate and develop financial products tailored for merchants. Its solutions span multiple verticals, including procurement, supply chain, e-commerce, freelancing, banking, accounting, and payments.
By leveraging transactional data and AI-powered credit models, CrediLinq's platform facilitates quick credit decisions and seamless checkout processes within partner ecosystems.
Leadership Insight
Vikram Kotibhaskar, co-founder of CrediLinq, highlighted the momentum behind embedded credit solutions. He stated, "By being integrated within platforms, our Credit-as-a-Service stack leverages API connectivity, transactional data and credit algorithms for quick decision-making and easy checkout within the partner ecosystem."
For finance professionals interested in the intersection of AI and embedded finance, CrediLinq’s approach is worth monitoring as it scales globally.