CrediLinq gets new raise for global expansion

Singapore-based fintech company CrediLinq is expanding its reach with a new seed investment from MS&AD Ventures, Big Sky Capital, and previous investors. The exact amount of the investment has not been disclosed.

CrediLinq specializes in B2B financing and payment solutions, offering API solutions and alternative credit scoring and underwriting models to digital banks and funding partners to support SMEs in accessing capital.

The company has already signed deals with two unnamed public firms, and has multiple agreements in place with platforms in countries such as Singapore, Hong Kong, Malaysia, Australia, and Indonesia.

CrediLinq plans to use its latest investment to enter the global embedded finance market, which is expected to reach a value of US$248.8 billion by 2032. The company is also interested in strategic acquisitions across its key markets, such as Indonesia and Singapore, and aims to partner with more global companies.

Founded in 2021 by Deep Singh and Vikram Kotibhaskar, CrediLinq most recently raised US$2.6 million in a funding round led by 1982 Ventures and White Venture Capital, with additional support from 500 Global.