New Delhi-based fintech startup, CredFlow, has successfully raised $3.7 million from its current investors, Inflexor Ventures and a prominent family office based in Singapore. The funding will support the scaling of its financial services and lending operations, as well as enhance its technology and innovation.
Kunal Aggarwal, the founder of CredFlow, stated that the capital will primarily fuel the expansion of CredFlow Finance, the company’s embedded digital lending arm, and help them work towards obtaining an NBFC (Non-Banking Financial Company) license.
Previously, CredFlow raised $9.2 million across two venture rounds, with investors including Omidyar Network, Stellaris Venture Partners, and Flourish Ventures.
CredFlow offers a suite of payment-related services tailored for small and medium businesses, including invoice collection, payment acceptance, cash flow management, and financial analysis. The company plans to continue expanding its service offerings to better serve small businesses with a range of financial solutions.
