CredRight, an India-based non-banking financial company specialising in digital lending for micro and small enterprises, has reportedly secured $10m in a Series B funding round.
The investment was led by Abler Nordic through its new Fund V, with participation from existing investors Michael & Susan Dell Foundation and Unleash Capital, according to a report from Entrepreneur.
Founded in 2016, CredRight provides financial solutions to micro and small enterprises traditionally underserved by conventional lenders.
The company intends to use the fresh capital to expand its loan book, enhance its technology infrastructure, and extend credit access to entrepreneurs in tier II to tier IV towns, strengthening its focus on inclusive finance.
CredRight currently serves over 20,000 micro-enterprises, including shopkeepers and small traders. Its mission is to simplify the lending process for small business owners by offering collateral-free working capital loans through a tech-enabled approach.
Read the daily FinTech news
Copyright © 2025 FinTech Global
