Delhi-based fintech startup Credit flow secured $3.7 million (Rs 31.2 crore) in a pre-Series B round funding round, led by Inflexor Ventures and a family office based in Singapore. The funds are aimed at expanding its financial services and lending verticals, advancing technology and promoting innovation.
The fintech company, which has already raised $9.2 million across two funding rounds, provides a technology platform aimed at addressing the financial challenges of small and medium-sized businesses (SMEs). Its offerings include invoice collection, payment management, automated reminders, financial analysis and customer relationship management tools. The platform aspires to serve as a comprehensive solution for SMEs, helping them improve their cash flow and streamline their financial management.
With this new funding, the company plans to expand its lending services, introduce new SME-focused products and hire talent to support its growth. The startup also aims to position itself as a complete financial operating system for SMEs in India.
CEO of CredFlow Kunal Aggarwal said: “The latest pre-Series B fundraising reflects the unwavering confidence our investors have in our team’s dedication to empowering SMEs and improving their cash flow. These funds will drive the expansion of our integrated digital lending arm, CredFlow Finance, and mark an important step towards acquiring our NBFC license.
India’s SME sector, which contributes nearly 30% to GDP and employs millionsoften faces difficulties managing cash flow and obtaining affordable credit. The fintech company’s platform addresses these issues by providing tools that improve financial efficiency and support growth.
The embedded finance market, including digital lending and payment solutions, is expected to witness significant growth in the coming years. This allows the startup to exploit new opportunities while expanding its services and refining its solutions for SMEs.
With this funding round, CredFlow intends to accelerate its growth, enhance its existing platform with additional features and move closer to obtaining an NBFC license. This development could further strengthen its role in the evolving SME financial services space.