# Credible X

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/credible-x

- Industry: Financial Services
- Headquarters: Abu Dhabi, United Arab Emirates
- Website: www.crediblex.io
- Total disclosed funding: $15M
- Latest round: Series A (May 6, 2026)
- Investors on record: 2

## About

Based in Abu Dhabi, United Arab Emirates, and founded in 2023 by Ahmad Malik, Anand Nagaraj, and Hassan Reda, Credible X Limited operates as a provider of financial technology that provides embedded financing solutions for SMEs, enabling flexible insurance premium payments and access to working capital for suppliers and buyers in various industries. In May 2026, Credible X Limited raised USD 15 million in series A funding led by Mubadala Capital, with participation from Further Ventures.

The company's core offerings include receivable financing, payable financing, and revenue-based financing, enabling SMEs to access diverse and efficient financial options based on their unique operational needs. These solutions streamline the financing process through a fully digital application that allows SMEs to apply for loans effortlessly. By integrating these financing solutions into various SME ecosystems, Credible X serves a broad client base, including suppliers, distributors, and direct SMEs across diverse industries. The products are primarily offered in the Middle Eastern market, particularly within the Abu Dhabi region. 

The company will use the May 2026 funding to expand operations, scale its partner network and marketplace, and enhance its technology and data capabilities.

## Funding rounds

- Series A, May 6, 2026, $15M — Mubadala Capital, Further Ventures
- Seed, Dec 13, 2024 — Further Ventures

## Investors

- Further Ventures (https://capitalatlas.ai/funds/further-ventures) — Seed, Series A
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series A