Credevia, a fintech startup headquartered in Singapore, aims to revolutionize the liquidity landscape for businesses with its platform that bridges liquidity with accounts receivables. Launched in 2022, the company addresses the financial challenges faced by small and medium enterprises (SMEs), especially exacerbated during the COVID pandemic.
The platform allows businesses to optimize cash flow through early invoice payments, thus providing them with crucial access to capital. The significance of this solution is heightened in Singapore, where SMEs account for 90% of local businesses.
Backed in a Pre Seed Round by Antler with an investment of $100.00K in August 2022, Credevia operates across the B2B, Finance, Financial Services, and Fintech industries. The company's offering is positioned as a low-cost, efficient alternative for businesses striving for sustained growth and financial resilience.