Credrails is a fintech startup based in Kenya founded in 2020 with the goal to create the "open finance rails for Africa". Their mission is to connect various data sources into a single API, enabling a wide range of use cases to be developed. The company recently secured a $2.50M investment in a Seed Round on 21 February 2022. The investment was led by Precursor Ventures and joined by Launch Africa, Samos, Unicorn Growth Capital, SoftBank Vision Fund Emerge Program, First Circle Capital, and Chris Adelsbach.
Credrails
Open finance rails for Africa.
Founded 2020
Nairobi, Kenya
31 employees
Seed
Total: $2.50M
Financial Services, Fintech
Nairobi, Kenya
31 employees
Seed
Total: $2.50M
Financial Services, Fintech
General Information
Company Name
Credrails
Founded Year
2020
Location
Nairobi, Kenya
Nairobi, Kenya
Employees
31
Industries
Financial Services, Fintech
Funding Stage
Seed
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Kenya Market
Financial Services
About Credrails
Business keywords: Open Finance, Africa, API, Data Integration, Banking, Mobile Money, Financial Inclusion
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | $2.50M | 7 |
|
21 Feb 2022 |
Credrails Alternatives & Competitors
View All Alternatives
Credrails vs
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Credrails vs
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Credrails vs
-logo.jpg "The Open Insurance Think Tank (OPIN)"){kind=logo}
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FAQ About Credrails
Open finance rails for Africa.
Credrails was founded in 2020.
Credrails is headquartered in Nairobi, Kenya.
Credrails operates in Financial Services and Fintech. Its work centres on Open Finance, Africa, API and Data Integration.
Credrails has approximately 31 employees.
Credrails has completed 1 funding round, raising a total of $2.50M. The latest funding stage is Seed.
Top alternatives and competitors to Credrails include Akahu, Unnax - A Powens Group Company, The Open Insurance Think Tank (OPIN), Afterbanks Arcopay, Open Bank Project. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Credrails and Akahu are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for Credrails, https://bouncewatch.com/company/credrails, updated 30 December 2024. When citing, please name BounceWatch and link this page.
