- Headquarters
- Nairobi
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- credrails.com
- Total Funding
- $2.5M
- Last Round
- $2.5M SeedJan 2022
- Rounds
- 1
About
Credrails is an automated financial reconciliation platform built for banks, fintechs, mobile money operators, and financial services companies in Africa. Founded in 2020 and headquartered in Nairobi, Kenya, the platform enables organizations to automate transaction reconciliation across bank transfers, POS, card payments, bill payments, insurance, wallets, and mobile money channels. Core features include multi-source data integration, duplicate transaction detection, missing transaction identification, cash balance validation, chargebacks and reversals reconciliation, and real-time reporting. The platform is currently deployed in Kenya and Nigeria, serving CFOs, financial controllers, operations teams, and customer support teams at companies like Nomba. Credrails is PCI DSS SAQ validated.
Summary
Credrails is a Fintech company based in Nairobi, Kenya, founded in 2020. It has raised $2.5M in total across 1 round, most recently a $2.5M Seed round in Jan 2022. Investors include Precursor Ventures, Samos Investments and Unicorn Growth Ventures.
Funding History
Jan 2022
Investors
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