How much funding has ProCredit raised?

ProCredit has raised $4.1M in total funding, most recently a Pre-Seed round.

Who are ProCredit's investors?

ProCredit's investors include Integra Partners, M Venture Partners, Cento Ventures, Gobi Partners.

Where is ProCredit headquartered?

ProCredit is headquartered in Manila, Philippines.

ProCredit

Tech-enabled SME lending for the Philippines

Manila, Philippines · $4.1M raised

Fintech

Headquarters: Manila
Employees: 11–50
Business Model: B2B
Website: procredit.ph

Total Funding: $4.1M
Last Round: $4.1M Pre-SeedFeb 2024
Rounds: 1

About

ProCredit Financing Corp. is a tech-enabled SME lender based in the Philippines, founded by a senior team with over 50 years of combined emerging markets SME-lending experience from institutions including Citigroup, Standard Chartered, ANZ, and the Asian Development Bank. The company employs a credit-first client engagement model with rules-based underwriting, portfolio management architecture, and flexible product offerings with risk-based pricing and alternative credit scoring. ProCredit aims to become one of the largest SME lenders in the Philippines by closing the credit gap in the mid-market SME segment, which has historically been underserved by traditional banks. Its approach combines deep domain expertise with technology to deliver best-in-class customer experience for Philippine businesses seeking growth capital.

Summary

ProCredit is a Fintech company based in Manila, Philippines. It has raised $4.1M in total across 1 round, most recently a $4.1M Pre-Seed round in Feb 2024. Investors include Integra Partners, M Venture Partners and Cento Ventures.