Delhi-based fintech startup CredFlow has secured $3.7 million (Rs 31.2 crore) in a Pre-Series B funding round, led by Inflexor Ventures and a Singapore-based family office. The funds are earmarked for expanding its financial services and lending verticals, advancing technology, and fostering innovation.
The fintech company, which has previously raised $9.2 million across two funding rounds, provides a tech-based platform aimed at addressing financial challenges for small and medium enterprises (SMEs). Its offerings include invoice collection, payment management, automated reminders, financial analytics, and customer relationship management tools. The platform aspires to serve as a full-stack solution for SMEs, helping them improve cashflow and streamline financial management.
With the fresh funding, the company plans to scale its lending services, introduce new SME-focused products, and hire talent to support its growth. The startup also aims to position itself as a comprehensive financial operating system for SMEs in India.
CredFlow CEO Kunal Aggarwal said, “The latest Pre-Series B fundraise reflects the unwavering trust our investors place in our team’s dedication to empowering SMBs and enhancing their cashflow. These funds will drive the expansion of our embedded digital lending arm, CredFlow Finance, and mark a significant step towards acquiring our NBFC license.”
India’s SME sector, which contributes nearly 30% to the GDP and employs millions, often faces challenges in managing cashflows and securing affordable credit. The fintech company’s platform addresses these issues by providing tools that enhance financial efficiency and support growth.
The embedded finance market, including digital lending and payment solutions, is projected to grow significantly in the coming years. This positions the startup to tap into new opportunities while expanding its services and refining its solutions for SMEs.
With this funding round, CredFlow intends to accelerate growth, enhance its existing platform with additional features, and move closer to obtaining an NBFC license. This development could further cement its role in the evolving financial services space for SMEs.
