Singapore based Fintech Lending Solution Provider CrediLinq.Ai Secures SGD 1.35M via New Funding Round
Summary
Investors in the firm’s round included Brandon Tee of B7 Capital, Sandeep Uberoi of Jungle Ventures, and software company Aerion Technologies. The proceeds from the raise will allow CrediLinq.Ai to further expand its professional team, make updates to its technology and products, while accelerating the execution of its go-to-market strategy by financing its first set of loans. Established last year by Deep Singh, an experienced banker and entrepreneur specializing in corporate and commercial finance, CrediLinq.Ai will create a more inclusive, accessible, all-digital, and seamless customer journey. Banks and credit asset management firms face challenges when trying to scale operations because of the conventional underwriting approach and a lack of proper automation within their sectors. “As a passionate believer in the possibilities of technology disrupting the banking and credit sector, our platform aims to pave the way for all businesses to have better access to growth capital.