{"id":43888,"date":"2025-09-25T16:25:08","date_gmt":"2025-09-25T16:25:08","guid":{"rendered":"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion"},"modified":"2025-09-25T16:33:38","modified_gmt":"2025-09-25T16:33:38","slug":"kredete-secures-22m-for-credit-and-payments-expansion","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion","title":{"rendered":"Kredete Secures $22M for Credit and Payments Expansion"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Seychelles. <\/strong><\/span>Kredete, a Nigerian fintech startup focused on digital lending and credit access, has raised $22 million in Series A funding to scale its credit-building infrastructure and introduce stablecoin-powered transfers to African markets.<\/p>\n<p>The funding round, led by global venture firms with participation from regional fintech investors, positions Kredete to tackle Africa\u2019s persistent challenge of limited access to affordable credit.<\/p>\n<p>Despite rapid growth in mobile money and digital banking, more than 350 million adults across Africa remain unbanked or underbanked, with little or no access to credit history.<\/p>\n<p>\u201cOur vision is simple: if you support your family financially, that should count toward your creditworthiness,\u201d says Adeola Adedewe, Founder and CEO of Kredete. \u201cWe\u2019re building a system that rewards financial responsibility across borders. This raise is about scaling that infrastructure globally \u2014 and making sure that the millions of Africans abroad are finally seen, scored, and served.\u201d<\/p>\n<p>Kredete\u2019s platform leverages alternative data\u2014such as mobile transactions, utility payments, and digital footprints\u2014to create credit profiles for consumers who are often invisible to traditional banks.<\/p>\n<p>With this new capital, the company plans to deepen partnerships with lenders and expand its credit score APIs for fintechs and digital banks.<\/p>\n<p>Instagram hits 3 billion monthly users, cementing its place as world\u2019s top social media platform<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Seychelles<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Seychelles. Kredete, a Nigerian fintech startup focused on digital lending and credit access, has raised $22 million in Series A funding to scale its credit-building infrastructure and introduce stablecoin-powered transfers to African markets. The funding round, led by global venture firms with participation from regional fintech investors, positions Kredete to tackle Africa\u2019s persistent [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":43887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[2992,233],"class_list":["post-43888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-kredete","tag-seychelles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Kredete Secures $22M for Credit and Payments Expansion - Seychelles<\/title>\n<meta name=\"description\" content=\"Kredete, a Nigerian fintech startup focused on digital lending and credit access, has raised $22 million in Series A fun ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kredete Secures $22M for Credit and Payments Expansion\" \/>\n<meta property=\"og:description\" content=\"Kredete, a Nigerian fintech startup focused on digital lending and credit access, has raised $22 million in Series A fun ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion\" \/>\n<meta property=\"og:site_name\" content=\"Seychelles\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-25T16:25:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-25T16:33:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2025\/09\/sm_1758805595.398775.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Kredete Secures $22M for Credit and Payments Expansion\",\"datePublished\":\"2025-09-25T16:25:08+00:00\",\"dateModified\":\"2025-09-25T16:33:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion\"},\"wordCount\":230,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/seychelles\/sites\/30\/2025\/09\/sm_1758805595.398775.jpg\",\"keywords\":[\"Kredete\",\"Seychelles\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion\",\"url\":\"https:\/\/www.africa-press.net\/seychelles\/all-news\/kredete-secures-22m-for-credit-and-payments-expansion\",\"name\":\"Kredete Secures $22M for Credit and Payments Expansion - 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