News & Views

04.05.2018

Fintonia portfolio company CredoLab raises US$1m from Walden International to fund global expansion

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Fintonia portfolio company CredoLab raises US$1m from Walden International to fund global expansion

CredoLab raises funds to accelerate global expansion.

Fintonia portfolio company CredoLab recently announced it had successfully raised US$1m from Walden International to fund its global expansion.  The investment follows the company’s pre-series A funding of over $1 million in June last year led by Fintonia Group.

In the last 12 months, CredoLab has partnered with almost 30 consumer lending institutions and generated millions of data sets and credit scores for clients across Southeast Asia, China, Latin America, Africa, and the Commonwealth of Independent States.

Fintonia's Chairman Adrian Chng co-founded CredoLab along with CEO Peter Barcak and Chairman Greg Krasnov.  

You can read more here and here.