Credility Raises $38M to Propel Next-Gen Digital Lending Innovation

Credility, a trailblazer in Lending Tech Solutions under the esteemed i-XL Technologies umbrella, proudly announced a successful funding round that raised 38,000,000. This remarkable milestone underscores both the market’s robust confidence in Credility’s innovative approach and the company’s strategic vision for the future of financial lending. With over 15 years of expertise and trusted by more than 40 financial institutions across India, Credility has cemented itself as the mobility pioneer in a highly competitive industry. The fresh capital injection will power the continued evolution of its suite of domain-specific digital products, including goConnekt for lead management, goFTR for customer onboarding, CPM for channel partner management, QuickPD for credit personal discussion, goCollect for collection recovery, goAssist for customer service, VMS for credit verification, and goOriginate for loan origination. These cutting-edge products are designed to streamline operations by automating traditionally time-consuming tasks and ensuring paperless, efficient workflows. At its core, Credility operates on the fundamental values of trust and commitment, aiming not only to save time through innovative digital solutions but also to enhance manpower efficiency and drive cost savings for its clients. The newly raised funds will be strategically invested in refining these technologies further, expanding market reach, and scaling up customer support systems to meet evolving business needs in a rapidly transforming financial landscape. This injection of capital is set to empower Credility’s mission of providing flexible, tailored solutions that simplify processes for everyone from field executives to top management, ultimately revolutionizing how financial lending institutions operate in an increasingly digital world.