What is Credibly?
Credibly operates as a high-growth fintech lending platform designed to empower small and medium-sized businesses with essential working capital. By moving beyond traditional credit scoring models, the company utilizes proprietary data analytics to assess business health, thereby facilitating more inclusive and efficient access to financing. Its digital-first approach streamlines the loan application and servicing lifecycle, providing a seamless experience for borrowers across various industries. Positioned at the intersection of financial technology and commercial lending, Credibly addresses the persistent demand for agile, non-bank credit alternatives in an increasingly digitized economy.
How much funding has Credibly raised?
Credibly has raised a total of $340M across 3 funding rounds:
Series A
$10M
Debt
$70M
Debt
$260M
Series A (2015): $10M, investors not publicly disclosed
Debt (2016): $70M led by SunTrust Bank and AloStar Bank of Commerce
Debt (2026): $260M supported by Medalist Partners and Truist
Key Investors in Credibly
Medalist Partners
Medalist Partners is a New York-based institutional investment management firm specializing in structured credit and asset finance for pensions, endowments, and family offices.
Truist
Truist Financial is a major U.S. bank holding company providing comprehensive banking, investment, and insurance services through an extensive digital and physical network.
SunTrust Bank
SunTrust Bank is a diversified financial services holding company offering a broad range of deposit, credit, and wealth management solutions to consumer and corporate clients.
What's next for Credibly?
With the successful completion of this major strategic investment, Credibly is well-positioned to accelerate its market expansion and enhance its underwriting capabilities. The company is expected to focus on scaling its digital infrastructure to support higher loan volumes while refining its risk assessment models to maintain portfolio quality. As the fintech sector matures, Credibly's strategic roadmap likely involves deepening its integration with existing financial ecosystems and exploring new product verticals to further support the growth of its SME clientele. This capital infusion provides the necessary runway to solidify its competitive advantage and drive long-term value creation in the alternative lending space.
See full Credibly company page
