Diligence memo · auto-generated · as of July 2, 2026
Kredete
Kredete has raised $2.3M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Kredete is a private company, based in Nigeria, Africa. Nigeria’s Kredete, a financial software platform focused on enabling African immigrants to build credit scores and send money back home, has raised US$2.25 million in seed funding to help it further scale across the continent, having already built a presence in 20 African countries.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Kredete has raised $2.3M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.3M on 2024-09-02.
Most recent recorded round closed around 2024-09-02.
Valuation (modeled)modeled
Provath models Kredete at approximately $8.9M (range $2.0M–$23M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 99% of sector peers (8525 compared).
Modeled value ranks above 98% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.