Janngo Capital leads investment round for CreditChek
CreditChek is a Nigeria-based credit infrastructure company.
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CreditChek, a Nigeria-based credit infrastructure company that enables fintechs, lenders, and financial institutions to assess risk, reduce defaults, and scale lending through credit and alternative data, has raised $600,000 to expand its data coverage across East Africa.
The round was led by Janngo Capital, with participation from existing investor Assembly Investors and new investors Vastly Valuable Ventures and Unipeg Capital.
The company aggregates credit data from multiple sources, including financial institutions, credit bureaus, and alternative data providers and standardises it into a unified API that lenders can use to assess borrower risk in real time.
With this new funding, CreditChek plans to deepen its integrations across key East African markets, working closely with banks, microfinance institutions, and fintech lenders.
“Access to high-quality credit data remains a major bottleneck for financial services growth across many African markets. We’re building the data infrastructure that allows lenders to access richer, more reliable insights,” said Kingsley Ibe, co-founder and CEO of CreditChek. “This funding allows us to scale our infrastructure and partnerships in East Africa, bringing us closer to a future where credit decisions are faster, more inclusive, and more reliable.”
“We are proud to lead this funding round in CreditChek, a company building the credit data infrastructure Africa needs to scale responsible lending. With over $60 million in credit applications processed across 1 million unique profiles and profitability already achieved in Nigeria, CreditChek has demonstrated both strong execution and product-market fit. By enabling lenders to make better decisions using alternative data, the company is helping expand access to financing for millions of underserved individuals and businesses while addressing Africa’s estimated $331 billion MSME financing gap,” said Fatoumata Bâ, founder and executive chair of Janngo Capital.
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