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160 Robinson Rd, #14-04
Sit Rd, SBF Center, Singapore 068914

ProCredit, a tech-enabled lender focusing on SMEs in the Philippines, has just celebrated an achievement. The company successfully secured $4.1M in a pre-seed funding round.

  • Investor Line Up: This funding milestone was led by Integra Partners and investors including the Menardo Jimenez Family Office, M Venture Partners (MVP), Cento Ventures, Gobi Partners (through the Gobi-Core Philippine Fund), alongside several local angels.
  • Expanding Reach: With this fresh injection of capital, ProCredit is set to significantly broaden its loan book. The company is not just looking at organic growth; it’s also exploring inorganic opportunities to ramp up its financial offerings.
  • Seeking Collaborations: ProCredit, founded by Adnan Agha and Dwaipayan Mitra, is actively seeking dialogues with a variety of stakeholders, including debt and equity investors, key players in the Philippine market, potential borrowers, and future partners, to forge meaningful collaborations
  • Innovative Approach: The company stands out for its client-centric approach, utilizing a rules-based architecture for underwriting and portfolio management. Its product offerings are not only flexible but also feature risk-based pricing, aiming to slash operating costs while elevating customer experience.

ProCredit is eyeing a potential expansion into the banking realm, a move that would enable the fintech pioneer to present a comprehensive suite of lending solutions to its mid-market SME clientele, addressing a critical market gap.

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