Berlin-based startup Credibur has secured $2.2 million in pre-seed funding to launch its credit infrastructure platform.
The funding round was led by European FinTech VC Redstone, with contributions from MS&AD Ventures, Inovia, and several angel investors.
Credibur was founded by Nicolas Kipp, co-founder of the embedded lending platform Banxware and chief risk officer at Ratepay. Kipp experienced firsthand how funding and reporting processes can create operational bottlenecks that inhibit growth.
With Credibur, Kipp and his team of ten aim to build infrastructure that addresses a key issue in the structured credit portfolio business between non-bank lenders and institutional capital providers. The platform automates complex, Excel-based workflows and delivers critical decision-making data in real-time.
Many institutional capital providers still depend on manual processes or outdated systems. Credibur aims to revolutionize this by offering a modular, API-and-AI-first infrastructure that enhances risk assessment and decision-making in the credit industry.
With the funding secured, the startup has exited stealth mode and is launching with its first pilot customers.
“DPM is the underestimated Achilles’ heel in non-bank lending—operationally complex and technologically neglected. With Credibur, we’re digitalizing this final frontier in the value chain and efficiently connecting institutional capital with new credit models,” says Kipp.