Deals in brief: CrediLinq secures Series A funding, Vertex Ventures backs Quantified Energy, Ringkas raises 5.1 million, and more

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Deals in brief: CrediLinq secures Series A funding, Vertex Ventures backs Quantified Energy, Ringkas raises 5.1 million, and more - KrASIA

Quick Summary:

The company’s underwriting engine integrates with procurement, e-commerce, banking, and payments platforms, using real-time transaction data instead of traditional bank statements to assess creditworthiness.

The round was co-led by OMVC and MS&AD Ventures, with participation from Citi Ventures, 500 Global, 1982 Ventures, Big Sky Capital, the Rustem Family Office, and Epic Angels.

CrediLinq, a fintech startup based in Singapore, has raised an undisclosed amount in a Series A funding round to expand its embedded finance infrastructure for small and medium enterprises.