CredAble has announced its global expansion into Singapore, Australia, Philippines, Indonesia, South East Asia, the UAE, UK, Middle East and the US. This expansion introduces its advanced Banking-as-a-Service (BaaS) offerings, reshaping global financial service engagement.

The fintech aims financial institutions through API-driven working capital tech and BaaS offerings, spanning pre- to post-shipment financing, embedded finance, and beyond banking services for SMEs. This allows banks to tap into Enterprise and SME segments, unlocking substantial revenue avenues.

"CredAble is now in a unique position to help global FIs seize new revenue opportunities by offering them state-of-the-art BaaS platform to build and launch their own regulatory-compliant working capital financing solutions. Moreover, At CredAble, our goal is to become a trusted partner for businesses globally, offering them the financial tools they need to thrive and navigate the complexities of today's interconnected supply chains in the financial ecosystem," said Nirav Choksi, CEO and co-founder.

“CredAble's Banking-as-a-Service (BaaS) is the key that unlocks a world of new revenue possibilities for financial institutions. By leveraging this innovative approach, Banks can quickly craft bespoke yet scalable solutions tailored to the needs of burgeoning and diverse enterprise and SME ecosystems,” said Satyam Agrawal, global head of product and MD, International Business (Asia Pacific and ME).

The international expansion would help CredAble's drive to transform global supply chains with working capital solutions. BaaS platform enables infrastructure to have seamless access to on-time working capital, cash flow management, and forecast, strengthening global supply chains & trade finance.

Credible was founded in 2017 by Nirav Choksi and Ram Kewalramai as a working capital technology platform.