The investment round was led by venture capital firm Janngo Capital and attracted participation from existing backer Assembly Investors, alongside new investors Vastly Valuable Ventures and Unipeg Capital.

Founded to address gaps in Africa’s credit ecosystem, CreditChek provides lenders with access to credit, identity, income, and alternative data through a single application programming interface (API). The platform brings together information from credit bureaus, financial institutions, open banking systems, and other data providers, enabling banks, fintechs, and microfinance institutions to evaluate borrowers more efficiently and reduce lending risks.

The company said the new capital will be used to strengthen its presence in East Africa by expanding data integrations and building partnerships with banks, fintech companies, and microfinance lenders across the region.

“Access to high-quality credit data remains a major bottleneck for financial services growth across many African markets,” said Kingsley Ibe, co-founder and chief executive officer of CreditChek.

“We’re building the data infrastructure that allows lenders to access richer, more reliable insights. 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.”

CreditChek operates in a market where many lenders still struggle with fragmented borrower information, making it difficult to accurately assess creditworthiness. The company’s platform is designed to address this challenge by consolidating data from multiple sources into a single system that can deliver real-time risk assessments. According to the company, its services are already being used by more than 100 businesses across markets including Nigeria, Kenya, and Uganda.

The startup has been steadily expanding its footprint in Africa’s financial services sector. Earlier, the company focused on helping lenders assess the creditworthiness of African consumers across borders, particularly migrants whose financial histories often do not transfer between countries. Its technology significantly reduced integration timelines for financial institutions seeking access to credit intelligence tools.

Fatoumata Bâ, founder and executive chair of Janngo Capital, said CreditChek has demonstrated strong growth and execution in the credit infrastructure market.

“We are proud to lead this funding round in CreditChek, a company building the credit data infrastructure Africa needs to scale responsible lending,” she said.

“With over $60 million in credit applications processed across one 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.”

The investment highlights growing investor interest in financial infrastructure startups that support lending and financial inclusion across Africa. Janngo Capital, which invests in technology-driven companies addressing key development challenges on the continent, has backed businesses across sectors including financial services, healthcare, logistics, and agriculture.

As digital lending continues to expand across Africa, access to reliable credit data is increasingly viewed as critical to reducing defaults and extending financing to individuals and small businesses that remain underserved by traditional banking systems.