Fintech startup Credibur clinches $2.2 million in pre-seed financing
In a significant move for the private credit market, Berlin-based FinTech company Credibur has secured $2.2 million (€1.85 million) in pre-seed funding. This funding round was led by European FinTech VC Redstone, with participation from Silicon Valley's MS&AD Ventures and Canadian VC Inovia.
Credibur, founded by Nicolas Kipp, aims to streamline debt facility management for alternative lenders and institutional investors. Kipp, who has a background in the structured finance business, is positioned as the infrastructure layer between alternative lenders and institutional investors. His previous experience includes co-founding embedded lending platform Banxware and serving as Chief Risk Officer at Ratepay.
The platform goes beyond traditional reporting tools, orchestrating the full lifecycle of institutional funding. It replaces manual, error-prone processes (mainly Excel-based workflows) with an integrated SaaS infrastructure that streamlines the entire credit lifecycle, from drawdowns and SPV setups to covenant monitoring and portfolio analytics.
Timo Fleig, Managing Partner at FinTech VC Redstone, believes that Kipp's infrastructure can digitalize the €430 billion European private credit industry. Jon Soberg, CEO and Managing Partner at MS&AD Ventures, considers Credibur's solution as a classic infrastructure play with enormous scaling potential.
The fresh capital will be used for technical development of the API-and-AI-first infrastructure, customer acquisition, and team expansion. The solution targets alternative lenders such as buy now, pay later providers, factoring, and leasing companies, as well as institutional investors like asset managers, debt funds, and family offices.
One of the key roles of this funding in Credibur's mission is to build and enhance a modular, automated credit infrastructure that connects alternative lenders with institutional capital providers. This connection is expected to reduce manual reporting work by up to 90% and provide real-time, centralized data flows that improve risk assessment and decision-making in private credit operations.
The platform also aims to support the rapid growth of the private credit market by creating scalable, transparent debt facility management that addresses an operationally complex and technologically neglected area in non-bank lending. It enables clients to scale credit operations confidently by offering backup servicing to ensure continuity in case of defaults, thus lowering capital costs and increasing operational resilience.
The private credit market, a high-growth sector, faces operational challenges that Credibur aims to address with its digital solution. The European Central Bank reported that global private credit volume reached approximately €2.1 trillion in assets under management last year, with the volume of credit outside the banking sector, specifically in Europe, reaching €430 billion last year. Credibur's platform aims to digitize the final frontier in the value chain, efficiently connecting institutional capital with new credit models.
With the successful completion of this funding round, Credibur is launching with its first pilot customers after emerging from stealth mode. Several business angels from the FinTech scene also invested, including Malte Rau, Estelle Merle, Charlotte Pallua, and Bjarke Klinge Staun. Overall, the pre-seed funding propels Credibur’s development as the infrastructure layer automating and modernizing structured credit facilities, which is essential for increasing efficiency, transparency, and scalability in the burgeoning private credit market.
Credibur, with its digital solution, aims to streamline debt facility management for alternative lenders and institutional investors in the business sector, significantly contributing to the technology-driven modernization of the private credit market. The fresh capital secured by Credibur will be used for developing an API and AI-first infrastructure, customer acquisition, and team expansion, enabling the platform to target various alternative lenders and institutional investors.
