Nigerian Startup Creditchek Raises USD 240 K Pre-Seed Funding

Nigerian credit lending startup Creditchek, which enables both digital and traditional leaders reliably verify identity and assess the creditworthiness of potential customers, has raised USD 240 K in pre-seed funding. The funding was led by Atom Capital with participation from Aidi Ventures, Ham Serunjogi of Chippercash, Olumide Ogunsanwo of Adamantium Fund, Damola Adegboyega of Assembly Investors, Isaac Ewaleifoh of Launch Africa Ventures, and Ogundiran Kayode.

Creditchek provides three product features that digital lenders can incorporate into their applications or websites, as well as a no-code platform for traditional less smart enterprises. Clients can use its Income Insight feature to examine the user’s financial condition, acquire crucial insights on cash flow, and ascertain income to establish appropriate financing.