Germany's Credibur secures $2.2 million fund to establish a credit infrastructure platform
Berlin-Based Fintech Startup Credibur Secures $2.2 Million in Pre-Seed Funding
Berlin, Germany - Fintech startup Credibur, founded in 2024 by Nicolas Kipp, has emerged from stealth mode and secured $2.2 million (approximately €1.85 million) in a pre-seed funding round. The funding round was led by European fintech venture capital firm Redstone, with participation from MS&AD Ventures, Inovia Capital, and several unnamed business angels from the fintech sector.
Credibur offers a modular API- and AI-first software platform designed to revolutionize the management of structured credit facilities between non-bank lenders and institutional capital providers. The platform aims to digitalize and streamline the entire credit lifecycle, automating and centralizing workflows traditionally reliant on fragmented tools and spreadsheets.
The platform supports the full lifecycle of institutional funding, including structuring, reporting, contract management, capital calls, and the administration of special purpose vehicles (SPVs). It covers drawdown automation, SPV setup, covenant monitoring, portfolio analytics, institutional reporting, and backup servicing in case of defaults.
By digitizing and automating these processes, Credibur reduces manual reporting by up to 90%, increases transparency for capital providers, and significantly lowers capital costs. The company is already piloting its platform with initial customers and aims to target the €430 billion private credit market in Europe, helping its clients scale credit operations more efficiently.
Nicolas Kipp, founder and CEO of Credibur, brings proven expertise in credit business complexity. He co-founded Banxware and served as chief risk officer at Ratepay, positioning Credibur as a key player in modernizing debt facility management infrastructure in the private credit sector.
The funding will be used to further develop Credibur's API- and AI-first infrastructure, acquire new customers, and grow its team. With the support of its investors, Credibur is poised to make a significant impact in the European private credit market, digitalizing and streamlining debt facility management for non-bank lenders and institutional investors.
Technology integration will be a key focus for Credibur as they further develop their API- and AI-first infrastructure with the funding received. This advanced technology is expected to revolutionize the management of structured credit facilities between non-bank lenders and institutional capital providers in the finance sector.
