CredRails
Connecting bank, mobile, and offline financial data into a single API across Africa.
What it does
Founded in 2020 by Clara Odero and Teresia Kairu, CredRails is an open banking and financial reconciliation platform connecting banks, mobile money, and offline data into a unified API infrastructure. CredRails provides businesses with automated multi-way transaction matching, fraud prevention, and real-time bank statement retrieval across Pan-African markets.
Data AggregationAutomated ReconciliationFinancial Analytics APIFraud Prevention
Known for
- Pan-African Open Banking API
- Automated reconciliation infrastructure
- Multi-source financial data aggregation
Model & industry
B2BAPISaaSFinancial ServicesFintechEnterprise Software
Funding history
$5.0M
Total raised
2
Rounds
Seed
Latest stage
2022
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2022-01 | Seed | $2.5M | — |
Source: Condia Funding Tracker
Products & subsidiaries
CredRails Reconciliation Engine · Automated Reconciliation PlatformCredRails Open Banking API · Data Aggregation API
People
Investors
Launch Africa VenturesSoftBank Opportunity Fund