Lagos, Nigeria – June 9, 2026: CreditChek, a credit infrastructure company that enables fintechs, lenders, and financial institutions to assess risk, reduce defaults, and scale lending through credit and alternative data, has raised $600,000 to expand its data coverage across
East Africa.
The round was led by Janngo Capital, with participation from existing investor Assembly Investors and new investors Vastly Valuable Ventures and Unipeg Capital.
The funding comes at a time when access to reliable credit data remains one of the biggest constraints to lending across the region. While East Africa has seen rapid growth in digital financial services driven by mobile money adoption and a growing fintech ecosystem, lenders continue to face significant challenges accessing reliable and interoperable credit data.
As a result, underwriting remains costly, risk assessment is less effective, and access to credit remains limited for many individuals and businesses.
CreditChek is building the core credit infrastructure needed to solve that problem.
The company aggregates credit data from multiple sources, including financial institutions, credit bureaus, and alternative data providers and standardizes it into a unified API that lenders can
use to assess borrower risk in real time.
With this new funding, CreditChek plans to deepen its integrations across key East African markets, working closely with banks, microfinance institutions, and fintech lenders.
“Access to high-quality credit data remains a major bottleneck for financial services growth across many African markets. We’re building the data infrastructure that allows lenders to access richer, more reliable insights,” said Kingsley Ibe, Co-founder and CEO of CreditChek.
“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.”
“We are proud to lead this funding round in CreditChek, a company building the credit data infrastructure Africa needs to scale responsible lending. With over $60 million in credit applications processed across 1 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. “— Fatoumata Bâ, Founder
and Executive Chair of Janngo Capital.
CreditChek enters this expansion phase from a position of strength in Nigeria, where it has already demonstrated significant commercial traction. Last year, the company announced it had surpassed $60 million in credit applications processed across 1 million unique individual profiles
and achieved profitability in Nigeria. More recently, the company completed the MTN Cloud Accelerator, a milestone that helped strengthen its product and go-to-market readiness for scale.
Prior to this round, CreditChek received backing from Baobab Network and announced a partnership with Bboxx under the $750 million World Bank-funded DARES programme, which aims to expand solar financing to 17 million homes across rural Nigeria.
The East Africa expansion reflects CreditChek’s ambition to become a leading credit infrastructure provider across Africa, helping connect fragmented data ecosystems and enable more seamless cross-border credit decision-making.
About CreditChek
CreditChek is a credit infrastructure company building the data rails for more responsible lending across Africa. The company helps fintechs, lenders, banks, and other financial
institutions assess risk, reduce defaults, and expand access to credit by aggregating and standardizing data from multiple sources, including credit bureaus, financial institutions, and alternative data providers, into a unified API for real-time decision-making. Founded in 2021 by
Kingsley Ibe and Lionel Orishane, CreditChek has already processed over $60 million in credit applications across 1 million unique individual profiles and achieved profitability in Nigeria. The company is now expanding its footprint across East Africa as it works to become a leading credit infrastructure layer for African financial services. Learn more: www.creditchek.africa
Contact: kingsley@creditchek.africa
About Janngo Capital
Janngo Capital builds, grows, and finances pan-African digital champions that combine economic performance with inclusive social impact, driven by the conviction that technology and capital can accelerate development and the achievement of the SDGs in Africa.
Janngo Capital manages the largest gender-equality-focused tech fund in Africa, investing up to €5 million in startups that provide innovative solutions to market failures while creating large-scale employment, particularly for women and youth. 56% of our portfolio companies are women-led, and 67% were founded in Francophone Africa — including champions such as Sabi and Expensya. We operate under a full-AIFM alternative investment fund management license, with offices in Abidjan, Paris, and Mauritius. Our investments span multiple sectors including health, logistics, financial services, e-commerce, agribusiness, mobility, and creative industries.
Janngo Capital was recognized among the TIME100 Most Influential Companies in 2025 and received the TIME100 Impact Award for Equality.
Learn more: www.janngo.africa