Backed by Janngo Capital, CreditChek Expands Its Credit Intelligence Play Across East Africa

CreditChek has raised $600,000 in funding to expand its credit intelligence infrastructure across East Africa. This investment aims to address the challenge of fragmented and incomplete borrower data that lenders in the region face.

The round was led by Janngo Capital, with participation from Assembly Investors, Vastly Valuable Ventures, and Unipeg Capital. CreditChek plans to use this capital to deepen its presence in East Africa by integrating with banks, microfinance institutions, credit bureaus, and fintech lenders.

The Problem Creditchek Solves

In many parts of East Africa, where mobile money adoption has expanded financial access but reliable credit infrastructure hasn’t always kept pace, lenders struggle to access comprehensive borrower data. This makes it harder to price risk accurately and extend credit confidently—particularly when dealing with first-time borrowers.

CreditChek offers a solution by aggregating credit and alternative data from multiple sources and standardizing it through a single API. This allows lenders to assess risk more efficiently and make faster, more informed decisions.

Momentum From Nigeria

The company enters this expansion phase with notable momentum from its home market in Nigeria, where it has already processed over $60 million in credit applications across one million unique profiles and achieved profitability—a significant milestone for an infrastructure startup.

According to CreditChek’s co-founder and CEO, Kingsley Ibe, the company is building essential infrastructure that supports financial services growth. By providing richer data and stronger integrations, they aim to help lenders make better decisions while expanding access to finance for underserved consumers and businesses.

Why This Investment Matters

Janngo Capital sees CreditChek as a bet on the less visible but critical data layer that underpins lending decisions. The company’s demonstrated product-market fit and ability to address a financing gap aligns with Janngo’s investment thesis of supporting companies that expand access to capital for small businesses.

This funding follows earlier support from Baobab Network, participation in the MTN Cloud Accelerator programme, and partnerships through initiatives like the World Bank-backed DARES program. CreditChek is positioning itself as a key enabler of financial inclusion across East Africa by helping lenders overcome data limitations and confidently extend credit to new customers.