Fuel Ventures leads £2m round for CreditDigital

The company will invest in marketing activity across the UK and product development following the deal.

Fuel is currently investing from £20m vehicle Fuel Ventures III, which closed in October 2018.

Company
Founded in 2017, CreditDigital is an online provider of business loans. The company's platform instantly provides credit agreements lasting up to 12 months for purchases worth up to £15,000. It also approves purchases worth up to £250,000 within one working day.

CreditDigital's platform is designed to be integrated into e-commerce checkouts and invoice systems.

People
Fuel Ventures – Mark Pearson (founder).
CreditDigital – Daniel Lipinski (founder).

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• Topics
• Expansion
• UK / Ireland
• Financials
• United Kingdom
• Venture