Dubai – Sharikat Mubasher: CredibleX, a UAE-based SME lending platform regulated by Abu Dhabi Global Market’s FSRA, secured a $100 million senior secured credit facility from Pollen Street Capital, marking the UK firm’s first transaction in the UAE.

According to a recent press release, the new facility will enable the fintech to expand its loan book, scale embedded finance partnerships, and meet rising demand for SME credit in the UAE.

Founded in 2023, CredibleX provides digital receivables and payables financing, as well as short-term loans to help small and medium enterprises access working capital more efficiently.

The deal underscores growing investor interest in the region’s fintech and SME financing ecosystem, with CredibleX aiming to broaden access to credit for businesses across the UAE and beyond.