KredFlo, a B2B2B supply chain financing platform that focuses on manufacturer-led distributor financing, has been selected to join the prestigious Wave 6 Cohort of the Qatar Fintech Hub (QFTH). The platform, developed by Splendre EyeMag Private Limited, aims to empower manufacturers by strengthening their distribution networks through seamless financial solutions. This achievement marks a significant milestone for the Indian startup, positioning it as a key player in the global fintech landscape.
Access to Mentorship and Opportunities
As part of the Wave 6 Cohort, KredFlo will gain access to valuable mentorship, networking opportunities, and partnerships with key financial institutions in the region. The program, facilitated by Qatar Development Bank (QDB) and supported by the Qatar Central Bank (QCB) and Qatar Financial Centre (QFC), provides pre-seed capital investment, banking collaborations, and market access, enabling KredFlo to accelerate its growth and expand into the MENA region.
“We are thrilled to be part of the Wave 6 Cohort of the Qatar Fintech Hub. This opportunity allows us to collaborate with leading financial institutions in the region and leverage the robust infrastructure provided by QDB, QCB, and QFC to scale our solutions,” said Axel Balakrishnan, Founder & CEO of KredFlo.
Strengthening the Fintech Ecosystem
KredFlo specializes in manufacturer-led distributor financing, offering solutions that help manufacturers optimize their distribution networks. The platform is set to transform financial services delivery by creating seamless, accessible financial solutions for both businesses and financial institutions.
Anil Balan, Founder & COO of KredFlo, highlighted the importance of the Qatar Fintech Hub in helping the company form critical partnerships. “Being part of the Qatar Fintech Hub allows us to establish key relationships with Qatari banks and financial institutions. We are excited about the potential to enhance our offerings and contribute to building the fintech ecosystem in Qatar,” he said.
