_able rebrands from Credable, eyes expansion beyond digital credit across Africa

_able, the Dubai-headquartered fintech formerly known as Credable, has rebranded to reflect its shift from pure digital credit to providing the full technology stack—software, risk models, and portfolio management—for lending and savings products across Africa. The company says it has already facilitated over $650 million in loans despite raising only about $2.7 million in disclosed funding from investors such as Ventures Platform, Launch Africa, Plug and Play, MAGIC Fund and AAIC Investment.

_able works with partners including M-PESA, Airtel, Access Bank and Diamond Trust Bank, supplying the infrastructure that lets banks, telecom operators and fintechs offer credit and savings without building their own risk and lending systems. CEO Nadeem Juma says the rebrand reflects the firm’s role in building the infrastructure that enables financial access at scale, noting a $100 billion financing gap for small and medium businesses in Sub‑Saharan Africa.

The firm, founded in 2021 by Jad Abbas, Michael Tarimo and Juma, operates from Dubai, with an operations hub in Nairobi, a market and innovation centre in Dar es Salaam and a technology and intelligence hub in Pune, India. It says it now reaches more than 40 million customers across Kenya, Tanzania, Uganda, Mozambique and Zambia and plans to open its credit and savings technology to additional banks, telecoms and fintechs.

What partnerships could Nigerian banks or fintechs explore with _able to expand lending without building their own risk systems?

SOURCE: https://techcabal.com/2026/06/23/credable-rebrands-to-_able/