Creednz

Company Overview

Snapshot

Founded in November 2021 by Johnny Deutsche and Moshe Elgaressy, Creednz operated with 1–10 employees. The company raised $7 million across one funding round from 3 investors, with Blumberg Capital identified as a lead investor. In September 2023, Creednz secured $7 million in funding to combat payment fraud.

Business overview

Creednz develops a safeguard platform designed to protect corporate finance teams from B2B payment scams. The company's core technology focuses on preventing fraudulent transactions within business-to-business financial operations. Operating within the Cyber Security sector, Creednz serves the financial services industry, particularly financial institutions, and enterprise clients by offering data security and IT solutions.

Strategic signal

In September 2023, Creednz successfully raised $7 million in a funding round. This capital infusion, led by Blumberg Capital, signals investor confidence in Creednz's approach to addressing the critical and growing problem of B2B payment fraud, indicating a strong market need for advanced cybersecurity solutions in corporate finance.

Company Intelligence Q&A

What is Creednz's primary focus?

Creednz is developing a safeguard platform designed to protect corporate finance teams from B2B payment scams.

When was Creednz founded?

Creednz was founded in November 2021.

Who are the founders of Creednz?

The co-founders of Creednz are Johnny Deutsche, who serves as Co-founder & CEO, and Moshe Elgaressy, who is Co-founder & CTO.

How much capital has Creednz raised?

Creednz has raised a total of $7 million in funding.

Which investors participated in Creednz's funding round?

In September 2023, Creednz received funding from investors including Blumberg Capital.