Noble Raises $18M in Series A Funding

noble

Noble, a Tel Aviv, Israel-based no-code platform that lets companies build, launch and scale credit-based products and services like credit cards and BNPL, raised $18M in Series A funding.

The round was led by Insight Partners with participation from Cross River Digital Ventures, Y-Combinator, Flexport Fund, TLV Partners, Operator Partners, Verissimo Ventures, Interplay Ventures, Plug and Play and the George Kaiser Family Foundation.

The company plans to use the funding to open a US office and expand its offerings.

Led by CEO Tomer Biger and CTO Moran Mishan, Noble provides a platform that enables companies to quickly build, launch, and scale credit products and manage the entire underwriting flows end-to-end without building APIs integrated into their offerings. From connecting and consuming industry standard and alternative data sources, the company helps non-technical users create credit offerings which are best suited for their products and services. Noble’s rule engine gives customers the freedom to create, edit and launch credit models without the need of long deployment processes.

Companies use the platform to build different types of credit products, from credit cards, cash advances, loans, and BNPL and by that creating a meaningful financial relationships with their customers.

FinSMEs

21/09/2022