Credable Rebrands to _Able After $650M Africa Loans

In Short

• Credable is changing its name to _able.
• The company says it has facilitated more than $650 million in loans across Africa.
• It is positioning itself as lending and savings infrastructure for banks and telecoms.

What Happened

Credable, a Dubai-headquartered fintech, has rebranded to _able as it pushes beyond digital credit. The company says it has facilitated over $650 million in loans across Africa.

Credable works with distribution partners such as M-PESA, Airtel, Access Bank, and Diamond Trust Bank (DTB). These partners are the companies that already have customers, like mobile money users or bank account holders.

_able says the new name better reflects what it sells today. It is not mainly a lender that uses its own balance sheet (its own cash) to give out loans. Instead, it provides the software and systems that help others run lending and savings products.

That includes risk management tools, which are models that estimate how likely a borrower is to repay. It also includes portfolio management, which is the system used to track thousands or millions of loans over time.

CEO and co-founder Nadeem Juma said the business has shifted from “determining who is credible” to building infrastructure that enables financial access at scale.

Why It Matters

More African banks and telecom operators are building lending and savings into their apps. Many do not want to build underwriting and credit operations from scratch, so they buy or partner for the core technology.

This trend is tied to a large credit gap. Small and medium-sized businesses in Sub-Saharan Africa are often cited as facing a financing gap of around $100 billion, which increases demand for better borrower assessment and faster credit distribution.

For founders and operators, _able is a signal that the lending stack is getting more specialised. The market is separating into capital providers, customer channels, and infrastructure companies that connect the two.