Tribal Credit completed its Debt Financing Fundraising on 2022-01-05.

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According to media reports, Tribal Credit completed its Debt Financing Fundraising on 2022-01-05. the investors in this funding round include Stellar Development Foundation,Partners for Growth and others. Following this round, Tribal Credit has raised a total of $132 M, bringing its latest valuation to $40 M.
Tribal is a payment and financing platform that can underwrite and approve small and medium-sized businesses (SMBs) using its proprietary AI-driven algorithm. Its mission is to onboard the next 1 million SMBs into crypto through a community-based, self-governed protocol. The platform provides SMBs access to multi-currency corporate cards, crypto and traditional payment rails, and short-term financing. SMBs can earn TRIBL tokens on business payments made through Tribal's platform, and they are incentivized to stake those tokens to access exclusive benefits and premium tiers on the platform. TRIBL tokens can also be used by Tribal SMBs to settle their statements and pay for services within the Tribal ecosystem.

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TRIBL Fundraising History
RoundAmountValuationTimeInvestor(s)
Debt Financing--$40 M2022-01-05Stellar Development Foundation,Partners for Growth
Key Milestones
  • 2022-10
    $TRIBL was live for trading
  • 2022-04-28
    Tribal Credit raised $ 41 M in funding round
  • 2022-03-17
    Tribal Credit raised $ 31.48 M in Public Sale round
  • 2022-02-04
    Tribal Credit raised $ 60 M in Series B round
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