Credable, the Dubai-headquartered fintech whose software underpins lending and savings products across Africa, has officially rebranded to _able β a move the company says reflects its transformation from a digital credit provider into a broader financial technology infrastructure company.
The rebrand was announced on Tuesday, June 23, 2026, following the company's milestone of facilitating more than $650 million in loans since its founding in 2021.
From Digital Credit to Financial Infrastructure
_able works with a network of major financial and telecom players, including M-PESA, Airtel, Access Bank, and Diamond Trust Bank (DTB). Rather than lending from its own balance sheet, the company sits between capital providers and distribution channels β supplying the risk models, underwriting systems, and portfolio management technology that power financial products.
Banks, development finance institutions, and investment funds supply the capital, while mobile money operators, fintechs, and financial institutions use _able's platform to deploy credit and savings products to end customers.
Investors in the company include Ventures Platform, Launch Africa, Plug and Play, MAGIC Fund, and AAIC Investment.
The CEO's Vision Behind the Name Change
"Over time, it became clear that our role was no longer simply about determining who is credible. It was about building the infrastructure that enables financial access at scale." β Nadeem Juma, Co-founder and CEO, _able
Juma, who co-founded the company alongside former private equity executive Jad Abbas, said the new identity better captures the company's current and future positioning in the financial technology supply chain.
"Our mission remains unchanged. We believe credit is one of the most powerful tools of economic empowerment. Our ambition is to help enable access to credit and savings for hundreds of millions of people globally." β Nadeem Juma, Co-founder and CEO, _able
A $100 Billion Gap Driving Demand
The timing of the rebrand aligns with mounting pressure on African financial institutions to close a significant funding shortfall. Small and medium-sized businesses in Sub-Saharan Africa face an estimated $100 billion financing gap, intensifying demand for technology that helps lenders assess borrowers, manage risk, and distribute credit at scale.
_able already reaches more than 40 million customers across Kenya, Tanzania, Uganda, Mozambique, and Zambia. The company told TechCabal it plans to open its credit and savings infrastructure to additional distribution partners and capital providers as it targets further geographic and product expansion.
Opening the Platform to More Partners
Going forward, _able intends to make its lending and savings technology accessible to more banks, telecom operators, and fintechs β enabling them to launch financial products without constructing their own risk and portfolio management systems from scratch.
The strategy mirrors a broader industry pattern visible across African fintech news, where embedded finance and banking-as-a-service models are gaining traction as financial institutions seek speed and efficiency over custom-built infrastructure.
For a company that has enabled over $650 million in lending on just $2.7 million in disclosed investment, the _able rebrand signals not just a name change β but an explicit declaration of where the company believes the real value in African digital finance is being built. Readers tracking the evolution of African fintech can explore more context in our technology and finance section.