South African credit risk management startup Trade Shield has secured 15 million South African Rand (approximately $824,000) in funding from the Vumela Fund (backed by FNB Bank) in partnership with Edge Growth, a venture development firm.
The investment will accelerate the company’s expansion across South Africa and global markets while advancing its AI-powered credit risk management SaaS platform.
Trade Shield’s platform leverages real-time data aggregation, predictive modeling, and advanced analytics to automate credit risk assessments. It enables businesses to scale credit responsibly, optimize cash flow, boost revenue, and maintain stable debt ratios.
Launched in 2023 as a subsidiary of Inoxico (a Vumela-backed credit services provider), Trade Shield focuses on tech-driven solutions, while Inoxico continues to offer traditional pay-as-you-go credit management services.
With a team of 45 professionals—including data scientists, software developers, and credit experts—the startup aims to use the new funds to strengthen its global footprint, particularly in volatile sectors like microfinance and international trade.
