Our ratings
4.5 /5
NA /10
5 /5
NA /5
3.66 /5

Introducing Credible

Credible is the only global distributed ledger to store business credit data on the blockchain in a way that disrupts the incumbent credit bureaus and inefficient loan processes.

And we’re doing this to solve the $5.2 trillion funding gap suffered by SMEs each year who struggle to gain credit because of a lack of trustworthy data.

The Credible Network

Credit Data Built To Be Open And Accessible

Credible democratizes credit data ownership, putting it back into the hands of businesses.

Data Collection

Businesses own their own data. They are incentivized to build strong credit histories as they share their business credit data on the blockchain.

Data Usage

Our ecosystem connects lenders, data providers, credit scorers, researchers & enterprises to contribute, verify and consume credit data.

Financial Marketplace

The Credible marketplace is open to purchase raw data, value added credit reports and loan provision facilitated by Trusted Escrow Agents (TEAs).


A New Credit Ecosystem Where Everyone Wins


Blockchain Makes Credible, Credible

Credible has its own infrastructure, a blockchain network for public access, data contribution and querying. It is multi-country and will comprise of a large number of nodes, each a separate TEA.

Our code and design is and will always be open source and is shared on Github.

We encourage collaboration and welcome suggestions to improve the design and flow of Credible.

  • Credible uses blockchain in a novel way to store cryptographically secured data
  • Tendermint validators ensure Byzantine-fault tolerance across all nodes
  • We adopt MongoDB as our storage layer in a noSQL database for large datasets
  • Flexible JSON data models for hierarchy, classification and querying across credit data


Clients, Partners And Affiliates


Meet Our Investors

Join the Credible Network

Become A Partner

Apply to become a Credible Network partner today. We welcome applications for data partners, TEAs and analytic partners to join the Credible Network and Marketplace.


Developer, Data Provider And Founding TEA

SmartPesa is the team behind Credible. It is an experienced payments and agency banking FinTech which has been powering transactions for over 8,000 business owners in 5 countries since 2014. SmartPesa’s regulatory and standards compliant platform-as-a-service provides a range of financial services across the last mile in Emerging Markets. It can be deployed on-premises or in the cloud and supports international and local cards, wallets, APIs as well as cryptocurrencies.

Credible is the SmartPesa’s team 3rd Blockchain project after successfully rolling out CryptoPayments and CryptoATM which are part of the SmartPesa product suite. We see our role as developing the first wave of Credible, helping to add data and becoming the first TEA.

Founding Team

Executive Team behind Credible

Deep technical knowledge: Our team has extensive experience in engineering, technology, bank integration, and high performance real-time systems.

Barry Levett
CEO & Co-Founder
Cat Williams-Treloar
Chief Marketing Officer
Thorsten Neumann
CTO & Co-Founder
Shlomi Podgaetz
Business Development
Phuc Nguyen
Crypto & Blockchain Engineer
Trung Nguyen
Backend Blockchain Engineer
Shaik Ashiq
Android & iOS Engineer
Jun Azuelo
Operations Manager
Huỳnh Thái Tâm
Senior Developer
Hoang Anh Vu
Payment & Crypto Specialist
Jovin Tay
Head of Engagement

Expert Advisors

Hear why our Advisors have joined Credible:

Matteo Chiampo
CGAP Consultant, SUSS Fellow, Travelkhana

Matteo Chiampo

CGAP Consultant, SUSS Fellow, Travelkhana

Matteo is passionate about ideating, starting and growing ventures that solve complex operational problems at the interface between the online and offline world. In his role as consultant for CGAP, an office of the World Bank with the mission of increasing financial access to the poor, Matteo has developed a deep expertise in the application of technology and innovative business models, and spearhead several projects in Bangladesh, India and Myanmar in the area of digital financial services.

"In my experience bringing financial services to the unbanked, I found that missing, incomplete, and untrustworthy information is potentially an obstacle for micro and small enterprises to access capital. By leveraging blockchain technology to unlock credit history data, Credible can serve as a game-changer in helping to reduce the massive SME funding gap in developing economies."

Ville Öhman
Cryptocurrency Fund Manager, Blockchain Technologies

Ville Öhman

Cryptocurrency Fund Manager, Blockchain Technologies

CoVille is the Co-founder and Fund Manager of the Cryptocurrency Balanced Large Cap Fund SP. CBLC is the first Fund globally to launch with top-tier service providers for audit, banking, custody, administration, tax advice, cybersecurity, insurance and legal compliance.

"I like ICO projects on existing businesses rather than pure promiseware. SmartPesa has presence in large Southeast Asian markets, which positions it well for future growth. Its existing POS solutions, coupled with the new Credible, also add new revenue streams for the company"

Fabio Nehme
Founder and CEO, Nehme Group

Fabio Nehme

Founder and CEO, Nehme Group

Fabio is a C-level executive with nearly 20 years of international experience, working in some of the leading global financing, international development and commodities organisations, such as Alcoa, World Bank Group and EDF Trading running global social impact programmes and building businesses.

Fabio has been directly involving in investing and trading large-scale capital, as well as introducing new technologies in developed and developing countries, in particular in Africa, Latin America and Southeast Asia, Europe and United States. He regularly speaks and writes publicly on the application of blockchain and digital tokens to sustainable development and had the distinction of testifying on international development-related topics at the invitation of the California Congress.

"Credible’s innovative, ambitious application of blockchain and digital assets to expand financial inclusion is key in creating a new range of possibilities for business and customers while meeting the United Nation’s Sustainable Development Goals. For that, it should be supported by foundations, private funds, and the impact investment community-at-large."

Ali Hussein Kassim
C-Level Executive, Financial Inclusion advocate, FinTech

Ali Hussein Kassim

C-Level Executive, Financial Inclusion advocate, FinTech

Hussein is a C-level executive engaged in technology, passionate about learning, financial inclusion and FinTech. Focused on the opportunities in Africa, he holds board level appointments in both For-Profit and Not-For-Profit organisations and mentors young techpreneurs through his association with Demo Africa, A Pan-african Tech Startup Platform.

"In developing markets, credit information is often used as a negative confirmation bias to detract from an open, transparent and progressive financial services marketplace. Credible provides a transparent, distributed and auditable platform for businesses, empowering them to contribute valid data while increasing the trustworthiness of the data verification and generation process."

Roy Lai
CEO and Co-Founder, InfoCorp and SentinelChain

Roy Lai

CEO and Co-Founder, InfoCorp Technologies Pte Ltd

Roy has over 20 years experience in investment banking, foreign exchange trading and inter-bank payments. An innovator in financial technologies, he was instrumental in the delivery of FAST, a real-time payment network across 14 Singapore banks.

Roy has a strong background in creating cryptocurrencies trading systems as well as providing consultations in the use of blockchain and smart contract technologies. He established InfoCorp Technologies to provide infrastructure to accelerate financial inclusion for the unbanked and solve end-to-end supply chain logistics problems through the use of blockchain technology. Sentinel Chain, an InfoCorp project, is a blockchain-based international marketplace for cross-border financial services and the world’s first platform to accept the use of livestock as collateral. Roy is also Senior Research Fellow at the Singapore University of Social Sciences, where he teaches blockchain programming and smart contracts.

"I am delighted to be part of SmartPesa’s experienced team to advance a new era of financial inclusion for emerging economies. Backed by advanced blockchain technologies, the launch of Credible could become a game-changer to the broader business markets while empowering the lives of many in local communities".

Dr Rex Yeap
Partner of Invention Capital, Inventor of IP Blockchain

Dr Rex Yeap

Partner of Invention Capital, Inventor of IP Blockchain

Dr Yeap has three decades of experience in the Information Technology value chain that spans industry, government and academia. He is the co-inventor of the patented IP blockchain and has over 20 Information Technology related patents and thousands of inventions over the past three decades, see http://ye.sg/patents

Dr Yeap is also the head of Education in the Singapore Cryptocurrency and blockchain Industry Association. Over the past decades, his angel investment portfolio includes early-stage technology companies mostly in the Information Technology space and increasingly FinTech area.

"With the use of cryptography and blockchain technology for business credit data, Credible can unlock the value of merchant data while enhancing data security and helping businesses avoid possible data breaches. I look forward to working with SmartPesa to continue advancing credible business solutions for the community."

Token Use

Credible Tokens (PESA)

The PESA token is at the heart of the Credible Network.


All transactions across Credible take place in PESA


Merchants receive PESAs from 3rd parties for accessing their data


Merchants pay PESAs to Verifiers for verification services


Merchants can pledge PESAs as collateral for loans


Purchasers can Buy and Sell PESAs through SmartPesa CryptoATM


Customers can make payments in PESA for good and services

Token Sale

Get In On The PESA Token Sale

1 July 2018
40% Discount 4 Month Lock-In First 50mil Tokens
To Be Announced
20% Discount Minimum 100k PESA Up to 120mil Token
To Be Announced
10% Discount Minimum 0.5 ETH Discount to 190mil Token
In Private Sale
Pre-sale will
be announced
  • Token Symbol PESA
  • Token Sale Start TBA
  • Token Sale End TBA
  • Tokens For Sale 250,000,000
  • Token Price $0.09 USD
  • Specifications ERC-20
  • Max Circulating Supply 500,000,000
  • Accepting BTC, ETH, HT, BNB

Token Allocation

4% Community Development
7% Partners
9% Staff
10% Early Backers
20% Treasury
50% Public Sale

Operating Allocation

5% Legal & Compliance
10% Marketing
10% Infrastructure & Hardware
15% Merchant Acquisition
30% Operations
30% Research & Development

Road Map

Our team is working hard to make Credible a reality

Nov 2017 - Mar 2018
  • Run own own nodes. Prototype Bitcoin and Litecoin merchant payments
Apr 2018
  • Register patent for blockchain based payments (SG 10201802929R), blueprint for Credible
May 2018
  • R&D on Credible (data replication, consensus, experimental data, noSQL storage)
Jul - Nov 2018
Token Sale
  • Public financing & Seed funding raised
Aug 2018
  • Launch Credible testnet. Prototype Credible Explorer
Oct 2018
  • Design Credible RPC (interface, validation). First 5 nodes with shared keyring, joining and recovery
Dec 2018
  • Publish Credible Wallet MVP. Launch Crypto ATM (buying/selling of BTC, LTC)
Q1 2019
Data Model
  • Publish credit data model and taxonomy (systematics, structure, hierarchy)
Q2 2019
  • Publish Credible RPC interface for add, validate, search, purchase credit data
Q3 2019
  • Launch Credible mainnet
Q4 2019
Go To Market
  • Credible SDKs for Mobile. ERC20-To-Credible token bridge

Read Our Documents

Find out more about what we are doing with Credible

Credible FAQ

Frequently Asked Questions

What is Credible?

Credible is a permissioned secure blockchain network built by SmartPesa specifically for SME business credit data in emerging markets, looking to disrupt the incumbent credit bureaus and inefficient loan processes.

The use of Tokens?

All payments for data creation, validation and accessing of data within the Credible Network blockchain is settled in PESA tokens ("Tokens"). For example, payment for access to merchant data is settled in Tokens while merchants can use Tokens for data origination and validation services. Merchants can also pledge Tokens as collateral or sell using the SmartPesa CryptoATM

How is the Token Sale priced and settled?

Tokens are priced in USD and payment can be made in ETH, BTC HT and BNB. The exchange rate is dynamically determined at the time of placing the order on our Token Sale website.

How can I participate in the Token sale?

Join the white list until such time as the Token sale is public. When that happens, access to the token sale platform will be available on this website. Terms and conditions apply.

SmartPesa existed prior to Token Sale?

Yes, SmartPesa is a FinTech that is in its 5th year of operations during which time, we built a great team, solid product and deployed in 5 countries with banks and acquirers.

What benefit is the backing of SmartPesa?

We are a business with long contracts, real banks, real users, hundreds of thousands of transactions monthly and real revenues. This gives credibility to the team backing Credible with experience to roll-out and operational experience.

Has SmartPesa worked with blockchain?

SmartPesa started following blockchain in early 2017. We did research and development on cryptocurrency payments, and filed a patent (with iPOS). Our team is familiar with nodes, confirmations, wallets and the underlying cryptography.

Why is SmartPesa adopting blockchain?

Credible is bigger than us. We have the right team and the data to kick it off but want all financial institutions to participate. This distributed data gathering, verification and consumption model lends itself to Blockchain.

How will Tokens be used for Credible?

Tokens are used for all payments on the blockchain including data creation, validation and consumption. The total supply is fixed and any unsold tokens will be burnt. Even as the data on the blockchain grows in size, the number of Tokens will never increase.

Can Tokens be used for other purposes?

Yes. SmartPesa will facilitate escrowing of Tokens for purposes of loan collateral. SmartPesa will put the Tokens as the preferred cryptocurrency in its own Apps on both CryptoPay and CryptoATM.

What is the token model?

Tokens are used by requestors to buy data. On data request, the token is transferred to the data owner who can hold it, hord it, or sell it. While the pricing is dynamic, requestors will be acquiring tokens for their purchasing of credit data

Merchants will hold tokens?

Yes, their incentive is to montetize their data. Businesses and merchants will receive tokens and use for verification, or sell them. This brings supply and demand on both sides ot the transaction.

Is the Token Sale automated?

Yes, the Token Sale is run through an online portal tracking the available tokens for sale, the exchange rates of accepted investment currencies, and the transactions of each purchaser.

Are there different sales stages?

We want to keep it simple. No frills or desperate sales tactics. Early token purchasers in pre-sale assist our project to reach our softcap, and we require a certain minimum commitment for these placements.

When does the Token Sale start?

The Token Sale has started. We are working with stratic purchasers on the support and backing of the Credible blockchain. Dates for pre-sale and a public crowdsale will be announced in due course.

When will tokens be unlocked?

While SmartPesa makes no guarantees at this stage, our efforts will be to release tokens within 10 days from end of public sale. Since we have prototypes and MVP, the token should be put in the hands of token purchasers and merchants.

Are you GDPR compliant?

Yes. We were fully aware of the 25 May deadline. All our call to actions, signups and online forms are GDPR compliant with discloures and checkboxes for voluntary subscription to future communication.

Are there restricted countries?

Yes, we have to abide by the local and international laws of the respective regulations promulgated under the MAS Act, United Nations Act, and the Terrorism (Suppression of Financing) Act.

Media Coverage

In The News


More From Credible


Get In Touch

Any question? Reach out to us and we'll get back to you shortly: