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CREDIT FAIR logo — Fair Finance For Everyone

CREDIT FAIR

Fair Finance For Everyone

Founded 2018 India Mumbai, India 123 employees Debt Financing Total: $2.07B Financial Services, Fintech

General Information

Company Name CREDIT FAIR
Founded Year 2018
Location India Mumbai, India
Employees 123
Industries Financial Services, Fintech
Funding Stage Debt Financing
Social

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About CREDIT FAIR

Credit Fair is an India-based financial services and fintech startup founded in 2018. With the slogan "Fair Finance For Everyone," the company aims to address the prevailing unfairness in the finance industry by offering fair financial products to deserving individuals. The team, composed of finance, design, and technology professionals, has initiated CreditFair to achieve this mission. Currently, the company's consumer lending platform focuses on the home decor industry and collaborates with leading consumer brands. The founding team's extensive experience is evident, as they have processed applications worth Rs 200 cr per month, showcasing a strong track record. Furthermore, they have been recognized with a Banking Technology Award for Best Mobile Initiative. The team's educational background is also impressive, with degrees from renowned institutions such as London Business School, Northwestern University (USA), and SAIC (USA), along with the attainment of the CFA charter. In December 2022, Credit Fair secured a significant debt financing investment of INR150.00M, with the State Bank of India as the investor. This recent investment reflects the continued confidence in the company's mission and potential. As Credit Fair continues to innovate and expand its reach, it holds the promise of reshaping the financial landscape with its fair and inclusive approach.

Taxonomy: consumer lending, credit solutions, finance industry, mission-driven, technology, consumer brands, fair finance, underserved population, mobile initiative, startup, investment, banking technology, home decor industry

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing INR150.00M 1
State Bank of India
State Bank of India
14 Dec 2022
Seed Round INR800.00M 6
Nikhil Chandra Gupta, Nitesh Damani +4
03 Aug 2022
Debt Financing Undisclosed 3
Vivriti Capital
Vivriti Capital, Caspian Impact Investments +1
03 Aug 2022
Debt Financing Undisclosed -
24 Nov 2021
Seed Round INR1.12B -
15 Jul 2021

CREDIT FAIR Alternatives & Competitors

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CREDIT FAIR vs
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FAQ About CREDIT FAIR

Fair Finance For Everyone
CREDIT FAIR was founded in 2018.
CREDIT FAIR is headquartered in Mumbai, India.
CREDIT FAIR operates in Financial Services and Fintech. Its work centres on consumer lending, credit solutions, finance industry and mission-driven.
CREDIT FAIR has approximately 123 employees.
CREDIT FAIR has completed 5 funding rounds, raising a total of $2.07B. The latest funding stage is Debt Financing.
Top alternatives and competitors to CREDIT FAIR include Waynimóvil, Dollarito, Koyo, Lendica, Selina Finance | Certified B Corp™. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CREDIT FAIR and Waynimóvil are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CREDIT FAIR, https://bouncewatch.com/company/credit-fair, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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