FPL Technologies
FPL is on a mission to re-imagine credit and payments from first principles and is building a mobile-first credit card.
About FPL Technologies
FPL believes that consumption credit presents a very large opportunity in India and the credit card is the best product to offer consumption credit to India’s growing younger population. Card acceptance has trebled in the three years after demonetisation and every category is getting digitized. Like the overall growth in adoption of digital payments, the adoption of credit cards too has grown, both in terms of card issuance and spends. However, the experience of using a credit card has not evolved to serve the digitally savvy young millennials. FPL has created a proprietary full-stack technology platform to deliver a next-gen credit card experience to its customers. Customers can use an intuitive mobile app along with their credit cards to manage every aspect of their credit life cycle. FPL launched the OneScore app in July this year to help customers understand and manage their credit score and behavior in a simple and secure way.
Company Facts
- Headquarters
- Pune
- Operating Status
- active
- Company Type
- for_profit
- IPO Status
- private
- Employees
- c_00501_01000
- Total Funding
- $265,092,468
- Last Funding Type
- series_unknown
- Last Funding Date
- 2024-11-25
- Website
- onescore.app
Industries & Categories
Credit Cards, Finance, Financial Services, FinTech
Social Links
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