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KreditBee Company Profile - Get Easy Instant Personal Loans!

StartupTalkyStartupTalky · 7m
KreditBee Company Profile - Get Easy Instant Personal Loans!

KreditBee, a fintech startup based in Bangalore, India, is simplifying the process of borrowing small loans for young professionals. Launched in 2018, KreditBee aims to help the New-to-Credit (NTC) population become part of the Credit Bureau system in India, enabling them to borrow from traditional banks and NBFCs. The company provides instant personal loans ranging up to INR 5 lakh ($6,875) through its fully online platform. With a focus on financial inclusion, KreditBee utilizes alternative lending data points beyond salary and credit scores to cater to non-salaried individuals such as part-timers, freelancers, and self-employed professionals. The company has experienced significant growth, serving over 10 million customers and providing loans of over $7 million as of early 2023.

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