Details

Last Funding Type

Series B

Last Funding Money Raised

₹1.83B

Industries

Credit Cards,Finance,Financial Services,FinTech

Founded date

Feb 4, 2019

Number Of Employee

101 - 250

Operating Status

Active

Legal Name

FPL Technologies Pvt. Ltd.

Also Known As

OneScore

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.