Kreditbee
“Can an in-house NBFC plus a network of bank partnerships profitably serve India's 400 million new-to-credit consumers at unicorn scale?”
Founded2016
HQBangalore, India
Total raised$361.84M+
Latest roundSeries E, 2026 ($280M)
Valuation$1.5B (2026)
IndustryFintech / Lending
The story
Founded 2016 in Bangalore as a digital micro-lending platform for new-to-credit young professionals and students. Built its own RBI-registered NBFC (Krazybee Services) to lend off-balance-sheet, then expanded through partnerships with 10+ banks and NBFCs for co-lending. Added card (RBL/RuPay prepaid credit line) in 2021 and offline cardless EMI via Mswipe, evolving from a single-product personal-loan app into a broader consumer credit platform. Now preparing for IPO at $1.5B unicorn status.
Product timeline
2016
KreditBee founded as digital micro-lending platform for young professionals and students.· pivot
2021
Launched KreditBee Card — credit-line backed prepaid card in partnership with RBL Bank and RuPay.· card
2021
Partnered with Mswipe to offer 'Cardless EMI' at offline retail stores.· lending
2022
Raised $80M Series D led by Premji Invest.· banking
2026
Raised $280M Series E at $1.5B valuation; preparing for IPO.· banking
Regulated entities
1
regulatory licence held by Kreditbee
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Kreditbee’s embedded-finance stack
Card issuing
RBL Bank (sponsor)
Card network
in the full report
Lending
in the full report
Sponsor bank
in the full report
Accounting gap: none
10 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.