“Can an in-house NBFC plus a network of bank partnerships profitably serve India's 400 million new-to-credit consumers at unicorn scale?”
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.
Kreditbee discloses RBL Bank as its sponsor bank, according to the Embedded Finance Index 2026.
Kreditbee does not disclose a bank charter of its own; its banking services are provided through RBL Bank.
Kreditbee moves money over UPI.
Kreditbee's cards are issued through RBL Bank (sponsor) on the RuPay network.
Kreditbee's lending and capital products are provided by Krazybee Services Private Limited (in-house NBFC).
The Embedded Finance Index 2026 maps 5 layers in Kreditbee's stack: Money movement (UPI); Card issuing (RBL Bank (sponsor)); Card network (RuPay); Lending (Krazybee Services Private Limited (in-house NBFC), Flexi Personal Loan (FPL), Flexi Personal Loan Plus (FPL+), Premium Personal Loan for Self Employed (PPLSE) and 4 others); Sponsor bank (RBL Bank).
Kreditbee is founded in 2016 and headquartered in Bangalore, India.
Kreditbee has raised $361.84M+ in total (latest round: Series E, 2026 ($280M); valuation: $1.5B (2026)).
Get a read on where your own stack stands against Kreditbee and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.