About Gain Credit
Gain Credit is a Financial Services company based in San Diego (United States) founded in 2003 by Steve Biafore. Alternative lending is facilitated through multinational fintech platforms. Gain Credit has raised $35 million across 3 funding rounds from investors including Crystal Financial, Mohr Davidow Ventures and Crosslink Capital. The company has 210 employees. Its Indian entity Global Analytics India Private Limited reported revenue of ₹69.16 Cr. Gain Credit offers products and services including Drafty and Lending Stream. Its focus areas include FinTech, Alternative Lending, Online Lenders and Diversified. Its competitors include Upstart, Figure and Laurel Road; 3 of its 3 listed competitors have raised funding.
Company details
Gain Credit was founded in 2003 and is headquartered in San Diego, United States. Operations are conducted in the alternative lending fintech sector across the UK and India. In the UK, Lending Stream is managed for four- to six-month emergency loans with instant decisions, while Drafty provides personal credit lines for millennials. In India, OYE! is operated as a one-year loan product for young workers new to credit.
- Headquarters San Diego, United States
- Employees 210
- Founders Steve Biafore
- SectorsFinancial Services
- Email••••••••
- Website gaincredit.com
- Social LinkedIn Facebook
- Legal Name Global Analytics India Private Limited
- Date of Incorporation 31 Dec, 2003
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹69.16 Cr
FY 2025 · +6% YoY
- Indian entity net profit₹6.82 Cr
FY 2025 · 10% margin
- Indian entity EBITDA₹9.44 Cr
FY 2025 · 14% margin
- Total Equity Funding$35M (USD)
in 3 rounds
- Latest Funding Round$30M (USD), Debt – Conventional
Jul 2013
- InvestorsCrystal Financial
& 4 more
- Employee Count210
Associated legal entities of Gain Credit
Gain Credit operates through Global Analytics India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Global Analytics India Private Limited CIN U72300TN2003FTC052240 | Active | 31 Dec 2003 | Chennai, Tamil Nadu | ₹69.2 Cr | 210 | 2 | View details |
Products & Services of Gain Credit
Gain Credit offers a comprehensive portfolio of products and services, including Drafty and Lending Stream.
Innovative borrowing option for responsible credit access.
Alternative to payday loans for consumer financial needs.
Funding Insights of Gain Credit
Gain Credit has successfully raised a total of $35M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in July 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $35M
- Total Rounds 3
- Last Round Debt – Conventional — $30M
- First Round $10M
(Oct 2009)
- Investors Count 5
All 3 funding rounds of Gain Credit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2013 | $30M | Debt – Conventional | – | – | |
| May 2012 | $25M | Series D | – | Mohr Davidow Ventures | |
| Oct 2009 | $10M | Series B | – | – | – |
5 investors in total: 5 institutional.
Investors in Gain Credit
Gain Credit has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Crystal Financial, Mohr Davidow Ventures and Crosslink Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Debt financing is offered to US tech and offline companies. | 1993 | crystalfinco.com | Boston, United States | |
Venture capital investments are managed in technology and healthcare sectors by this firm. | mdv.com | |||
Venture capital is invested in various sectors by Crosslink Capital. | crosslinkcapital.com | San Francisco, United States | ||
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States | ||
Consumer products are wholesaled to retailers by Leapfrog Ventures. | leapfrogventures.com | Menlo Park, United States |
Investor details for Gain Credit
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Global Analytics India Private Limited (Gain Credit)
Global Analytics India Private Limited is the primary company behind Gain Credit. The board of Global Analytics India Private Limited currently have 2 directors; the longest-serving is Vineet Arora, appointed in 2022. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vineet Arora DIN 09558551 | Director | 19 Apr 2022 | 4 yrs 6 mo | Global Analytics India Private Limited |
| Varma Surya Srinivasa Maruti Prasad Kalidindi DIN 10117828 | Director | 27 Apr 2023 | 3 yrs 6 mo | Global Analytics India Private Limited |
People of Gain Credit
50 people are tracked at Gain Credit (19 in leadership, 31 in team); the tracked headcount is 210.
| Name | Role | Group |
|---|---|---|
Steve Biafore | Founder | Leadership |
| Managing Director | Leadership | |
Mark Fiander | CEO | Leadership |
Sathyanarayana Jayaprakash | Director, Customer Operations | Leadership |
Scott Woolveridge | Senior Director, Customer Operations | Leadership |
Richard Noad | CTO | Leadership |
Ashruf Mukadam | Chief of Staff | Leadership |
Ramani Subbaraman | Director, HR | Leadership |
James Ford | Chief Architect | Leadership |
Humayun Kabir | Senior Director, Finance | Leadership |
| General Manager, India | Leadership | |
Satish Chandran | Senior Director Of Engineering | Leadership |
Ajitha Boyapati | Director Of Engineering | Leadership |
Sathish Ashwin | Head Of Information Security & End User Computing | Leadership |
Rajeswari S | Senior Manager - Human Resources & Head Administration | Leadership |
Vineet A. | Executive Vice President Corporate Operations | Leadership |
Andrew Wayland | VP Customer & Proposition | Leadership |
Lynn Tran | Director, Tax | Leadership |
Sathish Kumar | Director - Analytics And Data Science | Leadership |
Vivek Narayan | Operations Lead - Credit Broking | Team |
30 more people are available in the full profile.
Complete people profiles for Gain Credit
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Gain Credit
Figures of Global Analytics India Private Limited, the primary company behind Gain Credit, for FY 2025. Revenue was ₹69.16 Cr (+6% year on year). Net profit was ₹6.82 Cr (10% margin). EBITDA was ₹9.44 Cr (14% margin). Revenue has grown at a compounded annual rate of -7% over three years and -5% over five years.
- ₹69.16 CrRevenue · FY 2025 · +6% YoY
- ₹6.82 CrNet profit · 10% margin
- ₹9.44 CrEBITDA · 14% margin
- ₹1 LakhPaid-up capital
- 210Employees (provident fund records)
- -7%Revenue CAGR, 3 years
- -5%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Global Analytics India Private Limited are on its company page.
Detailed financial statements for Gain Credit
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Gain Credit
3 dated milestones of Gain Credit across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Gain Credit is founded.
- Funding First funding round of $10.0M.
- Funding Latest funding round, Debt – Conventional, of $30.0M.
Competitors of Gain Credit
Gain Credit has 3 listed competitors in our database, 3 of them funded. They include Upstart, Figure and Laurel Road.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| upstart.com | 2012 | Palo Alto, United States | $128.65M | 1,497 | Diversified loans are provided via an AI-enabled online marketplace. | |
| figure.com | 2018 | San Francisco, United States | $435.22M | 463 | Figure is recognized as a leading non-bank HELOC lender in the U.S. | |
| laurelroad.com | 2006 | New York, United States | $20M | Student loan refinancing, mortgages, and personal loans are offered online. |
Detailed competitors of Gain Credit
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- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Gain Credit
The website of Gain Credit (gaincredit.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 1259.1% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Gain Credit (Alternative Lending) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | 1,487 |
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Frequently Asked Questions about Gain Credit
Gain Credit was founded in 2003 and raised its 1st funding round 6 years after it was founded.
Gain Credit is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Gain Credit is a funded company, having raised a total of $35M across 3 funding rounds to date. The company's 1st funding round was a Series B of $10M, raised on Oct 2009.
Gain Credit has 210 employees.
The primary company behind Gain Credit, Global Analytics India Private Limited, reported revenue of ₹69.16 Cr for FY 2025, up 6% year on year.
Gain Credit was founded in 2003 and is headquartered in San Diego, United States. Operations are conducted in the alternative lending fintech sector across the UK and India. In the UK, Lending Stream is managed for four- to six-month emergency loans with instant decisions, while Drafty provides personal credit lines for millennials. In India, OYE! is operated as a one-year loan product for young workers new to credit.
Gain Credit's top competitors include Upstart, Figure and Laurel Road.
Gain Credit offers Drafty and Lending Stream.
Gain Credit has 5 investors. Key investors include Crystal Financial, Mohr Davidow Ventures, Crosslink Capital, Leapfrog Ventures, and QED Investors.
Gain Credit operates through Global Analytics India Private Limited.
The legal entities of Gain Credit currently have 2 directors, including Vineet Arora, Varma Surya Srinivasa Maruti Prasad Kalidindi.