About Kredit.Pe
Kredit.Pe is a Financial Services company based in Bengaluru (India) founded in 2023 by Prashant Kumar. Credit cards and cashback rewards are offered through UPI transactions. Kredit.Pe has raised $4.45 million across 2 funding rounds from investors including Xeed Ventures and Beenext. The company has 19 employees. Kredit.Pe was last valued at $10.05 million in February 2024. Its chief executive, as recorded, is Prashant Kumar. Its website kredit.pe draws about 128 thousand monthly visits. Its Indian entity Wtex Fintech Private Limited reported revenue of ₹32.08 Cr. Its focus areas include FinTech, Payments, Consumer Payments and Wallets. Its competitors include PhonePe, MobiKwik and Paytm; 3 of its 3 listed competitors have raised funding.
Company details
Provider of credit cards and cashback rewards via UPI transactions. It offers credit cards requiring no credit history or income proof, enabling cashback earning on UPI and offline payments. Users can link bank accounts or RuPay cards to the UPI system for cashback. A secured card option exists, with an upgrade path to a higher-tier card offering additional rewards. Cashback redemption is facilitated through a dedicated app, which also provides access to shopping discounts with various merchants.
- Headquarters Bengaluru, India
- Employees 19
- Founders Prashant Kumar
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website kredit.pe
- Social LinkedIn
- Legal Name Wtex Fintech Private Limited
- Date of Incorporation 06 Apr, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹32.08 Cr
FY 2026 · +916% YoY
- Net Loss-₹19.32 Cr
FY 2026 · -60% margin
- EBITDA-₹19.20 Cr
FY 2026 · -60% margin
- Total Equity Funding$4.45M (USD)
in 2 rounds
- Latest Funding Round$3.95M (USD), Seed
Aug 2025
- InvestorsXeed Ventures
& 1 more
- Employee Count19
Associated legal entities of Kredit.Pe
Kredit.Pe is associated with 2 registered companies on The Company Check; the primary company is Wtex Fintech Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wtex Fintech Private Limited CIN U64990KA2023PTC171981 | Active | 06 Apr 2023 | Bangalore North, Karnataka | ₹32.1 Cr | 31 | 4 | View details |
| Wtex Fintech Private Limited CIN U82990KA2023PTC171981 | 06 Apr 2023 | Bangalore, Karnataka, India | View details |
Funding Insights of Kredit.Pe
Kredit.Pe has successfully raised a total of $4.45M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.95 million completed in August 2025. 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 $4.45M
- Total Rounds 2
- Last Round Seed — $3.95M
- First Round $506,369
(Feb 2024)
- Investors Count 2
All 2 funding rounds of Kredit.Pe 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 |
|---|---|---|---|---|---|
| Aug 2025 | $3.95M | Seed | – | – | |
| Feb 2024 | $506,369 | Seed | $10.05M | Xeed Ventures | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2024 | $10.05M | •••••••• |
Last known valuation $10.05M (Feb 2024). 2 investors in total: 2 institutional.
Investors in Kredit.Pe
Kredit.Pe has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Xeed Ventures and Beenext.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investment firm | xeed.vc | Bengaluru, India | ||
| beenext.com |
Investor details for Kredit.Pe
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Board of directors of Wtex Fintech Private Limited (Kredit.Pe)
Wtex Fintech Private Limited is the primary company behind Kredit.Pe. The board of Wtex Fintech Private Limited currently have 4 directors; the longest-serving is Prashant Kumar, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prashant Kumar DIN 09429191 | Director | 06 Apr 2023 | 3 yrs 7 mo | Wtex Fintech Private Limited |
| Rashmi Kumar DIN 09429192 | Director | 06 Apr 2023 | 3 yrs 7 mo | Wtex Fintech Private Limited |
| Sailesh Tulshan DIN 07309300 | Nominee Director | 04 Nov 2024 | 2 yrs | Wtex Fintech Private Limited |
| Kumar Anshumali DIN 11540002 | Additional Director | 26 Feb 2026 | 8 mo | Wtex Fintech Private Limited |
People of Kredit.Pe
1 people are tracked at Kredit.Pe (1 in leadership); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Kredit.Pe
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Financials of Kredit.Pe
Figures of Wtex Fintech Private Limited, the primary company behind Kredit.Pe, for FY 2026. Revenue was ₹32.08 Cr (+916% year on year). Net loss was -₹19.32 Cr (-60% margin). EBITDA was -₹19.20 Cr (-60% margin). Revenue has grown at a compounded annual rate of 0% over three years and 0% over five years.
- ₹32.08 CrRevenue · FY 2026 · +916% YoY
- -₹19.32 CrNet loss · -60% margin
- -₹19.20 CrEBITDA · -60% margin
- ₹16.5 LakhPaid-up capital
- 31Employees (provident fund records)
- 0%Revenue CAGR, 3 years
- 0%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wtex Fintech Private Limited are on its company page.
Detailed financial statements for Kredit.Pe
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Kredit.Pe
4 dated milestones of Kredit.Pe across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Kredit.Pe is founded.
- Funding First funding round of $506K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $3.9M.
Competitors of Kredit.Pe
Kredit.Pe has 3 listed competitors in our database, 3 of them funded. They include PhonePe, MobiKwik and Paytm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phonepe.com | 2012 | Bengaluru, India | $1.71B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| paytm.com | 2000 | Noida, India | $2.81B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. |
Detailed competitors of Kredit.Pe
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Verified entity values are shown only after access is granted.
Web traffic of Kredit.Pe
The website of Kredit.Pe (kredit.pe) receives about 127.7K visits a month.
- Monthly visits127.7K
▼ 25.2% vs previous month
Websites whose visitors overlap most with Kredit.Pe. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| idfcfirstbank.com | 100% | 3.9M | #11,461 | View details | |
| kreditbee.in | 93% | 1.1M | #45,029 | View details | |
sbmbank.co.in | sbmbank.co.in | 91% | #1,016,704 | – | |
| hdfcbank.com | 71% | 54.1M | #641 | View details | |
| yesbank.in | 70% | 220.8K | #91,077 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Kredit.Pe
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- 9 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Kredit.Pe (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Kredit.Pe
Complete news archive for Kredit.Pe
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Frequently Asked Questions about Kredit.Pe
Kredit.Pe was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Kredit.Pe is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prashant Kumar is the CEO of Kredit.Pe, as recorded in our data. They have also founded this company.
Kredit.Pe is a funded company, having raised a total of $4.45M across 2 funding rounds to date. The company's 1st funding round was a Seed of $506.37K, raised on Feb 2024.
Kredit.Pe has 19 employees.
The primary company behind Kredit.Pe, Wtex Fintech Private Limited, reported revenue of ₹32.08 Cr for FY 2026, up 916% year on year.
Provider of credit cards and cashback rewards via UPI transactions. It offers credit cards requiring no credit history or income proof, enabling cashback earning on UPI and offline payments. Users can link bank accounts or RuPay cards to the UPI system for cashback. A secured card option exists, with an upgrade path to a higher-tier card offering additional rewards. Cashback redemption is facilitated through a dedicated app, which also provides access to shopping discounts with various merchants.
Kredit.Pe has 2 investors. Key investors include Xeed Ventures, and Beenext.
The valuation of Kredit.Pe is $10.05M as of Feb 2024.
Kredit.Pe operates through Wtex Fintech Private Limited.
The legal entities of Kredit.Pe currently have 4 directors, including Prashant Kumar, Rashmi Kumar, Kumar Anshumali and others.