About Kredit.Pe
Kredit.Pe is a company based in Bengaluru (India) founded in 2023 by Prashant Kumar. Kredit.Pe has raised $506.37 thousand across 1 funding round from investors including Xeed Ventures. The company has 19 employees as of February 28, 2025. Kredit.Pe operates in a competitive market with competitors including PhonePe, MobiKwik, Paytm, FreeCharge and MoneyGram, among others.
- Headquarter Bengaluru, India
- Employees 19 as on 28 Feb, 2025
- Founders Prashant Kumar
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Wtex Fintech Private Limited
- Date of Incorporation 06 Apr, 2023
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$506.37 K (USD)
in 1 rounds
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Latest Funding Round
$506.37 K (USD), Seed
Feb 21, 2024
- Investors
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Employee Count
19
as on Feb 28, 2025
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Funding Insights of Kredit.Pe
Kredit.Pe has successfully raised a total of $506.37K through 1 strategic funding round. The most recent funding activity was a Seed round of $506.37 thousand completed in February 2024. 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.
Investors in Kredit.Pe
Kredit.Pe has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Xeed Ventures.
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Early-stage venture capital investment firm
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Investor details for Kredit.Pe
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Investments & Acquisitions by Kredit.Pe
Investment portfolio details for Kredit.Pe
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Financial Statements - Kredit.Pe
Detailed financials for Kredit.Pe
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Kredit.Pe Comparisons
Peer comparison for Kredit.Pe
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Competitors of Kredit.Pe
Kredit.Pe operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PhonePe, MobiKwik, Paytm, FreeCharge and MoneyGram, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment, financial, investment, and lending services are provided digitally.
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Operator of platform for online mobile, DTH recharge, and bill payments
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Digital payments, financial services, and e-commerce platforms are provided.
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Digital wallet services for bill payments and recharges are facilitated.
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Cross-border payments are enabled via wallet solutions for consumers.
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Wallet-based payment solutions are provided for consumers and businesses.
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Detailed competitors of Kredit.Pe
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Latest news on 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 current CEO of Kredit.Pe. They have also founded this company.
Kredit.Pe is a funded company, having raised a total of $506.37K across 1 funding round to date.
As of Feb 28, 2025, the latest employee count at Kredit.Pe is 19.
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 1 investor. Key investors include Xeed Ventures.
The valuation of Kredit.Pe is $10.05M as of Feb 2024.