True Credits

Gurugram, India Founded: 2017 • Age: 9 yrs
Provider of an app-based platform for personal loans and investment products
Annual revenue $78.3M Latest available
Total funding - Funding intelligence
Employees 91 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About True Credits

True Credits is a company based in Gurugram (India) founded in 2017 by Charlie Lee. The company has 91 employees as of April 09, 2024. True Credits offers products and services including Collateral-Free Loans and True Balance App. True Credits operates in a competitive market with competitors including Kissht, Branch, Stashfin, Finnable and Money View, among others.

  • Headquarter Gurugram, India
  • Employees 91 as on 09 Apr, 2024
  • Founders Charlie Lee
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Legal Name True Credits Private Limited
  • Date of Incorporation 05 Sep, 2017
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $78.26 M (USD)
    80.73
    as on Mar 31, 2024
  • Net Profit
    $4.27 M (USD)
    129.98
    as on Mar 31, 2024
  • EBITDA
    $13.29 M (USD)
    109.07
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    91

    as on Apr 09, 2024

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Products & Services of True Credits

True Credits offers a comprehensive portfolio of products and services, including Collateral-Free Loans and True Balance App.

Product name locked
Category locked
Primary

Offers loans with minimal documentation and instant disbursal for users.

Product name locked
Category locked
Locked

Platform for accessing quick credit and financial services digitally.

Funding Insights of True Credits

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Detailed funding history for True Credits

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Investments & Acquisitions by True Credits

Investments
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Investment portfolio details for True Credits

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Financial Statements - True Credits

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Detailed financials for True Credits

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True Credits Comparisons

True Credits Primary company
Description
Provider of an app-based platform for personal loans and inv...
Location
Gurugram, India
Founded Year
2017
Annual Revenue
$78.26 M (USD)
Net Profit
$4.27 M (USD)
EBITDA
$13.29 M (USD)
Employees
91
As of 2024
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Peer comparison for True Credits

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Competitors of True Credits

True Credits 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 Kissht, Branch, Stashfin, Finnable and Money View, among others.

Company Name Domain Founded year HQ Location Description
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Personal, business, and property loans are provided by Kissht.
Locked Locked Locked
Branch is focused on providing faster workforce payment solutions.
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Digital lending and instant credit lines are provided to individuals.
Locked Locked Locked
Online personal loans with minimal documentation are offered digitally.
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Loans, credit cards, gold investments, insurance, and UPI are provided.
Locked Locked Locked
Online instant personal loans are provided to salaried professionals.
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Detailed competitors of True Credits

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Latest news on True Credits

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Complete news archive for True Credits

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Frequently Asked Questions about True Credits

True Credits was founded in 2017.

True Credits is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Charlie Lee is the current CEO of True Credits. They have also founded this company.

As of Apr 09, 2024, the latest employee count at True Credits is 91.

Annual revenue of True Credits is $78.26M as on Mar 31, 2024.

Founded in 2017 and based in Gurugram, India, True Credits operates in the fintech sector through an Android app. Personal loans with flexible amounts and repayment terms are provided to unbanked individuals, requiring personal details and documents for approval. Funds are transferred to registered bank accounts upon approval, alongside services for bill payments and gold investments. The platform focuses on accessible financial tools for underserved users.

True Credits's top competitors include Stashfin, Money View and Kissht.

True Credits offers Collateral-Free Loans and True Balance App.

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