Uni Cards funding, investors and company details

Uni Cards is an emerging Banking and Finance startup from Bengaluru, working in the space of Uni Cards operates in the financial services industry, specifically within the fintech and credit card sector.. Founded by Nitin Gupta, Prateek Jindal, Laxmikant Vyas.

Company: Uniorbit Technologies Private Limited
Sector: Banking and Finance
Location: Bengaluru
Founders: Nitin Gupta, Prateek Jindal, Laxmikant Vyas
Total funding raised: ₹50 Cr

Company overview

Uni Cards is a Bengaluru-based fintech founded , offering innovative credit card alternatives like the "Pay 1/3rd" model and GoldX card with digital gold rewards.Uni aims to revolutionize consumer credit by providing flexible payment options (split spends into 3 parts interest-free), 1% assured cashback, zero forex markup, and novel rewards like 24K digital gold, eliminating traditional credit card pain points like high fees and rigid billing.With 251-500 employees operating in 130+ Indian cities, Uni partners with SBM Bank for card issuance and acquired a P2P lending license, reporting ₹34 Cr revenue but ₹167 Cr loss in FY23 amid RBI regulations on BNPL products. Raised $104M+ from Stride Ventures, Eight Roads Ventures; now offers Uni Paycheck early salary loans post-regulatory pivot.

Funding rounds

Latest round (Debt): ₹50.00 Cr. ($ 6.33 Mn), 2022-06-08. Investors: Stride Ventures