FPL Technologies

FPL Technologies, a creator of OneScore App, that allows you to check & understand your credit score for FREE.

FPL breaks through the clutter with a simplified and streamlined approach to rebuild the credit and payments platform with a unique model that leverages tech and over-weighs on data security.

FPL Tech was founded in Sep 2018 by Anurag Kumar, Rupesh Kumar, and Vibhav Hathi. The company is based in Pune, Maharashtra, India.

 

FPL aims to address a wide range of pain points of credit card holders, such as in-person meeting or telephonic interaction with bank representatives for getting a credit card, having to talk to someone to get basic support and not being able to mask the card’s identity when shopping online. 

 

FPL's OneCard currently offers services in 12 cities across India including Mumbai, Bengaluru, Delhi, and NCR. The OneCard has more than 20,000 people across the country who are currently using this metal-made credit card, which has been certified by Visa and a number of security firms.

 

FPL's app, OneScore, has amassed over 10 million users. The company is launching a credit cards enabling buy now pay later (BNPL) targetting millennials are taking off.

 

FPL is backed by QED Investors, Matrix Partners India, Sequoia Capital India, Ocean View Investments, Hummingbird Ventures, Janchor Partners, and others. The company raised $75M in Series C round on Jan 12, 2022. This brings FPL's total funding to $165.5M to date. The latest round valued the company at $750M post-money.

 

 

  • Year founded: 2018
  • Funding Info: $165.5M over 4 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $750M as of Jan 12, 2022
  • City/Town: Pune
  • State: Maharashtra
  • Country: India
Related businesses