Table of contents
The Company in 3 lines
- KreditBee provides loans to small businesses in India. It features a simple method that makes acquiring funds for small businesses easier.
- KreditBee also provides a SaaS platform with API services for various fintech businesses and brands.
- All you have to do is fill out an application online with basic details about the company. The application is then reviewed by KreditBee, which then decides within 24 hours.
Website: Click here
Headquarters: Bengaluru, India
Business Model: B2B
Founding Year: 2018
Number of Employees: 1001-5000
Core Team Members: Karthikeyan Krishnaswamy, Madhusudan Ekambaram, Vivek Veda (founders)
Revenue Streams: Loan Transactions, Interest
Target Market: SME
KreditBee was founded in Banglore by Madhusudan Ekambaram and Ranganath NK. The two entrepreneurs noticed a need for such a service in India's tech sector and founded KreditBee to help small businesses with their financial requirements.
It has issued approximately $2 billion in loans in the last three years. It has more than five million credit borrowers and offers more than 15,000 loans per day. It also launched KreditBee cards to stimulate usage and provide clients with timely offers.
It issues around 5,000 cards every day and is also introducing BNPL. It will be integrated with a variety of payment gateways and merchants.