Basic Information
Credit Fair is a consumer lending fintech building credit ladder. Credit Fair provides 0% or low cost, short-term, unsecured installment loans at the point of sale. The platform's edge lies in providing the right amount of credit, at the right time and the right cost to near-prime and thin-file borrowers who are ignored by traditional lenders. Their unique credit assessment process has helped them achieve a quick turnaround time of less than a day and a high approval rate, enabling more Indians to avail credit. By providing 0% or easy EMI, they are increasing access to low-cost credit hence, securing the financing health of the borrowers. Credit Fair also helps borrowers build a credit ladder, a credit score to help them access credit from other lenders and at a fairer rate.
Legal Name
:
K M Global Credit Private Limited
Headquarters
:
Mumbai, Maharashtra , India
Business Model
:
Founding Date
:
2018
No. of Employees
:
21 to 40
Core Team
:
1.
Aditya Damani
Founder
Revenue Stream
Funding
Detail Round Breakdown
Round 1
$10M
Series Name
:
SEED
Date
:
3rd Aug 2022
Investors
:
1.
LC Nueva Investment Partners
2.
Capital A
3.
Sattva Family Office
4.
Nitesh Damani
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