Founded in 2019 by Rupesh Kumar, Anurag Sinha, and Vibhav Hathi, OneCard is offered by FPL Technologies, which is a fintech firm operating in the digital and physical credit cards. FPL Technologies' OneCard currently offers services in 12 cities across India including Mumbai, Bengaluru, Delhi, and NCR. It operates in the credit card disbursing space where recent unicorn Slice , which is backed by Tiger Global Management , and Uni Cards , backed by General Catalyst , operate in. OneCard offers first-time credit card users a virtual, cellphone-based card to build a credit score. It also enables an equated monthly instalment (EMI) facility for purchases of Rs 3,000 and above at an interest rate of 1.33% with a repayment tenure of 3-24 months.