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Builders in Fintech

True Balance

Builders in Fintech has recorded 3 equity rounds for True Balance, most recently a series d round of $28M on 18 November 2020.

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Product

Instant personal loans through a mobile app

Consumer credit and BNPL

True Balance is an Indian lending app that provides instant personal loans from ₹5,000 to ₹2,00,000. Approval is based on a credit assessment, funds arrive in minutes and loans are repaid in EMIs over 6 to 24 months. The app also lets users check their CIBIL credit score and pay bills and mobile recharges.

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