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Overview
Faircent helps in eliminating the high margins which intermediaries like banks and financial institutions make on our transactions. Banks have massive overheads, with thousands of employees to pay and hundreds of branches to maintain. Banks must take large margins on the money that passes through them. Whereas at Faircent.com people who have spare money lend it directly to people who want to borrow. There are no banks in the middle, no huge overheads
About
Financial Services, FinTech, Banking, Lending
2013
51-100
Headquarters locations
India, Asia
Social
N/A
Profile Resume
Faircent headquartered in India, Asia, operates in the Financial Services, FinTech, Banking, Lending sector. The company focuses on Financial Services and has secured $1.4B in funding across 144 round(s). With a team of 51-100 employees, Faircent is actively contributing to advancements in Financial Services. Their latest funding round, Angel Round - Faircent, raised $4.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
9
2
0
$9.8M
Details
7
Faircent has raised a total of $9.8M in funding over 7 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Early Stage Venture | 1.5M | ||
2016 | Early Stage Venture | |||
2015 | Seed | 250.0K | ||
2015 | Seed | 4.0M |
Investors
Faircent is funded by 30 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Kshitij Jain | - | FUNDING ROUND - Kshitij Jain | undefined |
3one4 Capital | - | FUNDING ROUND - 3one4 Capital | undefined |
Faircent | - | FUNDING ROUND - Faircent | undefined |
Aarin Capital | - | FUNDING ROUND - Aarin Capital | undefined |
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