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ONECARD
OneCard
Fintech (mobile-first credit cards) · India · Founded · 2019

OneCard Company Profile

Private

Founded in 2019, OneCard operates in fintech (mobile-first credit cards). Its latest valuation stands at $1.4B. The stock is not listed on any public market.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
OneCard at a glance
Last valuation
$1.4B
POST-MONEY · JUL 2022
Raised across rounds
$136.1M
3 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
HOOD—
HOOD-PERP · live
Valuation history

OneCard valuation history

2 valuations. The latest, $1.4B post-money, was set by the Series D extension in Nov 2024.

$1.4B
Jul 2022
$1.4B
Series D · post-money
Nov 2024
$1.4BLATEST
Series D extension · post-money
+0% vs prior valuation
Latest valuation
$1.4Bpost-money
Set by the Series D extension · 28 Nov 2024
×1.0since the $1.4B Series D in Jul 2022
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The Series D extension · $28.5M raised
Undated: Series D extension at —.
Funding history

OneCard funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series D
Jul 2022
$100M
$1.4B
Temasek
—
Series D extension
Nov 2024
$28.5M
$1.4B
Better Tomorrow Ventures, Peak XV, Z47
+0.0%
Series D extension
—
$7.6M
—
Peak XV Partners
—
OneCard · investors

Investors

PPeak XV PartnersLEADBBetter Tomorrow VenturesLEADPPeak XVLEADZZ47LEADTemasekLEADQQED InvestorsSSequoia Capital IndiaHummingbird Ventures
Will OneCard IPO?
Founded
2019
Jul 2022
Series D · $1.4B
Nov 2024
Series D extension · $1.4B
IPO
Not announced
No filing has been made.
OneCard — the private market
Last valuation$1.4B · post-money · Jul 2022
Total raised$136.1M
Lead investors
Peak XV PartnersBetter Tomorrow VenturesPeak XVZ47
IPO statusNot announced
Founded · HQ2019 · India
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About OneCard

OneCard is a mobile-first credit card operated by FPL Technologies out of Pune, India, giving users an app for managing credit cards issued by RBI-approved banks alongside UPI and bill payments through BBPS. FPL Technologies also runs OneScore, a credit-score monitoring app, and Wizely, a savings-focused product, extending the same in-house technology across credit, payment and savings needs. The company was founded in 2019 by Rupesh Kumar, Anurag Sinha, Vibhav Kirit Hathi, Hari Velayudan and Devang Shah.

OneCard markets its card as having no joining or annual fee, giving cardholders full control over credit limits and rewards redemption from within the app. It is distinct from the separate OneCard launched by US fintech Upgrade in 2026, which combines pay-now, pay-in-4 and pay-over-time options on a single card.

The money screen · ranked by accessibility

How to get OneCard exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds OneCard.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. OneCard availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — OneCard included.

No account needed

OneCard stock — frequently asked questions

Who has invested in OneCard?›

Lead investors for each round are in the funding timeline.

Who are OneCard's competitors?›

The closest fintech (mobile-first credit cards) peers are on the competitors page.

How can I get exposure to OneCard?›

The routes section explains what is realistically available for a company at this stage.

Is OneCard publicly traded?›

No. OneCard is a private company; its shares do not trade on a public exchange.

What is OneCard's valuation?›

The last valuation is $1.4B.

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