When was CreditMate founded?

CreditMate was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is CreditMate located?

CreditMate is headquartered in Mumbai, India. It is registered at First Floor, Devika Tower Nehru Place, New Delhi, Delhi, India, 110019.

Who is the current CEO of CreditMate?

Jonathan Bill of CreditMate. They are also an angel investors in 1 startup.

How many employees does CreditMate have?

As of May 31, 2026, the latest employee count at CreditMate is 40.

Is CreditMate a funded company?

CreditMate is a funded company, having raised a total of $2.65M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 25, 2016.

How much is CreditMate worth?

The last known valuation of CreditMate was ₹***** as of Oct 30, 2019.

When was the latest funding round of CreditMate?

CreditMate's latest funding was a $***** Seed round on Nov 22, 2017, with participation from 1 investor. Its primary sector is Auto E-Commerce & Content. Globally, the Auto E-Commerce & Content sector has seen $1.01B in funding in 2026 to date.

What is the annual revenue of CreditMate?

Annual revenue of CreditMate is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does CreditMate rank among its competitors?

CreditMate ranks 7th amongst 63 active competitors, of which 16 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Ecofy, which secured $15M in May, 2026.

Who are the top competitors of CreditMate?

CreditMate's top competitors include Credgenics, Ecofy and DPD Zero. Among them, Ecofy secured the most recent funding round in May, 2026.

CreditMate - 2026 Company Profile, Team, Funding, Competitors & Financials

CreditMate is an acquired company based in Mumbai (India), founded in 2016 by Jonathan Bill, Aditya Singh and Pranav Pratap Doshi. It operates as a Collection platform. CreditMate has raised $2.65M in funding from Paytm, with last known valuation of ₹*****. The company has 63 active competitors, including 16 funded and 6 that have exited. Its top competitors include companies like Credgenics, Ecofy and DPD Zero.

Company Details

CreditMate is a collection platform. It helps lenders to collect overdue payments from borrowers. Has been authorized to collect loan repayments from over 30 lenders.

Website: creditmate.in/lender
Social
Email ID: *****@creditmate.in
Phone Number: +91 **********
Part Of
Registered Address: First Floor, Devika Tower Nehru Place, New Delhi, Delhi, India, 110019

Key Metrics

Founded Year

2016

Location

Mumbai, India

Stage

Acquired

Total Funding

$2.65M in 2 rounds

Latest Funding Round

Seed, Nov 22, 2017, $*****

Last Known Valuation

₹***** as on Oct 30, 2019

Investors

Paytm & 2 more

Ranked

7^th among 63 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

40 as on May 31, 2026

Similar Companies

Credgenics & 624 more

Exit Details

Acquired by Paytm (Oct 02, 2021)

View CreditMate's full profile

CreditMate is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
FINCOLLECT SERVICES PRIVATE LIMITED CIN: U67100MH2019PTC329349 , India, Active	Aug 14, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
URJA MONEY PRIVATE LIMITED CIN: U93000MH2012PTC237284 , India, Active	Oct 30, 2012	₹10 - ₹50 Cr (As on Mar 31, 2025)	2 (As on Jan 31, 2025)
ONE 97 COMMUNICATIONS LIMITED CIN: L72200DL2000PLC108985 , India, Active	Dec 22, 2000	₹1,000+ Cr (As on Mar 31, 2025)	3 (As on Dec 31, 2024)

CreditMate got acquired by Paytm on Oct 02, 2021.

Click here to take a look at CreditMate's acquisition in detail

CreditMate has raised a total funding of $2.65M over 2 rounds. Its first funding round was on Oct 25, 2016. Its latest funding round was a Seed round on Nov 22, 2017 for $*****. 1 investor participated in its latest round. CreditMate has 3 institutional investors.

Here is the list of recent funding rounds of CreditMate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 22, 2017	1884027	Seed	8276079	3282283	2261606	9725329
Oct 25, 2016	4921978	Seed	3896486	3255843	2006332	India Quotient

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View details of CreditMate's funding rounds and investors

The founders of CreditMate are Jonathan Bill, Aditya Singh and Pranav Pratap Doshi.

Here are the details of CreditMate's key team members:

Jonathan Bill: Co-Founder & CEO of CreditMate. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Aditya Singh: Co-Founder of CreditMate and founder of 4 other companies, including TAP Fintech, GoGreen Capital and TapFin. They serve on the board of 1 company.
Contact Info: 3 email addresses and 1 phone number
Pranav Pratap Doshi: Co-Founder of CreditMate. They serve on the board of 1 company.
Contact Info: 1 email address

CreditMate's Board of Directors

CreditMate's board has 2 active members. Jonathan Bill and Ashish Doshi are part of team.

Here is the list of CreditMate's board of directors:

Name	Type	Representing	Status	Duration
Jonathan Bill	Team	-	Current	10y 1m
Ashish Doshi	Team	-	Current	13y 8m
xtdmstk	Team	-	Past	6y 6m

View details of CreditMate's Founder profiles and Board Members

CreditMate's employee count trend

CreditMate has 40 employees as of May 26. Here is CreditMate's employee count trend over the years:

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Top competitors of CreditMate include Credgenics, Ecofy and DPD Zero. Here is the list of Top 10 competitors of CreditMate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Credgenics Noida (India), Series B	Provider of AI-powered platform for debt collections and resolution processes	$79.1M	Accel, WestBridge Capital & 49 others	74/100
2nd	Ecofy 2022, Mumbai (India), Series B	Financial solutions for the electric vehicle, solar, and SME sectors	$65.5M	Finnfund, British International Investment ... & 4 others	71/100
3rd	DPD Zero 2022, Bengaluru (India), Series A	Provider of AI-powered platform for managing and optimizing debt collection	$10.8M	Better Capital, Blume Venture & 18 others	69/100
4th	CreditNirvana 2018, Bengaluru (India), Acquired	Provider of an AI/ML-driven debt management platform for financial institutions	$2.02M	Cornerstone Ventures, Vibhathi & 3 others	61/100
5th	CredResolve 2023, Gurugram (India), Seed	Platform providing debt collection and debt repayment management solutions using AI-driven technology	$1.85M	UNLEASH, Merak Ventures & 7 others	60/100
6th	Spocto 2017, Bengaluru (India), Acquired	Provider of debt collection software for lenders	-	-	59/100
7th	CreditMate 2016, Mumbai (India), Acquired	Collection platform	$2.65M	India Quotient, Paytm & 1 others	58/100
8th	Ascend Capital 2018, Jaipur (India), Series A	Platform offering alternative financing solutions for electric vehicles	$6.02M	Info Edge Ventures, Asha & 33 others	57/100
9th	Perpetuity Capital 2017, Kolkata (India), Seed	Provider of online auto loans	$125K	Response Vintrade, RevX Capital & 5 others	57/100
10th	VidyutTech 2021, Bengaluru (India), Series A	Provider of platform offering electric vehicles financing	$20M	Trifecta Capital, 3one4 Capital & 40 others	55/100