Startups X Credit Cards
How are Indian startups performing in credit cards? Haven’t heard much noise lately from any of them Uni, Slice, Scapia, Kiwi everyone seems to be cooling down at this point. Last couple of quarters all were pushing a lot in marketing and onboarding.
Bugtesting
Student
8 months ago
- One card is loss making, Raised funds this year.
- Fi has a credit card- Simplifi which is FD backed and AmpliFi which is based on your
- Slice acquired a bank (so they are the 1st fintech with a baning license) so can expect some interesting offerings
I find Niyo, Scapia so similar.
Uni has early salary which is their offering which honestly Fi & Jupiter also have in salary accounts (idk the eligibility criteria though)
Heard that Scapia is going through some regulatory issues and had to stop user onboarding. Anyone here from Scapia?
JigyJigyBoomBoom
Stealth
6 months ago
How is Jupiter now?
Credit card cannot be issued by startup’s. They can partner with bank to issue it which makes it a bad deal for startup’s.
