Spense
Type
startup
Founded
2023
Funding captured
$4.7m
Deals captured
2
About Spense
Spense partners with seven banks across India, including a major public sector bank, and provides infrastructure powering more than 200,000 active cards with over 40,000 new card issuances monthly (about 8% of India's monthly credit card issuance). The company enables banks and financial institutions to offer asset-backed, reusable credit products such as credit cards and credit lines that leverage customer assets and integrate with payment rails and UPI.
Spense funding captured (2)
| Deal type | Stage | Date | Amount | Investors |
|---|---|---|---|---|
| Equity | Seed | Jul 1, 2026 | $2.8m | |
| **************** | **************** | **************** | $1.9m | **************** |