Skip to main content

Spense

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 typeStageDateAmountInvestors
EquitySeedJul 1, 2026$2.8m
************************************************$1.9m****************