OneCard – Company Profile

OneCard is a credit card service provider company, based out of Pune, Maharashtra. Founded in 2019, OneCard has emerged as a popular choice, especially for the mobile generation. The company goes beyond the usual service of providing credit of 45 days to users. Customers using OneCard have access to a full technology stack including a dedicated app to manage transactions and other data.

With OneCard, users are eligible for a wide range of rewards, coupons and cashbacks. They can also avail EMIs at competitive interest rates. Another great thing about OneCard is that it has an online onboarding process. If an individual meets all the criteria, they can get their OneCard approved within 5 minutes.

OneCard also differentiates itself by offering an entirely metallic card instead of the usual plastic card. OneCard is RBI approved and the company has partnered with several of the leading banks such as Federal bank, BOB Financial, CSB Bank, South Indian Bank and SBM Bank.


The idea for OneCard came to the founders when they noticed that the overall experience of using credit cards was quite boring. Even with discounts, rewards and cashbacks, the usual set of credit cards did not have a strong emotional connect with users. Also, the founders noticed that there was not enough transparency in the fees and charges levied by respective banks.

Aiming to fix such issues and to ensure a more rewarding experience for users, OneCard was launched in 2019. It has gained popularity, as there is no joining fees, no annual fees and no rewards redemption fees. OneCard claims that it will never charge its customers any type of hidden fees. Users also benefitted from OneCard mobile app, which allows complete control of various features.


OneCard has received investments worth $227 million via 6 rounds of funding. In the last funding round in 2022, OneCard received investment worth $100 million. With that, OneCard’s valuation crossed the $1 billion mark, thereby achieving the coveted Unicorn tag. Some of the key investors include Matrix Partners India, Sequoia and Hummingbird VC.


OneCard has not made any acquisitions in recent times.


OneCard competes with the likes of CRED, Slice, Uni Cards and Stashfin.

About the founders

OneCard was founded by Anurag Sinha, Rupesh Kumar and Vibhav Hathi. Anurag Sinha currently serves as the CEO at OneCard. He had earlier worked with companies like ICICI Bank, Walnut App, Sarvatra Technologies and HCL Infosystems Ltd. Co-founder Rupesh Kumar had earlier worked with ICICI Bank, Dresdner Kleinwort Wasserstein and Geometric Ltd. Co-founder Vibhav Hathi had earlier worked with ICICI Bank and Reliance.

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