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Faircent.com
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Faircent.com

https://www.faircent.com/
Last activity: 16.03.2026
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Categories: BusinessFinTechInterestITLoanMarketplaceOnlinePlatformServiceVirtual
Faircent helps in eliminating the high margins which intermediaries like banks and financial institutions make on our transactions. Banks have massive overheads, with thousands of employees to pay and hundreds of branches to maintain. Banks must take large margins on the money that passes through them. Whereas at Faircent.com people who have spare money lend it directly to people who want to borrow. There are no banks in the middle, no huge overheads
Likes
51.66K
Followers
6.89K
Website visits
65.5K /mo.
Mentions
28
Location: India, Haryana, Gurugram
Employees: 51-200
Phone: +91 120 465 9902
Total raised: $4.16M
Valuation: $4M
Founded date: 2013

Investors 2

Funding Rounds 2

DateSeriesAmountInvestors
15.06.2015Series A$250K-
-Series B$3.91M-

Mentions in press and media 28

DateTitleDescription
16.03.2026Microfinance sector undergoing structural transformation in ticket size composition-
09.03.2025RBI did not hold internal meetings, consultations with industry players before finalising August 16 P2P circular: RTIThe Reserve Bank of India (RBI) did not hold specific meetings internally or consult with any non-banking finance companies- peer-to-peer (NBFC-P2P) lending platforms before issuing the August 16 circular that led to a sharp fall in P2P ind...
07.03.2025RBI Slaps Penalties On Faircent, Finzy, Other NBFCs For Non-CompliancesSUMMARY While Rang De and Finzy have been penalised INR 10 Lakh each, LEO1's parent Visionary Financepeer Pvt Ltd has been fined INR 16.60 Lakh The biggest penalty of INR 40 Lakh has been imposed on Faircent The platforms have been penalise...
09.09.2024MobiKwik Xtra suspends ‘anytime withdrawals’; draws flak from usersAfter a crackdown on peer-to-peer (P2P) lending by the Reserve Bank of India (RBI), MobiKwik’s Xtra investors are facing troubles with withdrawals. The issue appears to have been triggered by the change in the withdrawal policy by the platf...
22.08.2024ONDC enters credit market; aims to expand financial services product basketThe Open Network for Digital Commerce (ONDC) today launched unsecured digital loans on its platform, through which it claims to pass loans within six minutes, the company said in a press conference in Mumbai today. The buyer applications in...
13.08.2019India Dealbook: Das, Gunosy back Faircent; Chiratae to invest in Emotix; Tjori raises $700kPremium In the latest funding deals, Faircent has raised an undisclosed amount led by Singapore-based Das Capital and Gunosy Capital while Emotix is raising about $7.5 million in a Series A round. Separately, Tjori has raised $700,000 from ...
20.12.2017P2P lending platform Faircent bags $4 mn in Series B roundDelhi-based Fairassets Technologies India Pvt Ltd, which operates peer-to-peer lending platform Faircent, has raised Rs 25 crore ($4 million) in a Series B round of funding led by new investor Incofin Investment Management, a Belgium-based ...
20.12.2017Lending startup Faircent secures Rs 25 Cr in Series B roundGurugram-based P2P lending startup Faircent has raised Rs 25 crore in Series B round led by Incofin Investment Management. The funding round also saw participation from existing investors – JM Financial, 3one4 Capital, M&S Partners Pte ...
11.08.2016Online P2P lending platform Faircent raises $1.5 mn from Brand CapitalOnline peer-to-peer (P2P) lending platform Faircent, operated by Gurgaon-based Fairassets Technologies India Pvt. Ltd, has raised $1.5 million from Brand Capital, the ad-for-equity investment arm of Bennett Coleman & Co (BCCL). “Our ass...
28.06.2016Rajat Gandhi, Founder and CEO of “Faircent – India’s largest peer-to-peer (P2P) lending marketplace for loans” Shares His Successful Startup StoryContents VID : Please introduce yourself.When did the idea of Faircent born?Introduce your Co-Founder/Founders and Team.Tell us more about Faircent.com, what makes you special from others similar startups?What challenges did you face while ...
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