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
Location: India, Haryana, Gurugram
Member count: 51-200
Phone: +91 120 465 9902
Total raised: $4.157776M
Valuation: $4M
Founded date: 2013
Investors 2
| Date | Name | Website |
| - | Elevate In... | eipfund.co... |
| - | Incofin In... | incofin.co... |
Funding Rounds 2
| Date | Series | Amount | Investors | Deal News |
| 15.06.2015 | Series A | $250K | - | vccircle.c... |
| - | Series B | $3.907776M | - | entrackr.c... |
Mentions in press and media 23
| Date | Title | Description | Source |
| 13.08.2019 | India Dealbook: Das, Gunosy back Faircent; Chiratae to inves... | Premium In the latest funding deals, Faircent has raised an undisclosed amount led by Singapore-bas... | dealstreet... |
| 20.12.2017 | P2P lending platform Faircent bags $4 mn in Series B round | Delhi-based Fairassets Technologies India Pvt Ltd, which operates peer-to-peer lending platform Fair... | vccircle.c... |
| 20.12.2017 | Lending startup Faircent secures Rs 25 Cr in Series B round | Gurugram-based P2P lending startup Faircent has raised Rs 25 crore in Series B round led by Incofin ... | entrackr.c... |
| 11.08.2016 | Online P2P lending platform Faircent raises $1.5 mn from Bra... | Online peer-to-peer (P2P) lending platform Faircent, operated by Gurgaon-based Fairassets Technologi... | vccircle.c... |
| 28.06.2016 | Rajat Gandhi, Founder and CEO of “Faircent – India’s largest... | Contents VID : Please introduce yourself.When did the idea of Faircent born?Introduce your Co-Founde... | viralindia... |
| 17.03.2016 | 4 fintech trends from emerging economies | The phenomenon of innovations from the emerging world making great impact in developed markets, popu... | nordicstar... |
| 12.06.2015 | India Peer-To-Peer Platform Faircent Raised ₹250,000 During ... | On Friday, Gurgaon-based peer-to-peer lending platform Faircent announced it has raised ₹250,000 in ... | crowdfundi... |
| 12.06.2015 | Online P2P lending marketplace Faircent raises $250K from Si... | Fairassets Technologies India Pvt Ltd, the company behind peer-to-peer lending marketplace Faircent,... | vccircle.c... |
| 07.01.2015 | Online P2P lending marketplace Faircent.com raises angel fun... | Gurgaon-based Fairassets Technologies, the company behind Faircent, an online marketplace for peer-t... | vccircle.c... |
| - | Meet The Top 50 Emerging Indian Startups From Nasscom Emerge... | Nasscom, during the Nasscom Product Conclave 2016 today in Bengaluru, announced the list of startups... | inc42.com/... |
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