What is OneScore?
OneScore operates as the sole application in India dedicated to empowering consumers to improve their credit scores through an AI-based score planner. The company, OneConsumer Services Pvt. Ltd., is founded on the principle of prioritizing the consumer in financial services, which are often perceived as complex and opaque. By rebuilding technology with empathy, OneScore aims to demystify financial management and provide accessible tools for credit health improvement.
How much funding has OneScore raised?
OneScore has raised a total of $186M across 3 funding rounds:
Series A
$10M
Unspecified
$76M
Series D
$100M
Series A (2020): $10M with participation from Matrix Partners India, Hummingbird Ventures, and Sequoia Capital India
Unspecified (2021): $76M led by Ocean View Investments Group and QED Investors
Series D (2022): $100M supported by QED Group, Temasek, and Sequoia Capital
Key Investors in OneScore
Temasek
Temasek is a global investment company headquartered in Singapore, known for its generational investment approach and focus on making a difference with tomorrow in mind.
Sequoia Capital
Sequoia Capital is a prominent venture capital firm that invests across various stages, actively partnering with entrepreneurs to build market-leading companies globally, with a significant presence in India.
Ocean View Investments Group
Ocean View Investments Group is a financial advisory firm that provides wealth management, retirement planning, and investment strategies, focusing on personalized financial plans to help clients meet their goals.
What's next for OneScore?
With the recent major strategic investment, OneScore is poised for accelerated expansion and product development. The company is expected to leverage this capital to enhance its AI capabilities, broaden its user base across India, and potentially explore new financial wellness services. This funding round signals strong investor confidence in OneScore's innovative approach to consumer credit management and its potential to disrupt the fintech landscape.
See full OneScore company page