GalaxyCard
About GalaxyCard
GalaxyCard offers a mobile application that provides instant credit limits, allowing users to complete their application and receive approval within three minutes without any interest or annual fees. This solution addresses the need for quick and hassle-free access to credit for everyday expenses, enabling users to make payments at various merchants and online platforms seamlessly.
```xml <problem> Many individuals with limited or inconsistent incomes are excluded from traditional credit card offerings due to stringent eligibility criteria and extensive documentation requirements. This lack of access to credit can hinder their ability to manage daily expenses and participate in the digital economy. </problem> <solution> GalaxyCard provides a mobile-first platform that offers instant access to a virtual credit card, enabling users to quickly obtain credit limits for online and offline transactions. The application process is streamlined, allowing users to complete KYC and receive approval within minutes, without requiring extensive paperwork. The virtual card can be used to make payments at various merchants, pay utility bills, recharge phones, and shop online. GalaxyCard aims to bridge the credit gap for underserved populations by providing a hassle-free and accessible credit solution. </solution> <features> - Instant virtual credit card issuance with approval in as little as 3 minutes - Digital KYC process using PAN and Aadhaar for quick verification - No annual fees or interest charges for the initial credit period (up to 45 days) - UPI QR code scanning for payments at local stores and merchants - Virtual card details (card number, expiry date, CVV) for online transactions - Real-time transaction notifications for enhanced security - Option to block retail merchants and manage subscriptions directly from the app - NPCI RuPay card promoting digital transactions </features> <target_audience> The primary target audience is individuals with a monthly income less than Rs 30,000, including blue-collar workers and those typically rejected by traditional banks due to income constraints or lack of credit history. </target_audience> ```
What does GalaxyCard do?
GalaxyCard offers a mobile application that provides instant credit limits, allowing users to complete their application and receive approval within three minutes without any interest or annual fees. This solution addresses the need for quick and hassle-free access to credit for everyday expenses, enabling users to make payments at various merchants and online platforms seamlessly.
Where is GalaxyCard located?
GalaxyCard is based in New Delhi, India.
When was GalaxyCard founded?
GalaxyCard was founded in 2018.
How much funding has GalaxyCard raised?
GalaxyCard has raised 450000.
- Location
- New Delhi, India
- Founded
- 2018
- Funding
- 450000
- Employees
- 23 employees
- Major Investors
- JITO Angel Network