Fintech startup GoodScore has raised $13 million in a Series A funding round led by Peak XV Partners, with participation from existing investors Stellaris Venture Partners and Saison Capital. The fresh capital marks a pivotal step in the company’s journey to scale its AI-powered credit advisory and marketplace platform across India.
According to founder and CEO Sanchit Bansal, nearly 60 percent of the total funding came from Peak XV Partners. The company plans to use the funds to strengthen its technology infrastructure, drive product innovation, expand its team, and enhance user experience through AI-led insights. GoodScore also aims to deepen its credit marketplace, which connects borrowers and lenders to improve access to financial products and advisory services.
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Founded in 2023, GoodScore offers an AI-based credit score management platform that helps consumers track, understand, and improve their credit profiles through personalized recommendations. By analyzing users’ financial behavior, the platform provides actionable insights to enhance their creditworthiness and overall financial health.
The GoodScore app combines credit tracking, financial education, and smart budgeting tools. It features spending trackers, expert advice, and automated reminders for EMI and credit card payments, encouraging better repayment habits and greater financial discipline among users.
As credit awareness rises and digital lending becomes mainstream in India, GoodScore is positioned to play a critical role in bridging gaps in financial literacy and credit management. The startup’s technology-led model aligns with the country’s growing fintech momentum, supported by increasing digital adoption, a young credit-seeking population, and expanding NBFC and banking partnerships.
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GoodScore said the new funding will accelerate its mission to become a trusted digital partner for credit health management, empowering millions of Indians with tools and insights to make informed financial decisions in a rapidly evolving credit economy.
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Disclaimer: This post is for general informational purposes only. It does not constitute financial advice. Please consult a qualified professional before making financial decisions.
