RedCarpet lends to customers in India . There are less than 50 million credit cards for almost a billion people in India.... because there is no data, no widespread credit bureaus to profile and score customers. RedCarpet gathers alternative data ethically and responsibly . We use this data to give access to credit line cards to users who never had any access to credit before.
We are the crazy ones who believe in You!
By building better credit & lending infrastructure, we want to enable more people to access credit.
We believe the basic problem in the trillion dollar Indian economy is access to credit. Our aim is to give users access to better and more convenient in the form of a card (as well as innovative UPI 2.0 credit instruments in the future).