- Companies
- Jio Credit
Jio Credit Valuation, Funding & Investors
Jio Credit is valued at $3.8B as of August 2026.
Last Jio Credit valuation
$3.8B
Strategic investment · Aug 2026
Last Jio Credit funding round
Strategic investment
Amount undisclosed · Aug 2026
Key investors in Jio Credit
About Jio Credit
Jio Credit is a digital platform that distributes consumer financial products online.
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Valuation
$3.8B (Aug 2026)
Sectors
Jio Credit Valuation
Jio Credit is currently valued at $3.8B, based on its strategic investment round in August 2026.
The round was led by Bank of America.
Jio Credit valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2026 | Strategic investment | $3.8B |
Jio Credit Funding History
Jio Credit has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Aug 2026 | Strategic investment | Bank of America (lead) | $3.8B | Bank of America agreed in August 2026 to acquire up to a 49.9% stake in Jio Credit Limited, the wholly owned non-bank lending subsidiary of Jio Financial Services, through a preferential allotment of equity shares and warrants. The total investment is up to ₹18,268 crore, or about $1.9 billion, with Bank of America initially taking a 26.5% stake that can rise to 49.9% upon exercise of the warrants. The transaction values Jio Credit at about $3.8 billion and is intended to provide growth capital for the lender while combining Jio’s local distribution and digital capabilities with Bank of America’s financial-services expertise. The companies said the board will have equal representation, and the existing management will continue to run the business. Jio Credit had about $3.2 billion in assets under management as of June 2026 and had begun lending operations two years earlier, while the deal was described as one of the largest foreign investments in an Indian non-bank lender. Jio Credit operates as a digital-first lender within Jio Financial Services’ NBFC platform in India, focused on expanding its loan book, adding products, and strengthening risk-management and technology capabilities. |
Who has invested in Jio Credit?
1 investor has backed Jio Credit across its funding rounds, including Bank of America.
Lead investors include Bank of America.
Jio Credit Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Jio Credit investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialJio Credit Competitors
Jio Credit competitors include listed companies like Sezzle, Katılımevim, BNK Financial Group and Bread Financial, and private ones like Creditas and Ualá.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $450M | $164M | $3.8B | 6.8x | ||
| Publicly listed | $357M | - | $3.6B | - | ||
| Publicly listed | $2.9B | - | $3.5B | 1.4x | ||
| Publicly listed | $3.8B | - | $4.2B | 1.3x | ||
| Private | $592M | - | $3.3B | 5.6x | ||
| Private | $186M | $41M | $3.2B | 17.2x |
Jio Credit Public Comps
Jio Credit is still privately-owned, but its public comps include Sezzle, Katılımevim, BNK Financial Group, Samsung Card, Bread Financial, Gentera, Credit Saison, North Pacific Bank, Enova International and LIC Housing Finance.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $450M | $164M | 8.6x | 6.8x | 23.4x | 16.1x | |||
| $357M | - | 11.5x | - | - | - | |||
| $2.9B | - | 1.2x | 1.4x | - | - | |||
| $1.3B | - | 13.9x | 5.4x | - | - | |||
| $3.8B | - | 1.3x | 1.3x | - | - | |||
| $2.8B | - | 1.6x | 1.5x | - | - | |||
| $3.5B | $1.1B | 7.8x | 8.8x | 24.3x | 26.3x | |||
| $1.3B | - | 2.5x | 2.2x | - | - | |||
This data is available for Pro users. Sign up to see all Jio Credit competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Jio Credit
| Where is Jio Credit headquartered? | Jio Credit is headquartered in Mumbai, India. |
| Is Jio Credit publicly listed? | No, Jio Credit is a private, VC-backed company. |
| What is Jio Credit's valuation? | Jio Credit was last valued at $3.8B in its strategic investment round in August 2026. |
| What was Jio Credit's last funding round? | Jio Credit's last funding round was a strategic investment round in August 2026, led by Bank of America. |
| Who are Jio Credit's investors? | Jio Credit's investors include Bank of America. |
| Which companies are comparable to Jio Credit? | Companies comparable to Jio Credit include Sezzle, Katılımevim, BNK Financial Group, Bread Financial, Creditas and Ualá. |
See companies similar to Jio Credit
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