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

Jio Credit Overview

About Jio Credit

Jio Credit is a digital platform that distributes consumer financial products online.


HQ

IndiaMumbai

Status

Privately held

Customer focus

B2C

Revenue model

Commission

Valuation

$3.8B (Aug 2026)

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

Jio Credit valuation by funding round
DateStageValuation
Aug 2026Strategic investment$3.8B

Jio Credit Funding History

Jio Credit has raised 1 funding round.

Jio Credit funding rounds
DateStageInvestorsValuationDeal Summary
Aug 2026Strategic investmentBank of America (lead)$3.8BBank 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

Investors in Jio Credit by funding rounds participated
InvestorHQRoundsRoleFirst 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 Trial

Jio Credit Competitors

Jio Credit competitors include listed companies like Sezzle, Katılımevim, BNK Financial Group and Bread Financial, and private ones like Creditas and Ualá.

Public and private companies comparable to Jio Credit
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SezzleUnited StatesUnited StatesPublicly listed$450M$164M$3.8B6.8x
KatılımevimTurkeyTurkeyPublicly listed$357M-$3.6B-
BNK Financial GroupSouth KoreaSouth KoreaPublicly listed$2.9B-$3.5B1.4x
Bread FinancialUnited StatesUnited StatesPublicly listed$3.8B-$4.2B1.3x
CreditasBrazilSão PauloPrivate$592M-$3.3B5.6x
UaláArgentinaBuenos AiresPrivate$186M$41M$3.2B17.2x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Sezzle$450M$164M8.6x6.8x23.4x16.1x
Katılımevim$357M-11.5x---
BNK Financial Group$2.9B-1.2x1.4x--
Samsung Card$1.3B-13.9x5.4x--
Bread Financial$3.8B-1.3x1.3x--
Gentera$2.8B-1.6x1.5x--
Credit Saison$3.5B$1.1B7.8x8.8x24.3x26.3x
North Pacific Bank$1.3B-2.5x2.2x--

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

Start Your
Free Trial Today

Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.

Start Trial