Tuesday, July 21, 2026 Home
Startup Atlas · BNPL / Pay-Later

Uni Cards

Unirewards Technologies Private Limited Bengaluru, Karnataka Founded 2020 uni.cards ↗
Nitin Gupta · Co-founder & CEO Prateek Jindal · Co-founder Laxmikant Vyas · Co-founder
$94.45 MnTotal funding (tracked)
3Funding rounds
8 Jun 2022Last round
123Team size (sourced)

Uni Cards: Business Model Canvas

The nine-block Business Model Canvas, filled in only where a public source states it — empty blocks mean we haven't found a citable fact yet, not that the answer is zero.

Value Propositions

Pay 1/3rd interest-free installments

Automatically splits every transaction into three parts at no extra cost, paid off over three months without interest.

source
Zero forex markup, no joining/annual fees

The Uni Gold X card is a lifetime-free, RuPay-based card issued with YES Bank/Bank of Baroda with nil joining and annual fees and zero forex markup on international transactions.

source
1% real 24K digital gold rewards

Cardholders earn 1% of transaction value back in 24-karat digital gold, convertible to physical gold or cash, with up to 5X rewards via the Uni Store.

source

Customer Segments

Digital-first, credit-underserved Indians

Uni aims to offer new-age credit cards for the digital generation, targeting the gap between India's ~58 million existing credit cards and a much larger addressable population.

source
Salaried professionals with stable income

Card applicants must be between 21 to 60 years of age with a stable source of income; a good credit score improves approval chances.

source

Customer Relationships

No cited public information yet.

Channels

Uni mobile app

Full digital control via the Uni app, including virtual card usage, instant approvals, and secure card management; 100% paperless processing and instant digital approval.

source
Uni Store

Cardholders get up to 5X rewards on purchasing products from popular brands via the Uni Store.

source

Key Activities

Proprietary credit underwriting

The company uses proprietary underwriting technology to assess creditworthiness for its pay-later card products.

source
Co-branded credit card distribution

Uni has pulled back from personal loans and buy-now-pay-later offerings, moving its focus to credit card distribution, now offering co-branded cards with Bob Card and Yes Bank.

source

Key Resources

No cited public information yet.

Key Partnerships

Northern Arc Capital (NBFC partner)

Loans are facilitated through Unirewards Technologies Pvt Ltd (LSP & DLA) in partnership with RBI-regulated NBFC partner Northern Arc Capital Limited.

source
YES Bank and Bank of Baroda (co-branded card issuers)

The Uni Gold X Credit Card is a RuPay-based credit card issued through a co-brand partnership with YES Bank or Bob Card (Bank of Baroda).

source
Visa, RBL Bank, SBM Bank, LiquidLoans (original Pay 1/3rd card)

The Uni Pay 1/3rd Card is a Visa Branded card issued in partnership with RBL Bank, SBM Bank, and the NBFC partner LiquidLoans.

source

Revenue Streams

Merchant interchange fees

Uni works on the Visa network and charges sellers as per Visa's track rate, which varies as per transaction rates.

source
EMI/installment interest14-18% interest

From customers who convert their bills into longer tenure EMI or instalments, the company charges interest which ranges between 14-18 percent.

source
Late payment fees

A part of the company's revenue also comes from late fees that is payable by customers if they miss the repayment on time.

source

Cost Structure

No cited public information yet.

FAQs on Uni Cards

What is Uni Cards's business model?

Uni Cards's core value proposition centers on Pay 1/3rd interest-free installments, Zero forex markup, no joining/annual fees, 1% real 24K digital gold rewards.

How does Uni Cards make money?

Uni Cards's cited revenue streams include Merchant interchange fees, EMI/installment interest, Late payment fees.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: techcrunch.com · Last verified 21 Jul 2026. · Report a correction