Total Funding
88
57
Total FundingDebt Financing raised
Growth Score
-8 pts
Heat Score
-26 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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50370
True Balance is a balance management utility application that helps users save and manage their mobile balances.
- Cheolwon Lee: Founder and CEO
- Gaurav Sharma: CHRO
About the Company
True Balance is a digital wallet owned and operated by Balancehero India Private Limited (BHI), that enables users to access utility bill payment, loan recharge, insurance, and other financial products. With 70 million users, True Balance aims to serve India with utility payments financial platform for the unbanked users to serve their money for
living requirements. Affinit is a non-banking financial company (NBFC) licensed by the Reserve Bank of India (RBI), provides digital financial services through TrueBalance.
It was launched in 2014 by Mr. Charlie Lee as CEO, an alumnus of the University of Chicago.
