Snapmint is on a mission of democratizing no/low-cost installment purchases for the next 200 million Indians. Of the 300 million credit eligible consumers in India, less than 30 million actively use credit cards. Snapmint is reinventing credit for the next 200 million consumers by providing them freedom to buy what they want and pay for them in installments without a credit card. In a short period of time Snapmint has reached over a million consumers in 2200 cities and has powered over 200 crores worth of purchases. Snapmint was started by a closely-knit team of passionate bankers and technocrats from IIT Bombay.
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