Indian digital lending platform Finnable has raised ₹500 crore in a fresh equity funding round led by Z47 and TVS Capital Funds, with participation from MEMG Family Office led by Ranjan Pai. The Bengaluru-based startup plans to use the capital to strengthen its technology, scale operations, and expand lending access to more salaried individuals across India. The new funding comes at a time when digital lending is booming in the country, and Finnable is positioning itself as a trusted player catering to the credit needs of middle-income earners.
Making Credit Easy for Everyday Professionals
Finnable was founded with a simple goal — to make personal loans quick, transparent, and accessible for salaried professionals. The platform mainly serves individuals earning between ₹15,000 and ₹50,000 per month, a segment that often struggles to access loans from traditional banks. By combining digital processes with on-ground verification, Finnable offers a seamless borrowing experience while keeping loan quality high. Its approach blends automation with human oversight, ensuring faster approvals without compromising on security or compliance.
The company has built strong trust among first-time borrowers, who make up nearly 65% of its customer base. With its easy-to-use mobile platform, Finnable allows users to apply for personal loans online, get instant approvals, and receive funds quickly — all without lengthy paperwork. The startup’s mission is not just to lend money but to empower people to manage their finances better and build a strong credit history.
Solid Growth and Financial Performance
Over the past year, Finnable has shown remarkable financial progress. As of September 2025, its assets under management (AUM) crossed ₹3,100 crore, highlighting the company’s strong growth momentum. In the financial year 2025, it reported revenue of ₹278.49 crore and a net profit of ₹6.74 crore, marking a significant turnaround from the previous fiscal year’s losses.
Finnable has also maintained excellent asset quality, with its gross non-performing asset (GNPA) ratio at just 1.1%. This figure reflects the company’s careful approach to lending and risk management. Its BBB+ credit rating further demonstrates strong business fundamentals and financial stability. Backed by investor confidence, Finnable is now ready to scale its lending portfolio and introduce new credit products tailored to customer needs.
Vision of Trust and Responsible Growth
According to co-founder and CEO Nitin Gupta, Finnable’s journey is guided by one core belief — “earn trust before earning scale.” The company focuses on serving genuine borrowers responsibly, using advanced data analytics and AI tools to detect fraud and manage credit risk effectively. Investors have praised Finnable’s consistent performance and commitment to customer trust. With this funding, the company plans to expand into new cities, diversify its offerings, and grow its customer base to over one million users.
Powering India’s Next Fintech Wave
Finnable’s latest funding round represents more than just financial growth; it’s a step forward for India’s fintech revolution. The startup is helping thousands of working professionals access fair, transparent, and fast credit options without the hurdles of traditional banking. As it expands further, Finnable aims to contribute to India’s goal of financial inclusion by supporting responsible borrowing and empowering individuals to take control of their financial journeys.
With strong investor backing, sound business performance, and a mission-driven team, Finnable is set to become one of India’s leading digital lenders in the years ahead — bridging the gap between technology and trust in financial services.