Newsletter
Finnable has filled its coffers with ₹250 crore in a funding round led by Z47 and TVS Capital.
Finnable is a digital lending platform that provides quick personal loans to salaried professionals through partnerships with banks and NBFCs.
The deets: the company looks to expand its lending portfolio targeting salaried professionals outside the formal credit system.
How it’s positioned: in India’s competitive digital lending space, which includes players like Stashfin, Kissht, Fibe, mPokket, and CASHe, the competition is heating up.
Finnable stands out for its focus on salaried borrowers and low default rates, supported by AI-driven risk models and strong banking partnerships.
Big picture: with India’s digital lending market projected to reach revenue of $2,377.1 million by 2030, Finnable is well-placed to capture the next wave of credit inclusion, riding on the country’s fintech boom and rising demand for fast, reliable, and transparent personal loans.
