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Moneyview has filed its DRHP with the Securities and Exchange Board of India for an IPO.
Moneyview is a digital finance platform offering instant, collateral-free personal loans up to ₹10 lakh, often approved within 24 hours.
It also provides credit reports, credit cards, digital gold, and motor insurance, while its earlier apps help users track expenses and bank balances.
The deets: as per the DRHP, the IPO will include a fresh issue worth up to ₹1,500 crore and an offer for sale (OFS) of up to 13.6 crore shares by existing investors. The company plans to use the funds to expand its lending business.
₹650 crore will go toward boosting loan disbursals under Default Loss Guarantee (DLG) agreements. ₹450 crore will be invested in its subsidiary Whizdm Finance to strengthen its capital base.
Why this matters: the company operates in a crowded digital lending market with rivals like InCred, Yubi, Oxyzo, Paisabazaar, Fibe, and FlexiLoans. After a record IPO year in 2025, listings have slowed as investors now focus more on profitability and sustainable growth.
A recent move by the Reserve Bank of India to recognise Default Loss Guarantee (DLG) frameworks again could boost partnerships between fintechs and NBFCs. Moneyview is also one of the few profitable fintech lenders heading for an IPO. That makes its listing an important test of investor appetite for fintech companies.
Consultancy.in
