FlexiLoans
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FlexiLoans

https://flexiloans.com/
Last activity: 24.09.2024
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Categories: AnalyticsBusinessDataFastFinTechInterestLoanOnlinePlatformSocial
FlexiLoans is an online lending platform started with an endeavour to solve the problem that SMEs face in accessing Quick, Flexible and Adequate funds for growing their Businesses. Over 80% of Loan proposals from SMEs currently are rejected by institutional channels on account of inadequate financial history or collaterals. With the fast and ubiquitous digital adoption in India and increased avenues to leverage data analytics, we are standing on the verge of Banking transformation in this country which will help us efficiently cater to the large untapped and unserved demand. We wish to make the ‘social and alternative scoring’ of SMEs and Individuals a big opportunity for the economy that will far out place the limited insights that financial bureau provide. We believe our technology-powered online marketplace is the best model to meet the financial requirements of SME’s who do not have credit history and hence cannot avail loans from traditional banking channels.
Followers
884
Followers
11.6K
Website visits
191.4K /mo.
Mentions
35
Location: India, Maharashtra, Mumbai
Employees: 201-500
Total raised: $150.98M
Founded date: 2016

Funding Rounds 4

DateSeriesAmountInvestors
23.09.2024Series C$35MAccion Ven...
23.08.2024-$9M-
12.06.2022Series B$100MKalaari Ca...
08.12.2017-$6.98M-

Mentions in press and media 35

DateTitleDescription
24.09.2024Microlending platform Aye Finance raised $30 M Series G fundingAye Finance, a microlending platform, has raised Rs 250 crore ($30 million) in a Series G round headed by ABC Impact in Singapore. British International Investment, an impact investor and development finance organization in the UK that spea...
23.09.2024Fintech FlexiLoans raised $35 M from Accion, Fundamentum, and othersFlexiLoans, a fintech lender that specializes in MSMEs, has raised Rs 290 crore, or $35 million, in its series C round led by global investors Maj Invest, Accion, and Fundamentum. Nuveen is the investment manager of TIAA. With the money rai...
21.09.2024Aye Finance: Fueling India's Microenterprise Revolution with New FundingIn the bustling world of Indian microfinance, Aye Finance stands out like a lighthouse in a storm. Recently, this microlending platform secured ₹250 crore (approximately $30 million) in a Series G funding round, led by Singapore's ABC Impac...
20.09.2024Aye Finance raises $30 Mn in Series G roundMicrolending platform Aye Finance has raised Rs 250 crore ($30 million) in a Series G round led by Singapore’s ABC Impact. The round also saw participation from British International Investment, the UK’s development finance institution and ...
13.09.2024ETtech Deals Digest: Startup funding drops 61% on year to $128 million this weekAgencies Startups raised about $128.3 million between September 7 and 13, a 60.8% decline compared to the same period last year. This also represents a 41.8% drop from the previous week’s $220.3 million. Read More News on Startup fundingFle...
11.09.2024FlexiLoans Secures $35 Million to Propel MSME Lending in IndiaFlexiLoans, a Mumbai-based fintech lender, has struck gold again. The company recently secured approximately $35 million (INR 290 crore) in a Series C funding round. This infusion of capital comes from a trio of global investors: Accion, Nu...
11.09.2024FlexiLoans raises $35 Mn from Accion, Fundamentum, and othersMSMEs-focused fintech lender FlexiLoans has raised Rs 290 crore approximately $35 million in its series C round led by global investors Accion, Nuveen (the investment manager of TIAA), and Fundamentum, along with existing backer Maj Invest....
11.09.2024MSME lender FlexiLoans raises Rs 290 Cr in Series C for scaling operations Recommended Stories For YouMSME financing platform FlexiLoans has raised Rs 290 crore in a Series C round. The round saw investments from global non-profit for financial inclusion, Accion; Nandan Neelakani-led Fundamentum, and asset management platform Nuveen. Priv...
11.09.2024Flexiloans snags $35 mn in Series C round from three new backersManish Lunia, Deepak Jain and Ritesh Jain, Flexiloans Lending startup Flexiloans has raised Rs 290 crore ($34.5 million) in a Series C round from global impact investors Accion and Nuveen, along with Nandan Nilekani’s venture capital firm F...
11.09.2024Flexiloans secures Rs 290 crore in funding from Accion, Fundamentum, othersETtechL-R, Manish Lunia, Deepak Jain, Ritesh Jain, founders, Flexiloans Mumbai-based digital lending startup Flexiloans has secured Rs 290 crore (around $35 million) in an equity funding round led by American not-for-profit fund Accion, US ...
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