Lendbox
Lendbox is an India-based RBI-registered NBFC-P2P lending platform connecting retail lenders seeking alternative fixed-income returns with individual borrowers, offering six personal loan categories and a channel partner distribution layer for wealth advisors.
- Company typePrivate
- Founded2015
- HeadquartersDelhi, India
- Headcount101–250
- GTM typeB2C
- OfferingDigital Commerce or Content
What Lendbox does
Lendbox (legally Transactree Technologies Private Limited) is an India-based peer-to-peer lending platform founded in November 2015 and headquartered in New Delhi. Operating as an RBI-registered NBFC-P2P (Certificate of Registration N.14-03462), the company connects retail lenders seeking alternative fixed-income returns with individual borrowers seeking personal credit at rates typically below those of traditional banks. The platform reports over 5.31 lakh registered lenders, cumulative assets under management of ₹10,000 Cr, average risk-adjusted lender returns of 14.32%, and ₹587 Cr lent in the most recent month. Its three co-founders — Ekmeet Singh (CEO), Bhuvan Rustagi (COO), and Jatin Malwal (CTO) — lead the company, which has 101-250 employees.
The platform is built on a MEAN stack architecture (Vue.js/React.js frontend, Node.js backend) running on AWS infrastructure (EC2, EBS, SES, S3, SNS) with RabbitMQ and Amazon SQS as message brokers. Product surfaces include six borrower-side categories (Instant Personal Loan, Short Term Loan, Marriage Loan, Debt Consolidation Loan, Credit Card Repayment Loan, Small Personal Loan), a core P2P lending marketplace, an API-based channel partner platform for wealth advisors, and the 'Per Annum' sub-brand for alternate fixed-income investment. Borrower risk categorisation and a documented credit assessment policy are positioned as core quality controls; account onboarding for lenders takes approximately five minutes via PAN and address proof.
Lendbox generates revenue through platform fees deducted from the first EMI repayment and the spread between borrower interest rates and lender returns. Its go-to-market combines a product-led self-serve funnel (web and native mobile apps on iOS and Android) with a channel partner motion targeting CAs, IFAs, and wealth management firms via API integration, plus dedicated relationship managers for higher-value lenders. The company remains privately held with disclosed funding of approximately $2.35M across two rounds from IvyCap Ventures (2018 seed, 2021 follow-on). Recent regulatory pressure — including FIRs filed against Lendbox and partner MobiKwik over the MobiKwik Xtra product following RBI's August 2024 tightening of P2P regulations — represents a material risk overhang.
Lendbox firmographics
Firmographics- Name
- Lendbox
- Legal name
- Transactree Technologies Private Limited
- Website
- https://lendbox.in
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Lendbox is an India-based RBI-registered NBFC-P2P lending platform connecting retail lenders seeking alternative fixed-income returns with individual borrowers, offering six personal loan categories and a channel partner distribution layer for wealth advisors.
- Ownership category
- akta.pro rank
Lendbox industry classification
Industry- Product category
- Peer-to-Peer Lending
- NAICS
- Nondepository Credit Intermediation (5222), Mortgage and Nonmortgage Loan Brokers (522310), Credit Intermediation and Related Activities (522)
- SIC
- Loan Brokers (6163), Personal Credit Institutions (6141)
- akta.pro primary industry
- Consumer P2P Personal Loans (Unsecured) (FSAKAHAA)
- akta.pro secondary industries
- P2P Debt Consolidation & Refinancing (FSAKAHAB), Multi-Loan / Multi-Creditor Consolidation Loans (FSAKAIAD)
Keywords
Where Lendbox is headquartered
LocationHeadquarters
- HQ city
- Delhi
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Lendbox business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Fees from Lenders: Lendbox charges platform fees for loan transactions, deducted from the 1st EMI repayment with net amount settled to lender's bank account
- Interest Rate Spread: Revenue generated from the spread between interest rates charged to borrowers and returns paid to lenders
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Minimum lending starts at ₹10,000 with potential returns up to 14% p.a. |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Lendbox product offering
Product offeringCore offering
Lendbox operates an RBI-registered NBFC-P2P online platform that fractionalizes retail lending and directly connects Indian retail lenders (minimum ₹10,000 ticket size) with creditworthy individual borrowers. The platform offers curated borrower selection across risk categories and tenures, with lenders earning up to 14% p.a. (average risk-adjusted returns of 14.32%) and borrowers accessing personal loans at lower rates than traditional banks. The company also operates the 'Per Annum' alternate fixed income investment platform and provides API-based integration for wealth partners.
Product overview
Lendbox operates as a peer-to-peer lending platform that fractionalizes retail lending and makes it accessible with smaller ticket sizes, devoid of third-party intermediaries. The platform offers borrowers multiple loan products including Instant Personal Loans, Short Term Loans, Marriage Loans, Debt Consolidation Loans, Credit Card Repayment Loans, and Small Personal Loans. For lenders, the core P2P Lending Platform enables investment across risk-categorized borrowers with potential returns up to 14% p.a., supported by a Channel Partner Investor Platform for wealth management professionals. The company also offers 'Per Annum,' an alternate fixed income investment platform expanding beyond traditional P2P lending. The platform connects borrowers seeking lower interest rates with lenders seeking higher yields by eliminating intermediaries like banks.
Differentiator
Problem solved
Functional benefit
Brands
- Per Annum: India's premier alternate and fixed income investment platform introduced by Lendbox to offer Indian retail investors products beyond traditional fixed income offerings.
Products and services
- Lendbox P2P Lending Platform Core peer-to-peer lending platform that fractionalizes retail lending and connects Indian retail lenders (minimum ₹10,000 ticket size) with creditworthy individual borrowers. Lenders select borrowers across risk categories and tenures, deploy funds, and receive repayments with potential returns up to 14% p.a. (average risk-adjusted 14.32%). Self-serve onboarding in 5 minutes via PAN card and address proof.
- Instant Personal Loan Personal loan product offering immediate access to funds for individual borrowers, with quick approval and disbursement through the Lendbox P2P platform.
- Short Term Loan Short-duration personal loan product designed for borrowers needing quick access to funds for brief periods, funded via the Lendbox P2P platform.
- Marriage Loan Specialized personal loan product for financing wedding and marriage-related expenses for individual borrowers, funded via the Lendbox P2P platform.
- Debt Consolidation Loan Loan product enabling individual borrowers to consolidate multiple existing debts into a single repayment structure, funded via the Lendbox P2P platform.
- Credit Card Repayment Loan Loan product designed to help individual borrowers pay off outstanding credit card balances through the Lendbox P2P platform.
- Small Personal Loan Small-ticket personal loan offering for individual borrowers requiring modest funding amounts, funded via the Lendbox P2P platform.
- Channel Partner Investor Platform API-based integration platform that enables wealth partners including chartered accountants, independent financial advisors, and wealth management companies to onboard and manage their clients' lending portfolios on Lendbox.
- Per Annum
Quantifiable outcome
- 5.31 Lakh+ happy lenders on platform
- +3 more outcomes
Companies that use Lendbox
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Lendbox technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Lendbox partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MobiKwikminorPartnership with MobiKwik to launch 'Xtra' high-yield investment product in 2023, offering returns up to 14%. The product was offered through Lendbox's RBI-registered NBFC-P2P platform. Following RBI tightening of P2P lending regulations in August 2024, the product faced withdrawal difficulties and legal scrutiny with FIRs filed against both companies.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Lendbox competitors and assessment
Company assessmentDirect peers
- i2ifunding: RBI-registered P2P lending platform serving retail lenders with curated borrower opportunities across risk grades, directly comparable to Lendbox's core product offering.
- Faircent: One of India's earliest and largest RBI-registered NBFC-P2P platforms, directly competing with Lendbox for retail lenders and personal loan borrowers across India with a similar marketplace model.
- LenDenClub: Indian RBI-registered P2P lending platform offering consumer and small-business loans to retail lenders; competes directly with Lendbox on lender yield, borrower segmentation, and channel partner distribution.
- Cashkumar (MoneyLoji): India-focused P2P lending marketplace connecting retail lenders with personal loan borrowers, operating under similar RBI NBFC-P2P framework as Lendbox.
- Finzy: Mumbai-based RBI-registered P2P lending platform offering curated borrower opportunities to retail investors; competes with Lendbox on lender returns and curated risk profiles.
- PaisaDukan: RBI-registered Indian P2P lending platform that connects lenders with borrowers across multiple loan categories, overlapping directly with Lendbox's product set.
- OMLP2P: RBI-registered NBFC-P2P platform offering retail investors curated lending opportunities across borrower risk grades in India, comparable to Lendbox's marketplace.
- BridgePlus Capital: India-based RBI-registered P2P lending platform facilitating lending between individuals and small businesses, similar in scope and regulatory posture to Lendbox.
Broad incumbents
- LendingClub: U.S.-headquartered public P2P lending marketplace that originated the consumer P2P category globally; while operating under different regulation, serves as a broad incumbent benchmark for marketplace lending unit economics and product design relevant to Lendbox's model.
- Funding Circle: UK-headquartered global P2P/SME lending marketplace and publicly listed incumbent; provides a comparable benchmark for marketplace lending at scale relevant to Lendbox's SME and consumer lending ambitions.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Lendbox social profiles
Digital presenceLendbox compliance and trust
Trust signalCompliance1 record
Lendbox financial estimates
Financial estimateRevenue estimate
Valuation estimate
Lendbox leadership team
Management profileNumber of profiles
Profiles3 records
Lendbox funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Lendbox M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Lendbox
What does Lendbox do?
Lendbox operates an RBI-registered NBFC-P2P online platform that fractionalizes retail lending and directly connects Indian retail lenders (minimum ₹10,000 ticket size) with creditworthy individual borrowers. The platform offers curated borrower selection across risk categories and tenures, with lenders earning up to 14% p.a. (average risk-adjusted returns of 14.32%) and borrowers accessing personal loans at lower rates than traditional banks. The company also operates the 'Per Annum' alternate fixed income investment platform and provides API-based integration for wealth partners.
Is Lendbox a public or private company?
Lendbox is a private company. It is classified as venture growth investor backed and is currently operating.
When was Lendbox founded?
Lendbox was founded in 2015. It employs 101 to 250 people.
Where is Lendbox based?
Lendbox is headquartered in Delhi, India, in the Asia region.
How does Lendbox make money?
Two revenue lines are on record. Platform Fees from Lenders are the primary driver. The others are interest Rate Spread.
Who are Lendbox's main competitors?
Direct peers on record are i2ifunding, Faircent, LenDenClub, Cashkumar (MoneyLoji), Finzy, PaisaDukan, OMLP2P and BridgePlus Capital. Broad incumbents are LendingClub and Funding Circle.
Does Lendbox have an API?
No public API is recorded for Lendbox.
What industry is Lendbox in?
Lendbox's product category is Peer-to-Peer Lending. Its primary akta.pro industry code is FSAKAHAA, Consumer P2P Personal Loans (Unsecured), with a secondary code of FSAKAHAB, P2P Debt Consolidation & Refinancing. Its NAICS code is 5222 and its SIC code is 6163.