What iLoan does

iLoan is a Sri Lanka-headquartered fintech that operates a blockchain-powered B2B trade financing platform aimed at closing the formal credit gap for micro, small and medium enterprises (MSMEs) in ASEAN and SAARC emerging markets. The platform serves five interlocking stakeholder groups — international banks as investors, local banks as originating partners, anchor multinational manufacturers, distributors and retailers — by facilitating receivables-backed working capital financing along supply chains. Its legal entity, iLoan Lanka, is supplemented by a Singapore regional entity (iFintech) and a Hong Kong vehicle (Joy Rich Ventures).

The technology stack is built on Hyperledger Fabric as a permissioned distributed ledger for trade records, augmented by a proprietary AI-driven credit risk profiling product called iConfirm CRP, which uses psychometric analysis (chatbot, psychological questions, voice analysis and SMS) to score borrowers who lack traditional bureau histories. A dedicated API layer integrates the UI with the blockchain backend and handles participant onboarding, subscription, security and financing parameters, while Robotic Process Automation (RPA) handles high-volume reconciliation, invoice verification and collections. Supporting infrastructure is built on AWS, Linux, Java, Angular, GitLab and WordPress.

The business model is transaction-fee based: iLoan earns a fee on each trade-financing transaction routed through the platform between lenders and borrowers. Customer acquisition is enterprise field sales targeting banks, anchor manufacturers and large distributors, supported by a content-marketing blog and direct inbound inquiry forms. The only publicly evidenced deployment to date is a pilot with Ceylon Cold Stores PLC (CCS) covering its FMCG-beverage distributor and retailer network; no revenue, transaction volume or contracted bank partners are disclosed.

Name

iLoan

Legal name

iLoan Lanka

Website

https://iloan.lk

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

iLoan is a Sri Lanka-based fintech operating a blockchain-powered B2B trade financing platform for MSMEs in ASEAN and SAARC, connecting international banks, local banks, anchor manufacturers, distributors and retailers through AI-driven credit profiling on Hyperledger Fabric.

Ownership category

akta.pro rank

Product category

Trade Finance Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Finance Services (6199)

akta.pro primary industry

Credit Marketplaces, Aggregators & Loan Routing (FSADAFAJ)

akta.pro secondary industries

Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI), Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)

Keywords

• B2B trade financing
• Blockchain fintech platform
• MSME credit profiling
• Supply chain financing
• Distributed ledger lending

Headquarters

HQ city

Nawala

HQ country

Sri Lanka

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Trade Financing Platform Fees: Revenue generated from facilitating trade financing transactions between lenders (banks, investors) and borrowers (MSMEs, distributors, retailers) in the supply chain. Platform connects multiple stakeholders including international banks, local banks, anchor manufacturers, distributors, and retailers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

iLoan operates a blockchain-powered B2B trade financing platform targeting the MSME sector in ASEAN and SAARC regions, connecting international banks, local banks, anchor multinational manufacturers, distributors, and retailers. The platform leverages Hyperledger Fabric distributed ledger technology, AI-based psychometric credit risk profiling (iConfirm CRP), an API integration layer, and Robotic Process Automation to deliver transparency, automated collections, invoice verification, and supply chain financing for unbanked and underbanked SMEs in emerging markets.

Product overview

iLoan is a comprehensive fintech platform offering a blockchain-powered B2B trade financing solution for the MSME sector in ASEAN and SAARC Regions. The platform consists of the core iLoan Trade Finance Platform integrated with iConfirm CRP (credit risk profiling using AI-driven psychometric analysis), an API integration layer, Hyperledger Fabric blockchain infrastructure, and RPA for automated processes. The platform serves multiple stakeholder types including International Banks, Local Banks, Anchor Multinational Manufacturers, Distributors, and Retailers.

Differentiator

Problem solved

Functional benefit

Products and services

• iLoan Trade Finance Platform A blockchain-powered B2B trade financing platform for the MSME sector in ASEAN and SAARC regions, providing transparency and credibility to all stakeholders through its fintech solution. Connects international banks, local banks, anchor multinational manufacturers, distributors, and retailers.
• iConfirm CRP (iConfirm Credit Profiling) A state-of-the-art Credit Risk Profiling system that uses psychometric analysis including Chatbot, Psychological Questions, Voice Analysis and SMS analysis to assess borrower creditworthiness for the platform's trade financing decisions.
• API (Application Programme Interface) API Layer that provides integration between the UI and the backend blockchain and trading network, also housing administrative functions for Participant Registration, Subscription, Security, and Financing parameters.
• Hyperledger Fabric Platform A modular blockchain framework acting as the foundation for developing blockchain-based products, solutions and applications using plug-and-play components for private enterprises. Provides distributed ledger technology for the iLoan platform.
• RPA (Robotic Process Automation) Software with AI and machine learning capabilities to handle high-volume, repeatable tasks including queries, calculations and maintenance of records and transactions. Used for automated collections, invoice verification, and process automation across the iLoan platform.

Quantifiable outcome

• Reduced Non-Performing Loans (NPLs) for participating banks and financial institutions
• +2 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Scale indicators3 records

Recent moves4 records

Expansion highlights2 records

Regional players

• KredX: KredX is an Indian invoice discounting and supply-chain financing marketplace for MSMEs and corporates. It is a regional peer in South Asia — the same geography iLoan targets from its Sri Lanka HQ — and offers comparable receivables-financing infrastructure for underbanked SMEs.
• CredAvenue (Yubi): CredAvenue/Yubi is an Indian debt marketplace that aggregates and routes corporate debt, including supply-chain and trade financing. Like iLoan, it focuses on connecting lenders with underbanked borrowers via a marketplace/aggregator model in emerging Asia.

Direct peers

• Marco Polo Network: Marco Polo Network is a blockchain-based trade finance network built on R3 Corda for banks and corporates to execute open-account trade and supply-chain finance. It is the most direct technology peer to iLoan's Hyperledger Fabric-based trade finance platform.
• Taulia: Taulia operates a supply-chain finance and dynamic discounting platform that connects buyers, suppliers and financing institutions. It is a direct competitor to iLoan's B2B trade financing marketplace model, particularly for working-capital solutions anchored on large manufacturers and distributors.
• Demica: Demica provides a receivables and payables finance platform enabling corporates and banks to deliver supply-chain financing programs. It directly overlaps with iLoan's stated use cases of unlocking receivables cash, automated collections and bank intermediation for trade financing.

Broad incumbents

• Orbian: Orbian offers supply-chain financing programs, including structured working-capital solutions for large buyers and their suppliers. It is a broad incumbent in the same category as iLoan, competing for enterprise supply-chain finance mandates globally.
• PrimeRevenue: PrimeRevenue is a global supply-chain finance platform serving large buyers and their suppliers, with deep bank partnerships. It is a broad incumbent in trade financing that competes for the same anchor-manufacturer relationships iLoan is targeting.
• C2FO: C2FO runs the world's largest working-capital marketplace, allowing businesses to accelerate receivables or extend payables dynamically. It competes with iLoan's supply-chain working-capital proposition at a much larger scale and is well established with enterprise buyers and banks.

Emerging players

• Lulalend: Lulalend is a South African digital lender providing working-capital finance to small businesses using alternative credit scoring. It is an emerging-market peer with a similar philosophy of lending to underbanked MSMEs via non-traditional data, although focused on a different geography.
• TradeIX (Marco Polo): TradeIX is the technology provider behind the Marco Polo Network, focused on DLT-based trade finance workflows for banks and corporates. It is an emerging technology peer building the same category of blockchain-native trade financing infrastructure as iLoan.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about iLoan