Finnable
Finnable is an RBI-registered NBFC operating a digital lending platform in India that disburses unsecured personal loans up to Rs 10 lakhs within 60 minutes to young salaried professionals, including underserved thin-file borrowers, using its proprietary Fintelligence credit-evaluation platform.
- Company typePrivate
- Founded2016
- HeadquartersBangalore, India
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Finnable does
Finnable is an RBI-registered non-banking financial company (NBFC) headquartered in Bengaluru, India, founded in 2016. It operates a digital lending platform targeting young salaried professionals — including underserved mid-income segments such as nurses, TV salesmen, and government school teachers who often lack traditional bureau scores. Its flagship product is an unsecured personal loan of up to Rs 10 lakhs disbursed within 60 minutes through a fully paperless mobile-first process, supplemented by a secured Loan Against Property (LAP) product of up to Rs 35 lakhs and a catalog of purpose-specific sub-products (marriage, travel, medical, education, vehicle, home renovation, shopping). Free tools — credit score checking (1.5M+ users) and TrackMyPF (1.2M+ users) — function as a top-of-funnel acquisition channel.
Underlying technology is anchored by the proprietary Fintelligence platform, which evaluates financial stability and repayment intention for thin/no-file borrowers, and was recognized with the ETBFSI Digital Lending Innovation Excellence Award 2025. In 2026 the company launched two AI products — Fiya (autonomous customer support agent) and FinRadar (risk management, document verification, and fraud detection) — as part of an explicit AI transformation initiative. Supporting infrastructure includes video KYC, ISO 27001 certification, and integrations for digital verification.
The business model is interest income plus processing fees. Personal loans carry rates of 16-30.99% p.a. on a reducing-balance basis with tenures of 6-60 months; processing fees are up to 5% plus GST. FY25 revenue stood at Rs 278.49 crore with Rs 6.74 crore net profit, against assets under management of Rs 2,924 crore as of June 2025. GTM is product-led and direct-to-consumer via website, iOS/Android apps, organic SEO, content marketing, and Instagram. The company has raised Rs 540 crore across two tranches, with the most recent Rs 250 crore round led by Z47 and TVS Capital Funds. Distribution is being expanded from digital-only into a branch-and-doorstep model, particularly for LAP origination.
Finnable firmographics
Firmographics- Name
- Finnable
- Legal name
- Finnable
- Website
- https://finnable.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Finnable is an RBI-registered NBFC operating a digital lending platform in India that disburses unsecured personal loans up to Rs 10 lakhs within 60 minutes to young salaried professionals, including underserved thin-file borrowers, using its proprietary Fintelligence credit-evaluation platform.
- Ownership category
- akta.pro rank
Finnable industry classification
Industry- Product category
- Consumer Lending
- NAICS
- Nondepository Credit Intermediation (5222)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)
Keywords
Where Finnable is headquartered
LocationHeadquarters
- HQ city
- Bangalore
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Finnable business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Interest Income: Finnable earns interest income on personal loans disbursed to customers. Interest rates range from 16% to 30.99% per annum, calculated on a reducing balance method. This is the primary revenue stream representing the spread between lending rates and cost of funds.
- Processing Fees: One-time processing fees charged at loan disbursement, up to 5% of the loan amount plus GST. This fee covers administrative costs and is deducted from the loan amount at the time of disbursement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal loans from ₹50,000 to ₹10 lakhs with interest rates 16%-30.99% p.a. |
| Subscription | Monthly | Loan against Property (LAP) from ₹2 lakh to ₹35 lakhs |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Finnable product offering
Product offeringCore offering
Finnable is an RBI-registered NBFC that disburses unsecured personal loans up to ₹10 lakhs to salaried professionals in India within 60 minutes through a fully digital, paperless process. The company also offers Loan against Property (LAP) up to ₹35 lakhs and a suite of purpose-specific personal loans (marriage, travel, medical, education, home renovation, vehicle, shopping). Its proprietary Fintelligence platform enables credit decisions for underserved borrowers without traditional bureau scores.
Product overview
Finnable is an RBI-registered NBFC (Non-Banking Financial Company) offering a digital lending platform for underserved mid-income professionals in India. The core offering is the Personal Loan product, supplemented by Loan against Property for secured borrowing. The platform is powered by the proprietary Fintelligence Platform which won the ETBFSI Digital Lending Innovation Excellence Award 2025. Supporting services include TrackMyPF (PF balance tracking with 1.2M+ users), Free Credit Score checking (1.5M+ users), and a comprehensive suite of purpose-specific personal loans including Marriage, Travel, Home Renovation, Education, Ashirwad, Medical, Car, Two Wheeler, and Shopping loans. The product portfolio also includes various financial calculators (SIP, EMI, Gold Loan, Income Tax, Gratuity, Interest) to support customer financial planning. In 2026, Finnable launched AI products Fiya (customer support agent) and FinRadar (fraud detection and document verification) as part of its AI transformation.
Differentiator
Problem solved
Functional benefit
Brands
- Fintelligence: Proprietary platform used to evaluate individual financial stability and repayment intention for underserved mid-income professionals.
- Fiya
- FinRadar
- TrackMyPF
Products and services
- Personal Loan Instant unsecured personal loans up to ₹10 lakhs disbursed within 60 minutes via a fully digital, paperless process with video KYC. Targeted at salaried professionals in India for personal needs including medical, home repair, education, weddings, travel, and vehicle purchases. Tenure 6-60 months; interest 16%-30.99% p.a.; processing fee up to 5% + GST.
- Loan against Property (LAP) Secured loans up to ₹35 lakhs by mortgaging residential or commercial property, for business expansion, personal needs, or construction. Offers quick approvals, 100% digital process, doorstep service, and flexible EMIs starting at ₹1,800/Lakh without physical income documents.
- Marriage Loan Purpose-specific personal loan for wedding expenses up to ₹10 lakhs with flexible repayment options, targeted at couples planning weddings who need financial assistance without stress.
- Travel Loan Unsecured personal loan for travel expenses up to ₹10 lakhs, disbursed within 24 hours, covering flights, hotels, and other trip expenses with repayment tenure up to 60 months.
- Home Renovation Loan Personal loan for home upgrades, repairs, or redesign up to ₹10 lakhs. No collateral required with flexible EMIs for kitchen remodels, fresh paint, or full makeovers.
- Education Loan Personal loan for education covering tuition, study materials, and living expenses whether learning in India or abroad. Offers quick approval with transparent interest rates and no collateral.
- Ashirwad Loan Personal loan for supporting loved ones including parent's dream trips, medical emergencies, or urgent personal expenses. Features zero collateral, quick approval, and immediate disbursal through a fully digital process.
- Medical Loan Personal loan for medical emergencies up to ₹10 lakhs with zero collateral, minimal paperwork, and disbursal in hours, allowing borrowers to focus on recovery without financial stress.
- Two Wheeler Loan Bike and two-wheeler loan for purchasing new bikes or used scooters. Offers quick approval, flexible EMIs, fast disbursal with minimal documentation, and 100% digital process.
- Car Loan Personal loan for car purchase for new or used vehicles. Features minimal paperwork, simple eligibility, and fast approval to help customers own their vehicle.
- Shopping Loan Personal loan for shopping purchases including appliances, laptops, or other items both online and in-store. No collateral required, with instant funds and quick application.
- TrackMyPF Free Provident Fund tracking service enabling users to check PF balance, view passbook with contribution history, see employer contributions, get future balance projections, and set alerts for PF updates.
- Free Credit Score Free credit score checking service providing instant access to credit scores without affecting them, using soft check methodology, with tips for improving scores.
- Loan in 60 Minutes Quick loan disbursal product enabling personal loan approval and disbursement within 60 minutes through Finnable's fully digital process, with over 5,000 loans disbursed under 60 minutes.
Quantifiable outcome
- 5,000+ loans disbursed in under 60 minutes
- +3 more outcomes
Companies that use Finnable
Customer profileSegments3 records
Ideal customer profiles3 records
Finnable technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
Finnable partnerships and signals
Strategic signalScale indicators10 records
Recent moves6 records
Expansion highlights5 records
Finnable competitors and assessment
Company assessmentBroad incumbents
- Dhani Loans (Indiabulls): NBFC-backed digital lender offering personal loans, business loans, and cards via a digital app. Comparable on the digital personal-loan core but operates a much wider retail-finance portfolio, positioning it as a broad incumbent.
- Navi Technologies: Larger Indian fintech offering personal loans, home loans, and insurance alongside a broader product suite. Overlaps with Finnable in personal lending but operates at greater scale and breadth, making it a broad incumbent rather than direct niche competitor.
Direct peers
- CASHe: Digital lending platform focused on instant personal loans to young salaried professionals in India using alternative credit data. Closely comparable to Finnable on target customer profile, ticket sizes, and AI-driven underwriting for thin-file borrowers.
- PaySense (acquired by LazyPay): India-based digital lender providing instant personal loans via mobile app to salaried consumers. Comparable to Finnable on digital D2C lending model and salaried-professional segment.
- Money View: Bengaluru-based digital lending platform offering personal loans, home loans, and credit score checking. Directly comparable to Finnable on salaried-professional targeting, instant-disbursal model, and use of free financial tools as an acquisition funnel.
- EarlySalary: India-based digital lending fintech providing instant personal loans and salary advances to salaried employees. Comparable to Finnable on product offering (short-tenure personal loans), salaried target segment, and mobile-first disbursal.
- KreditBee: Indian digital lending NBFC offering personal loans to salaried and self-employed professionals via a mobile-first platform. Directly comparable to Finnable on target segment, product (instant personal loans), and digital D2C distribution model.
Emerging players
- FlexSalary: Indian digital lender providing earned-wage access and personal loans to salaried employees. Comparable to Finnable on digital personal lending to salaried customers, though with a stronger focus on salary-advance products.
- Slice (Northbound): Indian fintech offering credit cards and personal credit to young professionals. Comparable to Finnable on the underserved young-salaried segment and use of alternative data for underwriting.
Regional players
- Spice Money: India-focused digital financial services platform offering loans and credit products to underbanked segments including small business and salaried customers. Comparable on the underbanked-customer thesis, though its center of gravity is rural and semi-urban India.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Finnable social profiles
Digital presenceFinnable compliance and trust
Trust signalCompliance2 records
Finnable financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finnable leadership team
Management profileNumber of profiles
Profiles4 records
Finnable funding detail
Funding detailFunding overview
Funding rounds1 record
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finnable 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 Finnable
What does Finnable do?
Finnable is an RBI-registered NBFC that disburses unsecured personal loans up to ₹10 lakhs to salaried professionals in India within 60 minutes through a fully digital, paperless process. The company also offers Loan against Property (LAP) up to ₹35 lakhs and a suite of purpose-specific personal loans (marriage, travel, medical, education, home renovation, vehicle, shopping). Its proprietary Fintelligence platform enables credit decisions for underserved borrowers without traditional bureau scores.
Is Finnable a public or private company?
Finnable is a private company. It is classified as venture growth investor backed and is currently operating.
When was Finnable founded?
Finnable was founded in 2016. It employs 251 to 500 people.
Where is Finnable based?
Finnable is headquartered in Bangalore, India, in the Asia region.
How does Finnable make money?
Two revenue lines are on record. Interest Income is the primary driver. The others are processing Fees.
Who are Finnable's main competitors?
Broad incumbents on record are Dhani Loans (Indiabulls) and Navi Technologies. Direct peers are CASHe, PaySense (acquired by LazyPay), Money View, EarlySalary and KreditBee. Emerging players are FlexSalary and Slice (Northbound). Spice Money is listed as a regional player.
Does Finnable have an API?
No public API is recorded for Finnable.
What industry is Finnable in?
Finnable's product category is Consumer Lending. Its primary akta.pro industry code is FSAKAAAK, Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment). Its NAICS code is 5222 and its SIC code is 6141.