Respo Financial Capital

What Respo Financial Capital does

Respo Financial Capital Private Limited is an RBI-registered Non-Banking Financial Company (CoR No. N-13.02461, granted June 26, 2023) incorporated in Maharashtra, India in 2021, with its corporate headquarters at Dyna Business Park, Andheri East, Mumbai. The company operates a single-product digital lending platform offering unsecured personal loans ranging from Rs 3,000 to Rs 5,00,000 with tenures of 6 to 36 months, targeted at first-time and underserved borrowers accessing formal credit in India. It also holds an IRDAI Corporate Agency (Composite) license (CA0999, valid till December 1, 2027) enabling distribution of Life, General and Health insurance as an ancillary line.

The company's core technology is a digital lending infrastructure that does not own a direct consumer app; instead it originates, processes, and disburses loans exclusively through authorized digital lending partners and Lending Service Providers (LSPs) such as Easy Platform Services (Zype), Critical Path Technologies (Salary Se), Juspay, Flexmoney, LoanTap, and Cleverpe. Underlying capabilities are assembled from third-party vendors: Hyperverge for KYC and identity verification, Crif High Mark and Equifax for credit bureau data, AWS for cloud infrastructure, and Juspay/Razorpay/Cashfree for payment processing. The platform is ISO/IEC 27001 certified and exposes a Fair Practice Code in eight Indian languages.

Respo's business model combines interest income on outstanding loans (18%-34% per annum, APR from 21%), processing fees (2%-6%), delayed payment charges (slab-based, capped at Rs 2,500 per loan), and insurance distribution commissions. GTM is API-first and partner-led: loans are originated through LSPs and lead sourcing partners (Bajaj Finserv Direct, Fino Payments Bank, Lenden Club) with no proprietary consumer-facing funnel, and recoveries are handled via a network of regional collection agencies. The company has an 11-50 employee headcount and discloses no equity funding, indicating a likely founder- or self-funded capital structure.

Name

Respo Financial Capital

Legal name

Respo Financial Capital Private Limited

Website

https://respo.co.in

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Respo Financial Capital is an RBI-registered NBFC that offers unsecured personal loans of Rs 3,000 to Rs 5,00,000 to underserved Indian borrowers, distributed exclusively through authorized digital lending partners and LSPs, with ancillary IRDAI-licensed insurance distribution.

Ownership category

akta.pro rank

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: Interest charged on outstanding loan amounts at rates ranging from 18% to 34% per annum based on customer risk profile. APR starts from 21%.
2. Processing Fees: Processing fees charged by financing partners ranging from 2% to 6% based on customer risk profile.
3. Insurance Distribution: IRDAI-registered Corporate Agent (Composite) CA0999, valid till 01-Dec-2027, for Life, General and Health Insurance business.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Respo Financial Capital Private Limited is an RBI-registered Non-Banking Financial Company that originates unsecured personal loans to Indian borrowers in amounts ranging from Rs 3,000 to Rs 5,00,000, with tenures of 6 to 36 months and interest rates of 18% to 34% per annum based on risk profile. Loans are originated through the company but accessed by borrowers exclusively via authorized digital lending partner apps and Lending Service Providers (LSPs), with KYC, credit assessment, and disbursement handled digitally. As an IRDAI-registered Corporate Agent (Composite) under Registration CA0999 (valid till 01-Dec-2027), Respo additionally distributes Life, General, and Health Insurance products.

Product overview

Respo Financial Capital is an RBI-registered Non-Banking Financial Company (NBFC) that operates as a single-product lending platform offering unsecured personal loans. The core product — Unsecured Personal Loans — is distributed exclusively through authorised digital lending partners and mobile applications, with loan amounts from Rs 3,000 to Rs 5,00,000 and tenures from 6 to 36 months. An ancillary IRDAI Corporate Agency (Composite) insurance distribution module (Registration CA0999) allows Respo to also offer Life, General, and Health Insurance products alongside loans.

Differentiator

Problem solved

Functional benefit

Products and services

• Unsecured Personal Loans Unsecured personal loans provided to eligible Indian borrowers for personal financial requirements, originated by Respo Financial Capital and disbursed through authorized digital lending partners and LSPs. Loan amounts range from Rs 3,000 to Rs 5,00,000, tenures from 6 to 36 months, with risk-based interest rates of 18%-34% per annum (APR from 21%), processing fees of 2%-6%, and repayment via monthly EMIs. Targeted at underserved and first-time formal credit borrowers.
• IRDAI Corporate Agency (Composite) Insurance Distribution Distribution of Life, General, and Health Insurance products under Respo's IRDAI Corporate Agency (Composite) Registration CA0999 (valid till 01-Dec-2027). Respo acts as a corporate agent soliciting and procuring insurance business; insurance contracts are established between the insurer and the insured/customer, with Respo not acting as insurer or underwriting risk.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature2 records

Partnerships

23 partnerships are on record, tiered core and minor.

• Crif High Mark Credit Information Services Private LimitedcoreTechnology or IntegrationBureau information services provider for credit assessment and risk evaluation of loan applicants.
• Equifax Credit Information Services Private LimitedcoreTechnology or IntegrationBureau information services provider for credit history verification and borrower risk profiling.
• Easy Platform Services Private Limited (Zype)coreTechnology or IntegrationDigital lending app platform enabling loan application and disbursement processes.
• Critical Path Technologies Private Limited (Salary Se)coreTechnology or IntegrationDigital lending app platform for loan origination and processing.
• Amazon Web ServicescoreTechnology or IntegrationCloud infrastructure and IT services provider for company operations.
• Hyperverge Technologies Private LimitedcoreTechnology or IntegrationKYC service provider for identity verification of loan applicants.
• Bajaj Finserv Direct LimitedminorChannel Partner/ Reseller/ DistributorLead sourcing partner for customer acquisition.
• Fino Payments Bank LimitedminorChannel Partner/ Reseller/ DistributorLead sourcing partner for customer referrals.
• Lenden Club Services Pvt LtdminorChannel Partner/ Reseller/ DistributorLead sourcing partner for loan customer acquisition.
• Cleverpe Technologies Private LimitedcoreTechnology or IntegrationLending service provider for digital loan processing.
• Juspay Technologies Private LimitedcoreTechnology or IntegrationPayment and lending service provider for loan disbursement and collection.
• Flexmoney Technologies Private LimitedcoreTechnology or IntegrationLending service provider for digital loan processing.
• LoanTap Financial Technologies Private LimitedcoreTechnology or IntegrationLending service provider for loan products.
• Razorpay Software Private LimitedcoreTechnology or IntegrationPayment gateway for loan disbursements and collections.
• Cashfree Payments India Private LimitedcoreTechnology or IntegrationPayment gateway for processing loan transactions.
• UR Credit SolutionsminorOthersRecovery agency for loan collection in Mumbai region.
• FLQ Management Service Private LimitedminorOthersRecovery agency for loan collection.
• Saviour Management ServiceminorOthersRecovery agency for loan collection in Chennai region.
• Finpride Solutions Private Limited (DebtZee)minorOthersRecovery agency for loan collections.
• TNT Business Services Private LimitedminorOthersRecovery agency and manpower services provider.
• ASL EnterprisesminorOthersRecovery agency for loan collection in Mumbai.
• Micro Management AssociateminorOthersRecovery agency for loan collection in New Delhi.
• Softlanding Fincare GroupsminorOthersRecovery agency for loan collection in Delhi region.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• CASHe: Digital lending NBFC providing short-tenure personal loans to salaried young professionals via mobile app — competes in the same digitally-originated personal loan segment as Respo.
• Moneyview: Digital lending platform offering personal loans, home loans, and credit lines through a mobile-first stack — comparable in target customer (underserved Indian borrowers), product (unsecured personal loans), and regulatory posture (RBI-registered).
• ZestMoney: Digital lending platform providing consumer credit including EMI financing and personal loans to underserved Indian consumers — comparable target customer and digitally-originated unsecured credit model.
• LoanTap Financial Technologies: NBFC offering personal and SME loans through digital channels; also an active LSP partner to Respo's ecosystem — competes directly for the same borrower pool and partner distribution stack.
• KreditBee: India's largest digital personal-loan NBFC serving salaried and self-employed borrowers via mobile apps — directly comparable to Respo's unsecured personal loan offering to thin-file/underserved segments.
• Navi Technologies: RBI-registered NBFC offering personal loans, home loans, and insurance through a fully digital platform — comparable as a regulated digital lender with cross-sell into insurance and adjacent products.
• LazyPay (PaySense): BNPL and short-tenure credit product from a digital-first lender targeting young salaried borrowers in India — competes for the same first-time formal credit user segment.
• Flexmoney Technologies: Digital lending infrastructure provider enabling banks/NBFCs to offer personal loans on EMI at point-of-sale — operates in the same LSP ecosystem as Respo and competes for embedded personal loan distribution.
• EarlySalary (Fibe): Salary advance and personal loan fintech targeting young salaried Indians — comparable customer persona, similar digital-first origination, and overlapping LSP/partner distribution model.

Emerging players

• Indifi Technologies: Digital lending platform focused on enabling small business and consumer credit through partner ecosystems — comparable in using partner/LSP distribution and bureau-led underwriting to reach underserved borrowers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/respofinancialcapital

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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 Respo Financial Capital