FDPL Finance
FDPL Finance Private Limited is a Mumbai-based, RBI-registered non-deposit-taking NBFC that originates Salary Advance, Earned Wage Access, Personal Loans, and Consumer Loans for salaried employees of partner corporates via a 25+ strong LSP/DLA network led by FatakPay.
- Company typePrivate
- Founded2022
- HeadquartersMumbai, India
- Headcount—
- GTM typeB2C
- OfferingServices
What FDPL Finance does
FDPL Finance Private Limited is a Mumbai-based, RBI-registered non-deposit-taking NBFC operating in the Investment and Credit Company (ICC) category (CIN U65929MH2022PTC376853), incorporated in 2022. The company originates short- and mid-tenure digital credit products for salaried employees—Salary Advance (Early Wage Access), Personal Loans up to Rs. 5,00,000 with a 48-month maximum tenure, Earned Wage Access ranging from Rs. 1,000 to Rs. 25,000 over up to 45 days, and Consumer Loans from Rs. 5,000 to Rs. 1,00,000 over up to 24 months. Distribution runs through a B2B2C model: FDPL partners with corporate employers and a network of 25+ Lending Service Providers and Digital Lending Applications including FatakPay Digital Private Limited as the primary LSP, KeshvaCredit, Digit Money, CredMantra, WeCredit, Cashkuber, ZET, and LoanTap.
FDPL Finance firmographics
Firmographics- Name
- FDPL Finance
- Legal name
- FDPL Finance Private Limited
- Website
- https://fdplfinance.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Short description
- FDPL Finance Private Limited is a Mumbai-based, RBI-registered non-deposit-taking NBFC that originates Salary Advance, Earned Wage Access, Personal Loans, and Consumer Loans for salaried employees of partner corporates via a 25+ strong LSP/DLA network led by FatakPay.
- Ownership category
- akta.pro rank
FDPL Finance industry classification
Industry- Product category
- Digital Consumer Lending
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)
- akta.pro secondary industry
- Lending & Credit Disbursements (FSAMAKAH)
Keywords
Where FDPL Finance is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
FDPL Finance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Salary Advance / Earned Wage Access: Short-term loans offered to individuals on regular payroll, enabling early wage access before payday. Interest/fees charged on the advance amount.
- Personal Loans: Unsecured personal loans for young working professionals, repaid in EMIs over a period of time (up to 48 months). Interest income constitutes primary revenue.
- Consumer Loans: Loans for consumer durables, insurance premiums, medical expenses, education fees, and other essential needs. Revenue generated through interest charges.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Salary Advance - Short-term loan for payroll employees |
| Subscription | Monthly | Personal Loans - Up to Rs.500,000 with max 48 months tenure |
| Transaction based/ take rate | Pay-as-you-go | Earned Wage Access (EWA) - Rs.1,000 to Rs.25,000, up to 45 days |
| Transaction based/ take rate | Monthly | Consumer Loans - Rs.5,000 to Rs.1,00,000, up to 24 months |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
FDPL Finance product offering
Product offeringCore offering
FDPL Finance is an RBI-registered Non-Banking Financial Company (NBFC) that provides digital lending products — Salary Advance (Early Wage Access), Personal Loans, Earned Wage Access (EWA), and Consumer Loans — to salaried employees and working professionals. Loans are originated and serviced through a digital lending platform delivered in partnership with Lending Service Providers (LSPs) and Digital Lending Applications (DLAs) such as FatakPay, with end-to-end automation from KYC and credit assessment through disbursement.
Product overview
FDPL Finance operates as a Non-Banking Financial Company (NBFC) offering a unified digital lending platform through its partner Lending Service Provider (LSP) FatakPay. The product portfolio consists of four distinct loan offerings: Salary Advance (short-term payroll-based loans for employees of partner corporates), Personal Loans (unsecured loans up to Rs. 500,000 for working professionals with tenure up to 48 months), Earned Wage Access (early wage access loans from Rs. 1,000-25,000 with 45-day tenure), and Consumer Loans (Rs. 5,000-100,000 for essential needs with up to 24-month tenure). All products share a common digital-first architecture with end-to-end automation from user onboarding through loan disbursement, leveraging automated workflows and secure protocols. The company partners with multiple Lending Service Providers (LSPs) for loan origination and operates as both lender and technology platform.
Differentiator
Problem solved
Functional benefit
Brands
- FatakLoans: Logo/trademark brand name appearing on the company website as FatakLoans
- FatakPay
Products and services
- Salary Advance A short-term loan offered to individuals on a regular payroll, enabling them to meet urgent or unexpected expenses (e.g., end-of-month cash shortfalls). Available to employees of partnering corporate companies through the FatakPay digital lending application.
- Personal Loans An unsecured personal loan for young working professionals, offered via the partner LSP FatakPay, with loan amounts up to Rs. 500,000 based on credit profile and repayment history, and maximum tenure of 48 months. The product is delivered through a fully digital process from onboarding to disbursement.
- Earned Wage Access (EWA)
- Consumer Loans Loans catering to essential needs such as consumer durables, insurance premiums, medical expenses, and education fees. Loan amounts range from Rs. 5,000 to Rs. 100,000 with flexible repayment tenures of up to 24 months.
Quantifiable outcome
- Reduced employee attrition for corporate partners through Salary Advance offerings
- +2 more outcomes
Companies that use FDPL Finance
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
FDPL Finance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration20 records
Feature4 records
FDPL Finance partnerships and signals
Strategic signalPartnerships
Twelve partnerships are on record, tiered core and minor.
- FatakPay Digital Private LimitedcorePrimary technology partner and Lending Service Provider operating the digital lending application (DLA). Handles loan origination, customer acquisition, KYC assistance, collections, recoveries, and customer support. Also serves as collection and recovery partner for FDPL Finance.
- GrowFiminorMarketing partner for FDPL Finance products and services.
- HyperVerge Technologies Pvt LtdcoreTechnology partner providing E-KYC verification services including Video KYC, Face Match, Liveness Check, and Document Digitisation.
- Cashfree Payments India Private LimitedcorePayment gateway/aggregator partner for processing loan disbursements and repayments.
- Razorpay Software Private LimitedcorePayment gateway partner for payment processing services.
- Easebuzz Private LimitedcorePayment gateway/aggregator for payment processing.
- TRANSUNION CIBIL LIMITEDcoreCredit Information Company (CIC) providing credit reports and creditworthiness assessment data.
- Equifax Credit Information Services Private LimitedcoreCredit bureau partner for credit information and risk assessment.
- Experian Credit Information Company of India Private LimitedcoreCredit bureau providing credit scoring and reporting services.
- CRIF High Mark Credit Information Services Pvt LtdcoreCredit information company providing credit data and analytics.
- Amazon Web ServicescoreCloud computing platform providing infrastructure and hosting services.
- Google Cloud PlatformcoreCloud computing platform for application hosting and data storage.
Scale indicators1 record
Recent moves5 records
Expansion highlights5 records
FDPL Finance competitors and assessment
Company assessmentDirect peers
- LazyPay: PayU-owned 'buy now pay later' and short-term credit platform offering salary advances and credit lines to consumers, overlapping with FDPL's EWA and consumer loan products.
- CASHe: Digital lending platform offering salary advances and short-term personal loans to young working professionals, with very similar product positioning and target customer to FDPL.
- MoneyTap: App-based personal credit line and personal loan provider in India targeting salaried millennials, overlapping with FDPL's Personal Loan offering of up to Rs. 500,000 over multi-month tenures.
- PaySense (now LazyPay/PayU Credit): Digital personal loan platform targeting young salaried professionals in India with instant credit decisions, closely comparable to FDPL's personal loan and consumer loan offerings.
- LoanTap: NBFC-registered digital lender offering personal loans, consumer loans and salary advances to salaried and self-employed borrowers via partner platforms, comparable in licensing and product breadth to FDPL.
- ZestMoney: Digital consumer durable and EMI financing platform offering credit for essentials and lifestyle purchases, mirroring FDPL's Consumer Loans product for durables, medical and education needs.
- KreditBee: Indian NBFC-backed digital lending platform offering unsecured personal loans and credit lines to salaried professionals and self-employed borrowers through an LSP/app model, closely matching FDPL's product mix and customer profile.
- EarlySalary (Refyne): One of India's leading Earned Wage Access / salary advance platforms serving salaried employees, directly competing with FDPL's EWA and Salary Advance products via employer partnerships and digital onboarding.
- FlexSalary: Earned Wage Access platform that provides salary advances and personal credit lines to employees of partner corporates, a near-identical B2B2C EWA model to FDPL.
Broad incumbents
- PayU Finance: Broader fintech-credit business of PayU operating multiple lending products (LazyPay, personal loans) in India; provides scale and capital that dwarfs FDPL but operates in overlapping product and customer categories.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
FDPL Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
FDPL Finance leadership team
Management profileNumber of profiles
Profiles3 records
FDPL Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FDPL Finance 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 FDPL Finance
What does FDPL Finance do?
FDPL Finance is an RBI-registered Non-Banking Financial Company (NBFC) that provides digital lending products — Salary Advance (Early Wage Access), Personal Loans, Earned Wage Access (EWA), and Consumer Loans — to salaried employees and working professionals. Loans are originated and serviced through a digital lending platform delivered in partnership with Lending Service Providers (LSPs) and Digital Lending Applications (DLAs) such as FatakPay, with end-to-end automation from KYC and credit assessment through disbursement.
Is FDPL Finance a public or private company?
FDPL Finance is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FDPL Finance founded?
FDPL Finance was founded in 2022.
Where is FDPL Finance based?
FDPL Finance is headquartered in Mumbai, India, in the Asia region.
How does FDPL Finance make money?
Three revenue lines are on record. Salary Advance / Earned Wage Access are the primary driver. The others are personal Loans and consumer Loans.
Who are FDPL Finance's main competitors?
Direct peers on record are LazyPay, CASHe, MoneyTap, PaySense (now LazyPay/PayU Credit), LoanTap, ZestMoney, KreditBee, EarlySalary (Refyne) and FlexSalary. PayU Finance is listed as a broad incumbent.
Does FDPL Finance have an API?
No public API is recorded for FDPL Finance.
What industry is FDPL Finance in?
FDPL Finance's product category is Digital Consumer Lending. Its primary akta.pro industry code is FSAKAAAK, Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment), with a secondary code of FSAMAKAH, Lending & Credit Disbursements. Its SIC code is 6159.