FDPL Finance

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.

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

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

• Digital lending platform
• Earned wage access
• Salary advance loans
• Personal loan products
• Consumer credit services

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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.
3. Consumer Loans: Loans for consumer durables, insurance premiums, medical expenses, education fees, and other essential needs. Revenue generated through interest charges.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core 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

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration20 records

Feature4 records

Partnerships

Twelve partnerships are on record, tiered core and minor.

• FatakPay Digital Private LimitedcoreTechnology or IntegrationPrimary 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.
• GrowFiminorGTM or Marketing PartnerMarketing partner for FDPL Finance products and services.
• HyperVerge Technologies Pvt LtdcoreTechnology or IntegrationTechnology partner providing E-KYC verification services including Video KYC, Face Match, Liveness Check, and Document Digitisation.
• Cashfree Payments India Private LimitedcoreTechnology or IntegrationPayment gateway/aggregator partner for processing loan disbursements and repayments.
• Razorpay Software Private LimitedcoreTechnology or IntegrationPayment gateway partner for payment processing services.
• Easebuzz Private LimitedcoreTechnology or IntegrationPayment gateway/aggregator for payment processing.
• TRANSUNION CIBIL LIMITEDcoreTechnology or IntegrationCredit Information Company (CIC) providing credit reports and creditworthiness assessment data.
• Equifax Credit Information Services Private LimitedcoreTechnology or IntegrationCredit bureau partner for credit information and risk assessment.
• Experian Credit Information Company of India Private LimitedcoreTechnology or IntegrationCredit bureau providing credit scoring and reporting services.
• CRIF High Mark Credit Information Services Pvt LtdcoreTechnology or IntegrationCredit information company providing credit data and analytics.
• Amazon Web ServicescoreTechnology or IntegrationCloud computing platform providing infrastructure and hosting services.
• Google Cloud PlatformcoreTechnology or IntegrationCloud computing platform for application hosting and data storage.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct 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

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 FDPL Finance