Finfinity secures fresh funding to scale digital lending marketplace
Finfinity, a digital lending marketplace, has secured fresh funding to expand its operations. The startup was launched in 2023 by Pradeep Chauhan, Mohit Jain, and Vijay Kadam. It helps borrowers compare loan offers from multiple lenders while connecting financial institutions with high-quality customers.
The latest funding round was led by the family office of Mankind Pharma's promoter. Other backers included the Vi-John Group, Malani Ventures, and individual investors like Sanjay Singhvi. Employees of Finfinity also participated in the round.
The company plans to use the capital for technology upgrades, particularly in personalisation and risk intelligence. It will also focus on scaling distribution, adding more lending partners, and boosting customer acquisition. Over the next 18 to 24 months, Finfinity aims to reach 10 million users and expand across more lending categories. Since its founding, the startup has grown from four employees to around 80. Its platform currently offers home loans, personal loans, auto loans, education loans, and loans against property. By integrating with banks and NBFCs, Finfinity enables real-time data exchange for faster credit decisions.
The funding will support Finfinity's push to enhance its tech infrastructure and widen its market reach. With a stronger platform and broader lender network, the company expects to serve more borrowers and financial institutions. Growth in employee numbers and product offerings reflects its rapid expansion since 2023.
