FinBucket | India's Top Digital Loans Portal
Finbucket is India’s top Digital Loans Portal, offering completely digital and paper-less loans with quick approval and disbursal. The platform provides flexible, short-term, collateral-free loans for salaried professionals and small enterprises / SMEs. Borrowers can apply online, upload documents digitally, and receive instant approvals.
Unlike banks and traditional NBFCs, Finbucket is a technology-driven lending company that focuses on approvals using alternate data points from various sources to assess creditworthiness and provide quick approvals based on minimal documentation. The platform taps into an untapped market not typically targeted by Banks and NBFCs, offering personal loans to employees of approximately 8,00,000 companies in India. Additionally, it provides quick funding for working capital and business expansion requirements for SMEs.
Founded in 2014 by a team of Management Consultants, Investment Bankers, and Chartered Accountants, the Founders are alumnus of top educational institutions like IIT, ISB, and IIM, with professional experience across companies like McKinsey, J.P. Morgan, and Standard Chartered. The company's head office is in Delhi, with a presence in top tier I and II cities.
The latest investment round of INR120.00M was secured on 13 December 2017 from Impanix Capital. The company operates within the Finance, Financial Services, and Fintech industries.
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