iLoan

Finance at Your Fingertips

General Information
Company Name
iLoan
Founded Year
2017
Location (Offices)
Sri Lanka +3
Founders / Decision Makers
Number of Employees
5
Industries
Financial Services, Fintech
Funding Stage
Pre Seed
Social Media

iLoan - Company Profile

iLoan is a Financial Services and Fintech startup founded in 2017 and headquartered in Sri Lanka. The company's slogan is "Finance at Your Fingertips." iLoan focuses on providing much-needed "last mile" working capital for Micro-SMEs in frontier markets. Through its unique ecosystem, which includes anchor MNCs suppliers, local banks, distributors, and MSMEs, iLoan is committed to offering sustainable avenues of trade finance for the underbanked. Additionally, the startup provides API-connected credit risk, monitoring, and collection modules for financial institutions. One of its notable investments includes LKR2.00M from a Pre Seed Round investment at 01 August 2018, with John Keells X as the investor. This showcases the confidence that a prominent investor like John Keells X has in iLoan's innovative approach to addressing the financing needs of Micro-SMEs in developing economies.

Taxonomy: Working Capital, Micro-SMEs, Frontier Markets, Trade Finance, API Connectivity, Credit Risk, MSME Participation, Financial Institutions, Credit Profiling, Liquidity, Small and Medium Business, Leasing

Funding Rounds & Investors of iLoan (1)

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Funding Stage Amount No. Investors Investors Date
Pre Seed Round LKR2.00M 1 01 Aug 2018

Latest News of iLoan

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No recent news or press coverage available for iLoan.

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