Acquisition highlights of FriendLoan and a snapshot of its key metrics.

Founded in 2017, FriendLoan operates in Fintech offering fast loans at reasonable rates to deserving borrowers. The company employs Machine Learning to assess customers and creditworthiness in real-time, enabling a paperless process and rapid disbursals within minutes. With a significant portion of Indias population being unbanked or underbanked, FriendLoan addresses the challenges faced by those who lack traditional identification, such as PAN cards. The company aims to provide sufficient loans quickly and with minimal effort for its clients, with a vision to rank among the top five banks in the country by lending portfolio size by the end of 2025.

Vijayakumar Vaidhyanathan

ET Pradeep

Funding highlights of FriendLoan and a snapshot of its key metrics.

Investment highlights of FriendLoan and a snapshot of its key metrics.

Friendloan - A Fintech Bootstrapped Company Based Out Of Chennai

FriendLoan

A snapshot of highlights, scale, and metrics

A Fintech Bootstrapped Company Based Out Of Chennai

FriendLoan - Company Profile & Overview