Flexiloans

FlexiLoans founded in 2016, is a Non-Bank Finance Company that offers unsecured loans to the underserved small businesses through a tech-enabled digital business model anchored by digital ecosystems including online marketplaces (such as amazon.in) and other Indian digital platforms.

Investment rationale

Fully digital business model which allows FlexiLoans (to rapidly scale to address India’s huge MSME credit gap of USD 219bn while also keeping operational expenses low. 

FlexiLoans' proprietary risk pricing models that uses big data, machine learning algorithms and AI has enabled it to maintain its credit cost less than industry average.

Country:  India

Website: https://flexiloans.com/

Responsible partner: David Paradiso

Fund: Maj Invest Financial Inclusion Fund III K/S