Finnable

Bengaluru-based Finnable operates as a financial technology platform with a mission to simplify access to credit for salaried professionals across India. The company was founded in 2016 by Nitin Gupta, Viraj Tyagi, and Amit Arora, all of whom are former bankers with extensive experience in financial services and technology. The founding team carries the experience of a prior entrepreneurial success; Gupta and Tyagi previously co-founded NettPositive Analytics, a data analytics firm that was acquired by Equifax. This background in financial analytics is central to Finnable's operations, which utilizes data to inform targeting, underwriting, and customer service.

Finnable's core business is providing personal loans to salaried individuals through a fully digital process, targeting a demographic that is often underserved by traditional banks. The company specifically focuses on employees with monthly incomes between ₹15,000 and ₹50,000. Its platform offers a streamlined application that requires minimal documentation, with the goal of disbursing loans ranging from ₹25,000 to ₹10,00,000 within a short timeframe, sometimes in as little as 60 minutes. Revenue is generated from the interest on these loans, which have competitive rates and flexible repayment tenures from 6 to 60 months. The company operates with its own RBI-registered Non-Banking Financial Company (NBFC) arm, Finnable Credit Private Limited, and also partners with other banks and financial institutions for co-lending.

Significant milestones for the company include reaching profitability within six years of inception and achieving an Assets Under Management (AUM) of ₹2,924 crore as of June 2025. Finnable has successfully raised a total of $63.1 million over five funding rounds, with its latest Series C round in November 2025 bringing in $30 million. These funds are earmarked for technology enhancement, expansion of its branch network, and the development of new product lines, which includes a recent venture into loans against property. The platform's commitment to transparency is a key aspect of its service, ensuring there are no hidden fees and all terms are clearly communicated to the borrower. Keywords: personal loans, digital lending, salaried professionals, fintech India, online loans, instant loan app, credit access, financial wellness, NBFC, consumer lending, loan for salaried, quick credit, flexible EMI, data analytics lending, hassle-free loans, Finnable Credit, financial technology, loan against property, retail lending, consumer finance, credit underwriting, digital finance, Bengaluru startup