Stashfin

Stashfin is a leading digital lending platform in India, recognized for its technology-driven approach to personal finance and credit solutions. The company operates at the intersection of fintech and consumer banking, offering instant personal loans, credit lines and a suite of financial products designed to meet the needs of a diverse and digitally savvy clientele.

Core Products and Services

• Instant Credit Line: Up to ₹5 lakhs, available via mobile and web
• Personal Loans: Flexible tenors (3–36 months), minimal documentation, instant approval and disbursal
• Automated KYC: 90-second onboarding
• Dynamic Pricing: Adjusts interest rates based on real-time creditworthiness (rates from 9.99% to 59.99% APR)
• Credit-Building Tools: Helps users establish and improve credit history

Key Milestones

Business Model & Revenue Streams

• Revenue Model: Interest income from loans and credit lines, platform fees, and partnerships

• Revenue Breakdown: Most revenue from interest on digital lending products; no public breakdown by business unit or geography

Top Clients & Partnerships

• Major Lending Partners: ICICI Bank, State Bank of India, AU Small Finance Bank

• Other Key Partners: Fullerton India (USD 15M partnership), Northern Arc (debt provider), Tencent, Altara Ventures, Uncorrelated Ventures (investors)

• Client Concentration Risk: Diversified customer base (2.5 million+ users) reduces concentration risk; no single client dominates revenue

• Diversification Initiatives: Expanding product suite, entering new geographies, and deepening bank partnerships

Future Outlook & Strategic Priorities

• Growth Drivers: New non-lending products, market expansion to more cities, deeper bank and fintech partnerships and potential M&A (reflecting recent market trends)

• Risks and Headwinds: Regulatory changes in digital lending, macroeconomic volatility, technological disruption

• Management Targets: Focus on customer acquisition, product innovation, maintaining strong asset quality and prudent capital allocation (technology and risk management)

• Key Statistic: Stashfin has raised over $458 million in total funding, underscoring investor confidence and rapid scale