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Moneyview Limited is a digital financial services platform offering personal loans, credit monitoring, expense tracking and other financial products to individuals across India. Founded in 2014, the company moved into lending in 2017 and operates its loan business through Whizdm Finance Private Limited.
The company had 12.54 crore registered users and managed AUM of ₹19,814 crore as of December 2025. It has reported growth in income, assets and net worth over recent periods.
The IPO consists of a Fresh Issue of up to ₹1,500 crore and an Offer for Sale of up to 13,60,95,900 equity shares. The company proposes to use fresh issue proceeds for investment to drive growth in loan disbursals under default loss guarantee arrangements, investment in Whizdm Finance Private Limited for augmenting its capital base and general corporate purposes.
At the same time, the business carries risks related to regulatory changes, borrower credit quality, default loss guarantee exposure, rising borrowings, competition, data privacy and technology dependence. Investors may refer to the offer documents and other publicly available information before making an investment decision on the issue.
Getting a personal loan used to mean visiting a bank, submitting documents and waiting. For many people in smaller cities or those without a credit history, it often meant a rejection. Digital lending has changed that. A phone, some data and a few minutes can now help assess a borrower and disburse a loan. Moneyview began as a personal finance management platform in 2014 and expanded into digital lending in 2017. Since then, it has built one of India's larger digital lending platforms.
Moneyview Limited has received SEBI approval for its initial public offering (IPO). The company operates a digital financial services platform that offers personal loans, credit monitoring, expense tracking and other financial products to individuals across India.
For investors seeking to understand the company’s operations, financial performance, industry position and business risks, the offer documents provide insights into how the company generates revenue and plans to utilise the IPO proceeds. This article simplifies the key information available in an easy-to-understand format.
The table below highlights the key details of the public issue available so far, while certain information such as the price band, lot size and issue dates are yet to be announced.
Particulars | Details |
IPO Type | Book Built Issue |
IPO Open Date | To be announced |
IPO Close Date | To be announced |
Face Value | ₹1 per equity share |
Price Band | To be announced |
Lot Size | To be announced |
Fresh Issue | Up to ₹1,500 crore |
Offer for Sale | Up to 13,60,95,900 equity shares |
Total Issue Size | Fresh Issue of up to ₹1,500 crore and OFS of up to 13,60,95,900 equity shares |
Listing Exchange | NSE and BSE |
The IPO consists of both a Fresh Issue and an Offer for Sale.
Under the Fresh Issue portion, the company will receive funds from the IPO. The OFS portion comprises shares being sold by existing shareholders, including co-founders Puneet Agarwal and Sanjay Aggarwal and investors such as Accel, Tiger Global and Ribbit Capital. The proceeds from the OFS will be received by the selling shareholders and not by the company.
The company may also raise up to ₹300 crore through a Pre-IPO Placement before filing the Red Herring Prospectus. If this happens, the fresh issue size will be reduced by that amount.
The final issue size, price band, lot size and offer dates will be disclosed at a later stage.
Moneyview Limited was started in 2014 by Puneet Agarwal and Sanjay Aggarwal. It began as a personal finance management app and moved into lending in 2017.
The company is based in Bengaluru and carries out its lending business through its NBFC arm, Whizdm Finance Private Limited. Its investors include Accel, Ribbit Capital and Tiger Global.
Moneyview operates a digital platform that connects users seeking financial products with banks, NBFCs, insurers and other financial institutions.
Its products include:
Personal loans through its own NBFC book and partner lenders
Credit score monitoring and tracking
Expense tracking and financial planning
Credit cards, insurance, digital gold and UPI payments
As of December 31, 2025, the platform had 12.54 crore registered users and 42 financial partners. Around 79% of users were from Tier II cities and smaller towns.
The platform processes close to 2,00,000 loan applications daily with minimal human involvement and covers 99.55% of India’s pin codes without any physical branches.
Moneyview earns revenue mainly through two streams.
First, it earns interest income from loans disbursed through its own NBFC book. Second, it earns fees and commissions from partner banks and NBFCs for loans and other financial products sourced through the platform.
Moneyview operates in India’s digital lending and fintech ecosystem. The company handled around 11% of total digital unsecured personal loan sanctions in India in FY2025.
Its managed AUM stood at ₹19,814 crore as of December 2025. The company has also reported profitability for three consecutive financial years.
Digital lending in India has grown due to smartphone adoption, wider internet access, increased use of financial apps and demand from borrowers who may not be fully served by traditional banks.
Large base of underserved and new-to-credit borrowers in Tier II cities and smaller towns
Wider smartphone and internet access enabling digital loan applications
Banks and NBFCs using digital platforms to source and assess borrowers
Faster credit decisions through data, analytics and technology
Greater regulatory clarity around digital lending
Growing use of apps for everyday financial needs
These trends can support digital financial services platforms. At the same time, the industry remains sensitive to regulation, borrower credit quality, funding availability, data privacy rules and competition.
The financial performance of Moneyview Limited over recent periods provides insight into its income, profitability, assets and balance sheet position. The table below presents key financial metrics as disclosed.
Financials (₹ crore) | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
Assets | 7,718.84 | 5,632.42 | 3,519.50 | 1,724.06 |
Total Income | 2,408.54 | 2,378.53 | 1,389.24 | 677.02 |
Profit After Tax | 209.74 | 240.28 | 171.15 | 162.57 |
Net Worth | 2,168.61 | 1,918.66 | 1,606.64 | 1,314.27 |
Total Borrowings | 5,080.33 | 3,413.37 | 1,708.92 | 266.62 |
Moneyview was founded in 2014 as a personal finance management platform and expanded into digital lending in 2017. Since then, it has built one of India's larger digital lending platforms.
Around 79% of the company’s users are from Tier II cities and smaller towns. This gives Moneyview access to borrower segments where traditional credit access may be limited.
The company uses data analytics and technology to assess borrowers and process loan applications with minimal human involvement. This can help it serve users who may not fit traditional bank lending processes.
Moneyview works with 42 financial partners, including banks, NBFCs and insurers. This allows the company to offer multiple financial products through the same platform.
The company has reported growth in assets and net worth over the reported periods and has remained profitable throughout the reported financial years.
Digital lending is closely regulated and rules in this area can change. Changes in RBI, SEBI, insurance, payments or data-related regulations could affect how the company operates and earns revenue.
The company serves many borrowers who may be new to credit or underserved by traditional banks. If repayment behaviour weakens, especially during an economic slowdown, the company’s loan book and profitability may be affected.
The company proposes to use part of the fresh issue proceeds for loan disbursals under default loss guarantee arrangements. Losses under such arrangements could affect financial performance if borrower defaults rise.
The company’s total borrowings have increased over recent periods. Continued access to funding at reasonable costs will be important for growth and profitability.
Moneyview competes with banks, NBFCs, fintech platforms and other digital lenders. Competition may affect customer acquisition costs, pricing and growth.
The platform handles sensitive financial and personal data. Any data breach, system failure or non-compliance with data protection requirements could affect operations and reputation.
Before evaluating the IPO, investors may consider the following factors:
The company’s digital lending platform model
Growth in income, assets and profitability over recent periods
Credit quality of the borrower base
Increase in borrowings and funding requirements
Regulatory environment for digital lending and fintech platforms
Exposure to default loss guarantee arrangements
Dependence on technology, data and automated credit assessment
Competition from banks, NBFCs and other fintech platforms
Valuation relative to listed fintech and NBFC peers
Utilisation of Fresh Issue proceeds and impact of the Offer for Sale
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Content Partner - Dalal Street Investment Journal Wealth Advisory Private Limited
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