Loan Simple

Loan Simple

LoanSimple is a fin tech startup, offers mobile-first, credit line to micro retailers, against digital payments. India has literally leapfrogged from cash to digital payments with even the mom & pop shops (micro retailers) aggressively adopting digital payments in hordes as illustrated by recent UPI numbers:
>>100 million+ monthly UPI QR code payments
>> 100 million+ monthly UPI QR code payments
>> 10 million+ mom & pop shops on UPI QR code payments
>> 900 million+ monthly UPI transactions in August 2019
>> 100 million+ monthly active UPI users

This boom in digital payments volume; coupled with data sharing via smart-phones, has made it viable to tap this massive opportunity of providing micro-credit to small retailers.

>> The current addressable market is 54,000 cr. and is estimated to be 3,24,000 cr. by 2023.


Our key corner-stone feature is automated daily repayments aligned with fluctuating cash flows of micro retailers. Other credit line features include:
 Upto 5 lac disbursal in minutes
 Draw as per use
 Tenure 3-12 months
The complete process runs on mobile.


Co-Founder 1- An IIT Delhi 2008 passout and worked with Bank of America. Cofounder drives customer acquisition & lifecycle management

Co-Founder 2- Ex Investment Banker, Series A (Ola, Knowlarity). He drives Product, Credit & Finance.

Co-Founder 3 & Chief Business Officer – Ex SVP Fullerton India. Over 18 years of experience with NBFCs & Banks. He drives distribution & policy.

Head Decision Sciences & Analytics – IIT Delhi, Capital One & Swiggy. 10 years of experience in creating credit & collection models