FincFriends Secures INR 313 Crore in Debt Funding to Boost Digital Lending Growth

The funds will be used for onward lending, helping FincFriends reach more underserved borrowers in Tier 2 and Tier 3 cities.

Several lenders took part in the current funding round, including Grow Money, Incred Financials, Kisan Dhan, Shine Star, and others.

In August 2025, FincFriends raised ₹41.5 crore in debt funding to further expand its digital lending capacity.

Artem Andreev, CEO of FincFriends said, "This latest funding reflects the continued confidence of our lending partners in our digital-first model and vision of financial inclusion. The funds will help us expand RupeeRedee's footprint across India's emerging markets and enhance credit accessibility for customers who remain outside the traditional banking ecosystem."

Founded in 2017, FincFriends is an RBI-registered NBFC that provides unsecured digital personal loans of up to 1,49,000. The company focuses on offering quick and transparent credit through its fully online process.

Its digital lending platform, RupeeRedee, uses technology to make borrowing easier and faster for users. The company competes with other digital lenders such as KreditBee, CASHe, MoneyTap, and NIRA.

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