India’s fast expanding fintech ecosystem is preparing for another major public listing. Digital lending platform Moneyview has filed its Draft Red Herring Prospectus with Securities and Exchange Board of India to raise more than ₹1,500 crore through an initial public offering.
The proposed IPO will include a fresh issue of shares worth ₹1,500 crore along with an offer for sale of up to 13.61 crore equity shares by existing shareholders. The move signals Moneyview’s next phase of growth as it aims to expand its lending operations and strengthen its financial base amid rising competition in India’s digital credit market.
Founded in 2014, the Bengaluru based fintech unicorn has built a strong presence in unsecured personal lending, particularly among customers who are new to credit and often underserved by traditional banks.
Table of Contents
- Moneyview Files ₹1,500 Crore IPO Papers
- Digital Lending Model Built for New to Credit India
- Strong Financial Growth Ahead of Public Listing
Moneyview Files ₹1,500 Crore IPO Papers
Moneyview’s IPO will combine a fresh capital raise with a partial exit opportunity for early investors and founders.
The company plans to use the net proceeds from the fresh issue primarily to accelerate the growth of its lending business. Around ₹650 crore will be deployed to expand loan disbursals through default loss guarantee arrangements, a structure widely used by fintech lenders working with partner financial institutions.
Another ₹450 crore will be invested in its non banking financial company subsidiary Whizdm Finance Pvt Ltd to strengthen its capital base and support direct lending operations.
The offer for sale component will see shares sold by founders Puneet Agarwal and Sanjay Aggarwal along with several institutional investors including Accel, Ribbit Capital, and Tiger Global.
Moneyview has raised more than 250 million dollars in funding since its founding and joined the unicorn club in 2022 when its valuation crossed 1 billion dollars during a surge of investor interest in India’s fintech sector.
Digital Lending Model Built for New to Credit India
Moneyview’s growth has been driven by a digital first lending strategy that focuses on consumers who lack a traditional credit history.
Through its mobile application and online platform, the company partners with banks and NBFCs to originate unsecured personal loans. At the same time, it also lends directly from the balance sheet of Whizdm Finance.
The company uses proprietary credit scoring models built on alternative data sources to assess borrower risk. This approach allows it to extend credit to individuals who might otherwise struggle to access formal loans.
Over time, Moneyview has expanded beyond personal lending to offer a broader suite of financial services. These include credit cards, buy now pay later products, and digital personal finance tools aimed at improving customer engagement.
The company says this integrated approach helps deepen relationships with users while creating opportunities to cross sell financial products across its growing platform.
Moneyview currently claims a user base of more than 12.5 crore customers, with nearly 79 percent of users coming from tier two and smaller cities. This highlights the growing demand for digital credit solutions outside India’s largest metropolitan markets.
Strong Financial Growth Ahead of Public Listing
The fintech unicorn enters the public market process with strong financial momentum.
According to its IPO filing, Moneyview reported revenue of ₹2,379 crore in FY25 and posted a net profit of ₹240 crore during the same period. For the nine months ending December 31, 2025, the company has already exceeded those numbers, reporting revenue of ₹2,409 crore and a net profit of ₹245 crore.
The company’s assets under management stood at ₹19,814 crore as of December 31, 2025, reflecting rapid growth in its lending portfolio.
Moneyview also claims that it accounted for roughly 11 percent of all digital unsecured personal loan sanctions in FY25, underscoring its growing influence in India’s fintech credit ecosystem.
As India’s digital lending sector continues to expand, the company’s upcoming public listing could become a key test for investor appetite toward profitable fintech startups that combine technology driven underwriting with large scale consumer distribution.
If successful, the IPO may further strengthen the momentum of India’s fintech industry as more technology led financial platforms look to tap public markets.