FincFriends - About the company
FincFriends is a series A company based in Gurugram (India), founded in 2017 by Jitin Shanker Bhasin, Nikolay Zubtsov, Abhishek Bajaj and Dmitry Kobzar. It operates as a Provider of unsecured digital consumer lending products. FincFriends has raised $16.6M in funding from Digital Finance and Grow Money Capital, with a current valuation of ₹*****. The company has 18 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like axio, Upwards and Si Creva Capital Services.
Company Details
Provider of unsecured digital consumer lending products. It offers short-term personal loans through a completely digital and secure process, targeting underserved customers. The process involves online application, real-time underwriting using alternative data and analytics, and instant disbursement to the borrower's bank account. Loans are unsecured, requiring no collateral. The company is registered as a non-deposit taking non-banking financial company.
- Website
- fincfriends.com
- Social
- Email ID
- *****@fincfriends.in
- Registered Address
- 7th Floor, Vatika Triangle, Mehrauli-Gurgaon Road, Block B, Sushant Lok Phase I, DLF QE, Gurgaon, Dlf Qe, Haryana, India, 122002
Key Metrics
Founded Year
2017
Location
Gurugram, India
Stage
Series A
Total Funding
$16.6M in 7 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Mar 23, 2026
Investors
Ranked
3rd among 18 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
69 as on Aug 31, 2025
Legal entities associated with FincFriends
FincFriends is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Fincfriends Private Limited CIN: U65929HR2017FTC135958 , India, Active | Apr 26, 2017 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 100 (As on May 01, 2026) |
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FincFriends's funding and investors
FincFriends has raised a total funding of $16.6M over 7 rounds. Its first funding round was on Jan 05, 2022. Its latest funding round was a Conventional Debt round on Nov 30, 2025 for $*****. 4 investors participated in its latest round. FincFriends has 11 institutional investors.
Here is the list of recent funding rounds of FincFriends:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 30, 2025 | 5419134 | Conventional Debt | 4888354 | 5685287 | 4376111 | 4940313 |
Jul 01, 2025 | 4701800 | Conventional Debt | 7051629 | 2202709 | 1556745 | |
Apr 15, 2024 | 4954813 | Conventional Debt | 4785367 | 7711507 | 3574025 |
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FincFriends' founders and board of directors
Founder? Claim ProfileThe founders of FincFriends are Jitin Shanker Bhasin, Nikolay Zubtsov, Abhishek Bajaj and Dmitry Kobzar. Artem Andreev is the CEO of FincFriends.
Here are the details of FincFriends' key team members:
- Jitin Shanker Bhasin: Former Co-Founder of FincFriends and founder of 2 other companies, RupeeRedee and SaveIN. They serve on the boards of 2 companies.Contact Info: 1 phone number
- Nikolay Zubtsov: Co-Founder of FincFriends.
- Abhishek Bajaj: Co-Founder of FincFriends.
- Dmitry Kobzar: Co-Founder of FincFriends.
- Artem Andreev: CEO of FincFriends. Contact Info: 1 email address
FincFriends' Board of Directors
FincFriends's board has 2 active members. Sergey Yadchenko and Dmitry Kislyakov are independent board members.Here is the list of FincFriends' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 7m | |
zatbkeu | Independent board member | - | Current | 2y 2m |
View details of FincFriends's Founder profiles and Board Members
FincFriends' employee count trend
FincFriends has 69 employees as of Aug 25. The total employee count is 19.0% more than what it was in Aug 24. Here is FincFriends's employee count trend over the years:
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FincFriends's Competitors and alternates
Top competitors of FincFriends include axio, Upwards and Si Creva Capital Services. Here is the list of Top 10 competitors of FincFriends, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an online lending platform offering point of sale financing | $206M | 75/100 | ||
2nd | Provider of personal loans with an application and digital loan process | $5.5M | 67/100 | ||
3rd |  FincFriends 2017, Gurugram (India), Series A | Provider of unsecured digital consumer lending products | $16.6M | 61/100 | |
4th | Si Creva Capital Services 2015, Mumbai (India), Funding Raised | Digital lending platform that enables customers to access credit for their shopping needs, offering personal loans with flexible repayment terms and a seamless application process | - | 56/100 | |
5th |  Ram Fincorp 1984, Delhi (India), Unfunded | Provider of personal loan services | - | - | 48/100 |
6th |  Bhanix Finance and Investment 1996, Mumbai (India), Funding Raised | Developer of an online platform for personal loans | - | - | 47/100 |
7th | PayMeIndia 2016, Noida (India), Seed | Developer of an online marketplace for personal loans | $2M | - | 44/100 |
8th | BharatLoan 2022, Gurugram (India), Funding Raised | Provider of digital platform offering unsecured personal loans to salaried individuals | - | - | 40/100 |
9th | P2P platform for personal loans | $596K | 38/100 | ||
10th | Provider of a credit line for students using mobile payments | $500K | 33/100 |
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FincFriends's Investments and acquisitions
FincFriends has made no investments or acquisitions yet.
Reports related to FincFriends
Here is the latest report on FincFriends's geography:
News related to FincFriends
Media has covered FincFriends for a total of 3 events in the last 1 year.
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Singrow Secures $4.5M Series A to Expand Seed Breeding and Vertical FarmingVertical Farm Daily•Aug 21, 2025•Singrow, FincFriends, Oishii, Pasudeco and 3 others
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FincFriends secures Rs 41 Cr debt funding to expand lendingYourStory•Aug 11, 2025•Usha Financial, FincFriends, Real Touch Finance, IBL Finance and 1 other
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FincFriends Appoints Sunil Kumar Dinodiya as CISOBusinessnewsthisweek•Dec 19, 2024•FincFriends, Oxane Partners
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RupeeRedee’s NBFC Arm FincFriends Bags $7.8 Mn In Debt & EquityInc42•Apr 15, 2024•FincFriends, InCred, Grow Money Capital, Apv and 2 others
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FincFriends Secures $3.5 Mn From Digital Finance InternationalViestories•Jul 31, 2023•FincFriends, RupeeRedee, Digital Finance
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