LoanTap - About the company
LoanTap is a series B company based in Pune (India), founded in 2016 by Satyam Kumar. It operates as a Provider of personal and business loan products for salaried professionals and business owners. LoanTap has raised $44.1M in funding from investors like India Quotient, Kae Capital and Shunwei Capital, with a current valuation of $*****. The company has 1813 active competitors, including 152 funded and 86 that have exited. Its top competitors include companies like SoFi, InCred and Funding Societies.
Company Details
Provider of personal and business loan products for salaried professionals and business owners. The company offers a range of financial solutions including personal loans, business loans, invoice financing, and electric two-wheeler loans. These products are designed to meet various life stage requirements through a digital platform that facilitates application, verification, and disbursal. The service provides flexible repayment options and customized loan offerings to support both individual lifestyle goals and business financing needs.
- Website
- loantap.in
- Email ID
- *****@loantap.in
- Phone Number
- +91 **********
- Registered Address
- 302A 3rd Floor, ABW Tower MG Road, Gurgaon, Gurgaon, Sadar Bazar, Haryana, India, 122001
Key Metrics
Founded Year
2016
Location
Pune, India
Stage
Series B
Total Funding
$44.1M in 13 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 26, 2024
Investors
Ranked
160th among 1813 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
74 as on May 31, 2025
Investment & Acquisitions
Legal entities associated with LoanTap
LoanTap is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
I-LOAN CREDIT PRIVATE LIMITED CIN: U74899HR1990PTC113656 , India, Active | Dec 05, 1990 | 0 - ₹10 Cr (As on Mar 31, 2025) | 6 (As on Jun 30, 2025) | |
LOANTAP CREDIT PRODUCTS PRIVATE LIMITED CIN: U65910PN1996PTC101188 , India, Active | Jul 17, 1996 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 29 (As on Feb 01, 2026) | |
LOANTAP FINANCIAL TECHNOLOGIES PRIVATE LIMITED CIN: U67100MH2016PTC280879 , India, Active | May 10, 2016 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 35 (As on Jul 31, 2025) |
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LoanTap's funding and investors
LoanTap has raised a total funding of $44.1M over 13 rounds. Its first funding round was on Aug 29, 2016. LoanTap has 18 institutional investors and 18 angel investors.
Here is the list of recent funding rounds of LoanTap:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 05, 2025 | 4430454 | Venture Debt | 2223347 | 5727983 | 3437139 | 2350405 |
Jun 05, 2025 | 8144253 | Series B | 5906564 | 5024758 | 2696741 | |
Feb 06, 2023 | 5296248 | Venture Debt | 1249259 | 7508638 | 7810941 |
View details of LoanTap's funding rounds and investors
LoanTap's founders and board of directors
Founder? Claim ProfileThe founders of LoanTap is Satyam Kumar. Satyam Kumar is the CEO of LoanTap.
Here are the details of LoanTap's key team members:
- Satyam Kumar: Co-Founder & CEO of LoanTap. They are also an angel investor in 2 startups and serve on the board of 1 company.Contact Info: 1 email address
LoanTap's Board of Directors
LoanTap's board has 4 active members. Vikas Kumar, Satyam Kumar, Prerna Bhutani and Anoop Pabby are part of team.Here is the list of LoanTap's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 5m | |
Team | - | Current | 10y 5m | |
inbpgch | Team | - | Current | 2y 6m |
Investor | India Quotient | Current | 6y 10m |
View details of LoanTap's Founder profiles and Board Members
LoanTap's employee count trend
LoanTap has 74 employees as of May 25. The total employee count is 38.0% lower than what it was in May 24. Here is LoanTap's employee count trend over the years:
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LoanTap's Competitors and alternates
Top competitors of LoanTap include SoFi, InCred and Funding Societies. Here is the list of Top 10 competitors of LoanTap, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SoFi 2011, San Francisco (United States), Public | Online bank offering consumer loans and insurances | $3.04B | 87/100 | |
2nd | Provider of financial services specializing in personal, education, and business loans | $320M | 82/100 | ||
3rd | Funding Societies 2015, Singapore (Singapore), Series D | Digital platform providing financing solutions for small businesses | $242M | 81/100 | |
4th | Platform offering online personal loans with minimal documentation | $90.2M | 79/100 | ||
5th | Moneylion 2013, Sandy (United States), Acquired | Online platform for instant consumer loans and mobile banking | $268M | 79/100 | |
6th | Provider of loans, credit cards, gold investment, insurance, and UPI | $215M | 79/100 | ||
7th | Figure 2018, San Francisco (United States), Public | Blockchain-based platform for consumer loans | $435M | 78/100 | |
8th | Avant 2012, Chicago (United States), Series E | Online platform for consumer loans | $905M | 78/100 | |
9th | Liberis 2007, London (United Kingdom), Acquired | Provider of embedded finance solutions for small businesses | $135M | 77/100 | |
10th | Salmon 2022, Taguig (Philippines), Series B | Developer of a platform offering business and consumer loans | $143M | 76/100 | |
160th | Provider of personal and business loan products for salaried professionals and business owners | $44.1M | 41/100 |
Looking for more details on LoanTap's competitors? Click here to see the top ones
Financials of LoanTapFY 25 Available
LOANTAP FINANCIAL TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with LoanTap, generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of LOANTAP FINANCIAL TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of -16% in the last 1 year.
Financial Statement Summary
Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
Income Statement | |||||
Revenue | 8889 | 1103 | 5572 | 9622 | 6763 |
Total Sales | 6703 | 4699 | 3422 | 7799 | 9778 |
Total Expenses | 7666 | 2088 | 1800 | 4973 | 5656 |
Operating Expenses | 3168 | 9785 | 1030 | 3290 | 1002 |
Employee Expenses | 2079 | 7388 | 4229 | 9737 | 9754 |
Marketing Expenses | 8121 | 2192 | 2830 | 3676 | 1899 |
Operating Income (EBIT) | 3581 | 6366 | 8499 | 3203 | 9459 |
Interest Expenses | 3722 | 8762 | 7604 | 8211 | 7336 |
Expenses from other activities | 4119 | 1618 | 2760 | 6327 | 4703 |
Information Technology Expenses | 3479 | 9500 | 8727 | 6212 | 4671 |
EBITDA | 5449 | 9523 | 4546 | 2341 | 6929 |
Taxes | 8829 | 5302 | 6810 | 1349 | 1331 |
Net Profit | 3574 | 3991 | 5286 | 2276 | 5359 |
Balance Sheet | |||||
Assets | 9866 | 1923 | 1182 | 8753 | 8632 |
Cash Equivalent | 7452 | 7369 | 4594 | 1761 | 2351 |
Accounts Receivables | 9375 | 7403 | 6745 | 5539 | 6170 |
Inventory | 4334 | 8733 | 1945 | 7108 | 9784 |
Liabilities | 2251 | 4582 | 8719 | 9203 | 1016 |
Total Debt | 2634 | 4871 | 1516 | 3097 | 5243 |
Accounts Payable | 8056 | 6296 | 4463 | 5839 | 4087 |
Equities | 2738 | 2140 | 6110 | 5219 | 3570 |
Cashflow Statement | |||||
Cash from Operating activities | 2571 | 3292 | 6129 | 5074 | 7361 |
Cash from Investing activities | 5428 | 2337 | 1256 | 7888 | 9910 |
Net cash from Financing activities | 9678 | 9644 | 5601 | 2545 | 4380 |
Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)
LoanTap's Investments and acquisitions
LoanTap has acquired Uno Finance. LoanTap has not made any investments as of now.Reports related to LoanTap
Here is the latest report on LoanTap's sector:
News related to LoanTap
•
AI transforming digital lending: An interview with LoanTap Financial Technologies' CEO, Gautam SinhaExpress Computer•Sep 05, 2025•LoanTap
•
Digital lending firm LoanTap raises Rs 74 crore to fuel its supply chain financing ambition
Indian Startup News•Jun 05, 2025•LoanTap, July Ventures, 3one4 Capital, Avaana Capital Advisors and 1 other
•
•
GT Force Partners With I-Loan To Make Electric Two-Wheelers More AffordableNews18•Oct 04, 2024•GT Force, LoanTap
•
LoanTap and Hyperface Announce Strategic Partnership to Transform Digital LendingBusinessnewsthisweek•Sep 06, 2024•LoanTap, Hyperface
•
LoanTap and makeO Partner to Provide Affordable Healthcare Financing for Toothsi and Skinnsi CustomersOnline Media Cafe•Jun 26, 2024•LoanTap, MakeO
•
•
Digital lending platform LoanTap opens new office in Delhi-NCR on WednesdayCIO News•Aug 02, 2023•LoanTap, Uno Finance
•
LoanTap partners with Mufin Green Finance to make EV loansAdgully•Jul 20, 2023•Mufin Green Finance, LoanTap
•
LoanTap Announces Key Promotions & Appointments to Drive Growth and InnovationIndianWeb2•Jun 13, 2023•LoanTap
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