National, August 2025 – FincFriends Private Limited, a leading RBI-registered Non-Banking Financial Company (NBFC), has raised ₹41.5 crore in debt funding in Q1 FY 2025-26 from its existing investor network. This round follows the company’s ₹98.5 crore (USD 11.5 million) debt raise in Q4 FY 2024-25, marking a consistent growth trajectory fueled by strong investor confidence.
The fresh capital will be channelled towards scaling digital lending operations through its flagship platform RupeeRedee, with a focused push in Tier 2 and Tier 3 markets—segments where credit penetration remains significantly untapped.
The funding round saw active participation from marquee investors, including IBL Finance Limited, Moneywise Financial Services Pvt. Ltd., Usha Financial Services Ltd., Shine Star Build Cap Pvt. Ltd., Realtouch Finance Pvt. Ltd., and UC Inclusive Credit Pvt. Ltd. (UCIC).
“This funding brings us a step closer towards our mission to democratize credit access for underserved segments,” said Artem Andreev, CEO of FincFriends. “With the continued trust of our lending partners and investors, we are confident that RupeeRedee will play a transformative role in reshaping digital lending in India.”
Empowering Underserved Borrowers with Technology
FincFriends’ digital-first approach leverages advanced technologies to address the credit needs of borrowers who are traditionally excluded from formal financial systems. RupeeRedee’s streamlined, secure, and fully digital loan process enables individuals to access funds for urgent financial needs with minimal paperwork and maximum speed.
Driving Financial Inclusion Beyond Metros
With internet penetration rising and fintech adoption accelerating across India, FincFriends aims to position RupeeRedee as a key enabler of financial inclusion, empowering individuals in semi-urban and rural areas to manage unexpected expenses, improve livelihoods, and build financial resilience.
About FincFriends Private Limited
Founded in 2017, FincFriends Private Limited is an RBI-registered NBFC focused on providing accessible, secure, and hassle-free credit solutions through a 100% digital process. With its flagship platform RupeeRedee, the company offers short-term personal loans tailored to the needs of underserved customer segments, making credit more transparent and inclusive.
