Moneyview: India's Fintech Unicorn Story
- Riddhi Agnihotri
- Jul 23
- 2 min read
Introduction to Moneyview
Founded in 2014 by IIT alumni Puneet Agarwal and Sanjay Aggarwal, Moneyview began as a simple expense tracking app. But when they realized millions of Indians lacked access to formal credit especially in smaller cities where they pivoted to digital lending and changed everything.
Breaking the Credit Barrier of Moneyview
Today, Moneyview serves over 65 million users across 18,400+ pincodes, has disbursed ₹12,000 crore in loans, and achieved unicorn status with a $1.2 billion valuation in September 2024.
Traditional banks couldn't serve India's "credit invisibles"—gig workers, self-employed individuals, and millions in Tier II/III cities who lacked formal credit history but were perfectly creditworthy.
Moneyview's breakthrough? An AI-powered risk engine that uses alternative data like smartphone metadata, SMS alerts, and utility payments to assess creditworthiness. This 100% paperless, mobile-first approach enables instant loan approvals in minutes, reaching users in 19,000+ locations where 75% come from smaller cities.
Beyond Lending
What started as loans evolved into a complete financial ecosystem: personal loans up to ₹10 lakh, home loans at 8.5% p.a., lifetime free credit cards, business loans, gold investments, insurance, and UPI payments—all through one multilingual platform.
The Numbers Speak
₹1,012 crore operating revenue in FY24 (75% growth)
₹171 crore net profit
4.8★ rating on Google Play (2M+ reviews)
ISO 27001:2022 security certification
Impact & Vision
Moneyview proves that responsible fintech innovation can drive massive financial inclusion. By focusing on "middle India" and building trust through technology, they've created a sustainable model that serves millions while maintaining profitability.
Their story shows how understanding user needs and leveraging smart technology can transform entire industries—one loan, one user, one city at a time.
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