# Stashfin **Source:** https://geo.sig.ai/brands/stashfin **Vertical:** Finance **Subcategory:** General **Tier:** Challenger **Website:** stashfin.com **Last Updated:** 2026-04-14 ## Summary New Delhi India YC W20 digital lending NBFC at INR 800Cr ($96M) revenue and INR 68Cr profit FY2024; $431M total at $800M valuation with INR 13,000Cr+ cumulative disbursals preparing for IPO competing with KreditBee. ## Company Overview Stashfin is a New Delhi, India-based digital lending fintech and NBFC (Non-Banking Financial Company) — backed by Y Combinator (W20) with $431 million in total funding (including significant debt financing) at an $800 million valuation as of June 2022 — providing instant personal loans, credit lines, and consumer credit products to underserved segments in India through a mobile-first digital lending platform. In FY2024, Stashfin generated INR 800 crore ($96 million) in revenue, INR 68 crore in net profit, and INR 2,000 crore in assets under management (AUM), while disbursing over INR 3,500 crore ($420 million) in loans in 2024 alone — with cumulative disbursals exceeding INR 13,000 crore ($1.56 billion) since inception. Founded in 2016, Stashfin is reportedly preparing for an IPO. Stashfin's digital lending platform addresses the credit access gap that characterizes India's underserved borrower segment: 400+ million Indian adults have no credit history with CIBIL (India's primary credit bureau), making them "new-to-credit" customers that traditional banks and NBFCs reject for personal loans due to inability to assess default risk through conventional credit scoring. Stashfin's alternative underwriting model (using mobile data, payment history, digital footprint signals, and behavioral variables to assess creditworthiness beyond bureau scores) enables credit access for the self-employed, salaried workers at small companies, and informal economy participants who need personal credit for education, medical expenses, and consumption. The mobile-first disbursement (loan approval and funds transfer through the Stashfin app) provides the speed and convenience that formal banking channels cannot match for emergency credit needs. In 2025, Stashfin competes in the Indian digital lending, consumer fintech, and NBFC market with MoneyTap (credit line app, $190M raised), KreditBee (personal loans, $350M raised), and Capital Float (SME and consumer credit, $337M raised) for new-to-credit and underserved Indian consumer digital lending and personal credit product adoption. Y Combinator W20 backing provides investor credibility in the Indian fintech market. The INR 68 crore net profit (FY2024) demonstrates lending model profitability despite the high-risk customer segment — validating Stashfin's alternative underwriting accuracy. The IPO preparation signals capital markets confidence in the growth trajectory. The 2025 strategy focuses on the INR 13,000+ crore cumulative disbursal milestone as a credit history builder for borrowers who can graduate to lower-rate products, expanding the credit card product for revolving credit customers, and building the embedded finance partnerships with consumer platforms for in-app credit access. ## Frequently Asked Questions ### What is Stashfin? Stashfin is an Indian digital lending fintech and NBFC (Non-Banking Financial Company) founded in 2016 that provides instant personal loans, credit lines, and consumer credit products. Based in New Delhi, the company focuses on serving underserved segments in India through its mobile lending platform. ### What products and services does Stashfin offer? Stashfin offers instant personal loans, credit line products, and consumer credit through its digital lending platform and mobile loan app. The company provides quick access to credit for individuals through technology-driven solutions. ### Who is Stashfin designed for? Stashfin targets underserved segments in India who need access to instant personal loans and credit lines. The company focuses on providing financial services to individuals who may have limited access to traditional banking credit. ### When was Stashfin founded and by whom? Stashfin was founded in 2016 and is backed by Y Combinator (W20 batch). The company is based in New Delhi, India. ### Where is Stashfin headquartered? Stashfin is headquartered in New Delhi, India. The company operates as a digital lending platform serving customers across India. ### How much funding has Stashfin raised? Stashfin has raised $431 million in total funding, including significant debt financing. As of June 2022, the company achieved a valuation of $800 million. ### What are Stashfin's key financial achievements? In FY24, Stashfin generated INR 800 crore ($96M) in revenue and INR 68 crore in net profit, with INR 2,000 crore in Assets Under Management (AUM). The company disbursed over INR 3,500 crore ($420M) in loans in 2024 alone, with cumulative disbursals exceeding INR 13,000 crore since inception. ### How has Stashfin's revenue grown over time? Stashfin's revenue grew significantly from INR 21 crore in FY21 to INR 800 crore in FY24. In the first 9 months of FY25, the company reported INR 90 crore in pre-tax profit. ### What technology approach does Stashfin use? Stashfin operates as a digital lending platform with a mobile loan app that enables instant credit decisions and disbursals. The company uses technology to provide quick access to personal loans and credit lines for underserved customers. ### What are Stashfin's recent developments? Stashfin is reportedly preparing for an IPO after achieving strong financial performance with INR 800 crore revenue in FY24. The company has demonstrated consistent growth and profitability, with INR 90 crore in pre-tax profit in the first 9 months of FY25. ## Tags b2c, fintech, payment-processing, asia-pacific, scaleup --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*