83
58
Growth Score
-3 pts
Heat Score
4 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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472413
LoanSimple is a financial services company offering credit line to micro retailers on mobile against UPI digital payments.
- Ashutosh Kumar: Co-Founder & Chief Business Officer
- Daman Singh Kohli: Co-Founder
About the Company
LoanSimple is a technology-enabled lending business providing non collateral based loans to micro retailers. These loans are repaid by future UPI digital payments. The ticket size of the loan is upto 5 lacs.
LoanSimple combines new payment data-sets, traditional scoring, dynamic repayment, and automated daily repayment to identify and serve these
credit-worthy merchants. Merchants are not required to pay fixed monthly instalments, but instead make automatic daily repayments from their bank account.
