FriendLoan is an Fintech that will change the way loans in India are processed. From a traditional model of loans, we bring together the new credit scoring systems with our technology for customers to get quick loans digitally within minutes.
FriendLoan is a Fintech incorporated in the year 2017. Founded by IITans , was processing upward of 10,000 loans a day and in absolute terms disbursed 10,000 Small ticket Digital loans with FriendLoan App. In the process we were able to give qualified leads to other NBFC. So far the platform has generated leads of 65,00,000 and accepted loan applications from lakhs which are digitally checked and processed within fraction of seconds. All this is done by an intelligent proprietary engine and the AI/ML “ Socrates”. The entire model is a do-it-yourself model where customers complete the journey by themselves in the Loan APP. The user interface is designed and built to give a seamless journey to the customer. The Platform provides digital small ticket business loans up to Rs.5,00,000 for tenures ranging from 4 to 24 months. The Investors in STPL and FTPL are veterans from the banking industry.All the Loans are processed thro its subsidiary NBFC Sampathi Credits Private Limited an NBFC .
A computer science engineer from IIT Bombay with 15 years of work experience in areas ranging from high-performance computing, Linux kernel, computer networking and mathematical modelling. He has designed and implemented many technology solutions for NBFCs and Banks in the field of customer acquisition, credit assessment, loan management, fraud detection and field collections. The technology products co-designed and developed by him are being used in various NBFCs and banks in India.
A Software Architecture with 14 Years of strong domain experience in the Corporate Sector. Has in Apple (US), Capital One Bank (USA), and TitleMax (US)
Business Leader and trusted adviser with a proven track of delivering strong growth and profitability, nurturing and growing talent. A career spanning over 37 years with Fortune 100 companies, including Philips, GE and Unilever.
An alumnus of IIM Ahmedabad and a reputed banker with 30+ years of leadership experience. Has deep insights into Micro Finance Industry in India from having built leadership position in Micro Finance and Small ticket lending solutions targeted towards the economically weaker sections of the society.
A cyber security and privacy researcher with two decades of experience in the corporate sector. Has in AT&T, Intel and NetApp across multiple domains such as Telecom protocols, Network engineering, Device drivers for Graphics Chips, Linux device drivers for filesystems and Storage management products. He is a public interest technologist and has written extensively about cyber security issues in several publications including Medianama, Bloomberg Quint, The Quint, The Ken, The Business standard, Hindustan Times, Times of India, The Wire and Asia Times.
A professional with 21+ years of diverse experience as a founder, Strategic Advisor and finance professional. Has held senior leadership positions with NBFCs and Banks and founded couple of Healthcare start-ups.
Healthcare Business Leader with track record of creating businesses, products and ideas delivering on growth and profitability. Also experienced in M&A, Fund raising and creating partnerships (JVs). A career spanning around 25 years HCG, GE, HDFC and PwC.
ஒரே நாளிலேயே ₹5,oo,ooo loan process பண்ணி குடுத்தாங்க. எப்போ call பண்ணாலும் நல்ல response பண்ணுவாங்க...
Online ல loan எடுக்க பயந்துட்டு இருந்தேன். ஆனா இவங்க கடைக்கே வந்து என் கண் முன்னாடியே loan process பண்ணி தந்தாங்க. Friendloan ல loan வாங்கினது ரொம்ப safe ஆ feel பண்ணேன்...
நான் அதிக வட்டிக்கு வாங்கிட்டு இருந்தேன், ஆனா Friendloan கிட்ட வட்டி நியாயமா இருக்கு...
Daily EMI amount account ல இருந்து debit ஆன ஒடனே phoneக்கு direct message வந்துடும்...
எனக்கு ரெண்டு நாள் உடம்பு சரியில்லாம போச்சு, கடை திறக்க முடியல, என்னுடைய நிலமைய புரிஞ்சிக்கிட்டாங்க. அந்த தவணைய நான் எந்த வட்டியும் இல்லாம கடை திறந்தவுடன் கட்டினேன்..
எந்த doubt இருந்தாலும் agentக்கு call பண்ணா நேர்லயே வந்து clear பண்ணிடுவாங்க...
எந்த extra chargesum இல்லாம சரியான தவணை மட்டும்தான் account ல இருந்து debit ஆகுது...
Loan தேவபட்டுச்சு Friendloan-ல இருந்து எங்க கடைக்கே வந்து friendly-ஆ loan process பண்ணி குடுத்தாங்க...
எந்த ஒரு document verification னும் இல்லாம Friendloan app வழியாக phoneலயே easy ஆ பண்ணி குடுத்துட்டாங்க...
ஒரு மணி நேரத்திலேயே எனக்கு loan approval கிடைத்ததால், என்னோட கடைக்கு சரியான நேரத்தில பொருட்களை வாங்க ரொம்ப useful-ஆ இருந்துச்சு...
