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 personal loans up to Rs.1,00,000 for tenures ranging from 3 to 12 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 Computer Science Engineer from IIT Madras. Her experience lies in algorithms, network security, high performance computing and distributed computing. She has designed and implemented many technology solutions related to NBFCs and Banks in the field of customer acquisition, credit assessment, loan management, fraud detection and field collections.
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.
Finance Expert with strong domain expertise – Risk Mgmt., CFO Services, Compliance Mgmt., B-Plan development, Capital Market advisory and Start-up mentoring. A career spanning over 21 years with leading business in India – Taiki Consulting, Vasan Dental, GE, ICICI Bank and Tata Finance.
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.
I got Loan of Amount 10000 … Process was Very Fast… Within 1 day amount got credited into bank account… For Urgency its very helpful… It would be very helpful if they could give more time for repayment …maybe in terms of more emi…
This app is very helpful to everyone. It was genuine app. In my medical emergency this app was help me a lot at correct time. I referred my friends and everyone . thanks to Friendloan team and Technical supporters. This app is really help to like a friend.
I am a repetitive customer of the app.. It’s very useful for my emergency situation…It’s very helpful and the customer service is really amazing.. Kindly use this app it will help for you.. Thanks a lot
Wow it’s amazing app for getting Loan in my account. After tried lots of online loan app, it’s only possible to get loan. Actually I have applied yesterday and today I got credited in my bank account. Its really helpful for my finance needed. Thank you so much 10minute Loan App.
It’s a fantastic app for an emergency need of funds and timely support. The officer by the name Dinesh’s response and commitment was amazing.
Brilliant Service. Fast and Very user friendly process. Money transfer only took 2hrs. Customer service agent even called to confirm that money has been transferred. Totally satisfied.
I loved the app. Very fast disbursal of amount and the loan got approved within 10 minutes.. Thank you so much to friendly loan team. If anyone want to apply for a quick. Loan can install this app and have the amount credited to your account..
This app system is very easy to loan process and fast approval and also fast in disb. process…… Urgent money required ????…plz apply on 10Minuteloan…and get instant money
Amazing app aur company. Sirf 4 hours main paise bank account main very good service and very fast . Isliye is app ko 5 star dena hi chahiye. Thank you 10 minute loan and our experts.
Thanks a lot for the amount 10500 has been credited in less then 24 hrs. I am so happy. Those who are saying that app is not good or fake i suggest them to improve their cibil score. If you trust them and fulfil all the document then I am very much sure every body got loan on time. Itz a wonderful app and very easy to use. Plz follow step by step. Itz a good app.
