 | |
| Company type | Private |
|---|---|
| Industry |
|
| Founded | 2014 |
| Founder |
|
| Headquarters | Bangalore, Karnataka, India |
| Website | moneyview |
Moneyview is an Indian fintech company, operated by Whizdm Innovations Pvt. Ltd., based in Bangalore. [1] Moneyview operates in digital lending and financial services. [2] Moneyview provides products like personal loans, a personal finance manager, credit score tracking, [3] and digital gold. [4]
Moneyview was founded in 2014 by Puneet Agarwal and Sanjay Aggarwal with the aim of simplifying finances [2] and providing financial inclusion to all Indians. The company initially started by providing a financial management app for Android.
In November 2016, Moneyview shifted its primary focus to digital lending. [5] Moneyview is a founding member [6] of the Digital Lending Association of India (DLAI). [7] The DLAI comprises over 80 digital lending players; including Cred, Paytm, Experian, and RBL Bank; and represents around 85% of the transaction volume of the digital credit industry in India.
In September 2023, Moneyview received ISO 27001:2022 certification, [8] an international standard for management and protection of the confidentiality, integrity and availability of information handled by the company.
In October 2024, Moneyview partnered with CaratLane to create a digital platform for gold investment. [4]
As of December 2022, Moneyview had an annualized disbursal run-rate of $1.2 billion, with over $800 million in assets under management.
Moneyview's digital lending works on a revenue-sharing arrangement with its lending partners, where the company bears the cost of acquiring and servicing customers, and the lender provides the capital. [9] [10]
Moneyview has partnered with 15 financial institutions [11] to offer credit and financial products. These include DMI Finance, [12] Aditya Birla Capital, [13] IDFC First Bank, [14] [15] Whizdm Finance, [16] Clix Capital, [17] [18] Piramal Finance, [19] and others.
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