{"id":2091,"date":"2020-06-04T16:09:29","date_gmt":"2020-06-04T10:39:29","guid":{"rendered":"https:\/\/www.propstack.com\/news\/?p=2091"},"modified":"2020-06-04T17:32:45","modified_gmt":"2020-06-04T12:02:45","slug":"fintech-lenders-have-active-sanctions-of-inr-5300-crs","status":"publish","type":"post","link":"https:\/\/www.propstack.com\/news\/fintech-lenders-have-active-sanctions-of-inr-5300-crs\/","title":{"rendered":"Fintech lenders have active sanctions of ~INR 5,300 crs from banks\/lenders"},"content":{"rendered":"<p>Lending fintech NBFCs have grown aggressively in the last two years as they have gone after markets which were traditionally unbanked\u00a0and were able to\u00a0raise\u00a0a combination of equity and debt funding.<\/p>\n<p style=\"font-weight: 400;\">We analysed borrowings of leading Fintech players in the country basis the charge filing data available on MCA which we collate in our product\u00a0<a href=\"http:\/\/loanfeeds.com\/\" target=\"_blank\">Loanfeeds<\/a>.<\/p>\n<p style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2094\" src=\"https:\/\/propstack.onalpha.co\/wp-content\/uploads\/2020\/06\/LinkedIn-Post-Cover.png\" alt=\"LinkedIn Post Cover\" width=\"700\" height=\"400\" srcset=\"https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2020\/06\/LinkedIn-Post-Cover.png 700w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2020\/06\/LinkedIn-Post-Cover-300x171.png 300w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2020\/06\/LinkedIn-Post-Cover-660x377.png 660w\" sizes=\"auto, (max-width: 700px) 100vw, 700px\" \/><\/p>\n<p style=\"font-weight: 400;\">In the period Q1 2018-Q1 2020 (last 9 quarters), fintech lenders have active sanctions of\u00a0<strong>INR 5,300 crs<\/strong>\u00a0(outstanding amount could be lower). Top Borrowers are Lendingkart, Capital Float, Aye Finance, Neogrowth and Ofbusiness as they contribute to 88% of the sanctions.<\/p>\n<p style=\"font-weight: 400;\">An analysis of top lenders to these fintech players show that\u00a0IDFC Bank,\u00a0Northern Arc Capital\u00a0and\u00a0AU Small Finance\u00a0as top lenders contributing to ~30% of the total sanctions.<\/p>\n<p style=\"font-weight: 400;\">We also see a lot of international impact investors are also active in lending to fintech players. Some of these names are Blue Orchard Mircofinance Fund (Switzerland), Netherlands Development Finance Company (FMO), PROPARCO (France), Caspian Impact Investment (india).<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2092\" src=\"https:\/\/propstack.onalpha.co\/wp-content\/uploads\/2020\/06\/fintech-loans.jpg\" alt=\"Quarter wise charge filings of Fintech lenders\" width=\"940\" height=\"447\" srcset=\"https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2020\/06\/fintech-loans.jpg 940w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2020\/06\/fintech-loans-300x143.jpg 300w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2020\/06\/fintech-loans-768x365.jpg 768w, https:\/\/www.propstack.com\/news\/wp-content\/uploads\/2020\/06\/fintech-loans-660x314.jpg 660w\" sizes=\"auto, (max-width: 940px) 100vw, 940px\" \/><\/p>\n<p>For details of each of these loans, you can visit <a href=\"http:\/\/loanfeeds.com\" target=\"_blank\">Loanfeeds<\/a>&#8211; a platform which makes discovery of secured corporate lending easy!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lending fintech NBFCs have grown aggressively in the last two years as they have gone after markets which were traditionally unbanked\u00a0and were able to\u00a0raise\u00a0a combination of equity and debt funding. We analysed borrowings of leading Fintech players in the country basis the charge filing data available on MCA which we collate in our product\u00a0Loanfeeds. In\u2026 <span class=\"read-more\"><a href=\"https:\/\/www.propstack.com\/news\/fintech-lenders-have-active-sanctions-of-inr-5300-crs\/\">Read More &raquo;<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[351,347,346,344,253,177,345,343,348,350,349],"class_list":["post-2091","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-au-small-finance","tag-aye-finance","tag-capitalfloat","tag-charge-filings","tag-idfc-bank","tag-insights","tag-lendingkart","tag-loanfeeds","tag-neogrowth","tag-northern-arc-capital","tag-ofbusiness"],"_links":{"self":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/2091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/comments?post=2091"}],"version-history":[{"count":5,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/2091\/revisions"}],"predecessor-version":[{"id":2098,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/posts\/2091\/revisions\/2098"}],"wp:attachment":[{"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/media?parent=2091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/categories?post=2091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.propstack.com\/news\/wp-json\/wp\/v2\/tags?post=2091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}