• Stashfin is planning to restart its co-lending operations within the next quarter, following a halt due to regulatory uncertainty. This move is supported by the Reserve Bank of India's (RBI) co-lending directions released in August.
• The neo-banking company is also developing a UPI payment product leveraging its third-party application provider (TPAP) license, with user testing underway and a launch anticipated early next year. Additionally, Stashfin is exploring entry into secured loans, though details are still in early stages.
• Despite a recent dip in its consolidated loan book and net profit, Stashfin anticipates growth, projecting an increase of Rs 500-600 crore in its loan book by the end of FY26. The company aims for a return on managed assets of 5-6% by FY26.
• Stashfin is preparing for a potential Initial Public Offering (IPO) within the next 12 to 18 months and has begun preliminary discussions with investment bankers. The company is confident in achieving profitability and year-on-year bottomline growth in FY26.

Ajay Ramanathan

Gurugram-headquartered neo-banking company Stashfin, which is backed by Tencent and Fasanara Capital among others, is .........

Tencent-backed neobank Stashfin looks to scale up; IPO plans underway

Venture Capital

Finance

Gurugram-headquartered neo-banking company Stashfin, which is backed by Tencent&nbsp;and Fasanara Capital among others, is looking to scale up operations...

Stashfin

Tencent

Fasanara Capital

co-lending

VC_Desk_Story_Masthead

VC_Desk_Story_A_300x250

VC_Desk_Story_B_300x250

VC_Desk_Story_C_300x250

VC_Desk_Story_D_300x250

VC_Desk_Story_E_300x250

VC_Desk_Story_A_Skyscraper

VC_Desk_Story_B_Skyscraper

VC_Desk_Story_Inline_A_300x250

VC_Desk_Story_Inline_B_300x250

VC_Desk_Story_Inline_C_300x250

VC_Desk_Story_Inline_D_300x250

VC_Desk_Story_Inline_E_300x250

VC_Desk_Story_Footer

A few days ago, the Securities and Exchange Board of India faced an odd case. The capital markets regulator had ......

How a grocery store owner became the front for an illegal advisory

Japan's Nomura Holdings is on the lookout for private debt asset management acquisitions as it expands its ......

Nomura seeking private debt acquisitions in alternatives push

Private equity and venture capital activity bounced back to normal levels in the five-day period ended December 12, ......

Deals Digest: PE/VC activity rebounds on big-ticket infra, green bets

India's pension funds have asked the regulator to introduce a new category for debt investments that will allow them......

India's pension funds seek new debt investment category

Kedaara Capital and ChrysCapital, two of India’s largest homegrown private equity firms, have both invested in a ......

Kedaara, ChrysCap's public market funds make common BFSI bet

The colour of money floating in the Indian alternative investment asset class has taken a distinct desi shade, ......

Two-thirds of money ‘raised' by Indian AIFs came from domestic investors

Asian investors are piling into Gulf bonds and loans this year, reflecting both deepening trade and finance ties with ......

Tencent-backed neobank Stashfin looks to scale up; IPO plans underway

This is a Premium article. Please subscribe or log in to read the full story!

Related Articles

Finance

How a grocery store owner became the front for an illegal advisory

Finance

Nomura seeking private debt acquisitions in alternatives push

Finance

Deals Digest: PE/VC activity rebounds on big-ticket infra, green bets

Finance

India's pension funds seek new debt investment category

Finance

Kedaara, ChrysCap's public market funds make common BFSI bet

Finance

Two-thirds of money ‘raised' by Indian AIFs came from domestic investors

Finance

Asian investors flock to Gulf debt in hunt for yield and growth

Google News