Moneyview secures SEBI approval for proposed IPO

By Milan Rojan

Indian FinTech unicorn Moneyview has secured approval from the Securities and Exchange Board of India (SEBI) to proceed with its proposed initial public offering (IPO), marking a significant milestone in the company’s growth as it continues to expand its digital lending business.

According to the company, the IPO will comprise a fresh issue of shares worth more than $175 million alongside an offer for sale (OFS) of 136.1 million shares by existing shareholders.

Founded in 2014, Moneyview has focused on providing AI-powered financial services to underserved and new-to-credit customers, particularly across Tier II and Tier III cities in India. Its product portfolio has expanded to include personal loans, credit score services, insurance and other digital financial solutions.

The company has said it currently serves more than 125 million users and works with over 40 financial institution partners to deliver its lending and financial products.

Moneyview has reported revenue of approximately $278 million for FY25, alongside a net profit of around $28 million. During the first nine months of FY26, the company has generated revenue of approximately $282 million and reported profit of about $29 million, reflecting continued business growth.

According to the company, proceeds from the fresh issue have been earmarked to support loan book expansion, with around $76 million allocated for lending growth and approximately $52 million planned as an investment in its subsidiary, Whizdm Finance.

The proposed listing has come as India’s FinTech sector continues to witness increasing public market activity, with digital lenders seeking capital to scale operations, strengthen lending capabilities and broaden financial inclusion initiatives. Moneyview’s planned IPO is expected to support its next phase of expansion while reinforcing its position in India’s rapidly evolving digital lending market.