FlexiLoans is a lending platform for SMEs to access quick, flexible, and adequate funds to grow their businesses. Over 80% of loan proposals from SMEs currently are rejected by institutional channels on account of inadequate financial history or collaterals. With the fast and ubiquitous digital adoption in India and increased avenues to leverage data analytics, they are standing on the verge of banking transformation in this country which will help in efficiently catering to the large untapped and unserved demand. They wish to make the ‘social and alternative scoring’ of SMEs and individuals a big opportunity for the economy that will far out place the limited insights that financial bureau provide. They believe their technology-powered online marketplace is the best model to meet the financial requirements of SME’s who do not have credit history and hence cannot avail loans from traditional banking channels. Founded in 2016, FlexiLoans has its headquarters in Mumbai, Maharashtra, India.
SaaS Adoption
SaaS Adoption indicates the level of adoption by this company of software as a service services.
Cloud Adoption
Cloud Adoption indicates the level of adoption by this company of cloud services.
IT Footprint
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IT Spend
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Enlyft tracks the use of over 15,000 technologies and has proprietary data on over 18 million companies worldwide.
FlexiLoans uses 5 different technologies from 42 different vendors. They have above average use of several technologies including Amazon AWS, Google Analytics and CleverTap.
FlexiLoans uses products from 42 different product categories. They are particularly heavy users of products in Software Frameworks, Business Intelligence, and eCommerce.
Enlyft tracks the use of over 15,000 technologies and has proprietary data on over 18 million companies worldwide.
| Technology | Category | Vendor | Usage |
|---|---|---|---|
| Microsoft power BI | Business Intelligence | Microsoft Corporation | ![]() |
| NestJS | Software Frameworks | NestJS | ![]() |
| AngularJS | Software Frameworks | Angular | ![]() |
| Node.js | Software Frameworks | Node.js Foundation | ![]() |
| MongoDB | Database Management System | MongoDB, Inc. | ![]() |
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