Moneyview begins taking bids on September 24 for an IPO worth ₹1,092 crore (about $124M), the highest-profile Indian fintech listing of the quarter.
The Bengaluru lender’s issue combines a fresh sale of 22.06 crore shares worth ₹750 crore with an offer for sale of 10.05 crore shares worth ₹341.68 crore. The price band sits at ₹32 to ₹34 a share, bidding closes on September 28, allotment is expected on September 29 and trading should start on October 1 across the NSE and BSE. Axis Capital is the book-running lead manager.
Backers include Tiger Global, Accel, Winter Capital and Evolvence. Founded in 2014, Moneyview runs a two-sided network that links borrowers to 48 banks, non-bank lenders and insurers, and reported 140.28 million registered users as of June 30. Revenue grew 43% in the year to March, though profit barely moved.
Those numbers frame the debate. Digital lending in India has scaled quickly on co-lending partnerships and AI-driven credit scoring, but regulators have spent two years tightening how such books are built and funded.
Moneyview has leaned into the operating model rather than the balance sheet, with more than half its workforce in technology and data roles. Investors will decide whether that mix deserves a premium as public appetite for consumer credit platforms stays selective.
