50Fin funding, investors and company details

50Fin is an emerging Banking and Finance - FinTech startup from Bengaluru, working in the space of Loans Against Securities / Secured Digital Lending Infrastructure. Founded by Aditya Srinivas Prasad, Darpan Samir Tanna.

Company: Fifty Fintech Private Limited
Sector: Banking and Finance - FinTech
Location: Bengaluru
Founders: Aditya Srinivas Prasad, Darpan Samir Tanna
Total funding raised: ₹4.17 Cr

Company overview

50Fin is a fintech platform focused on digitizing and simplifying loans against securities (LAS), enabling individuals to access instant liquidity without selling their investments such as shares and mutual funds. The company’s core business revolves around providing quick, fully digital secured loans. Users can pledge their financial assets (like mutual funds or stocks) and receive loans within minutes through a seamless online process, eliminating the need for physical paperwork or traditional credit checks. A key aspect of 50Fin’s business is its technology-driven infrastructure. The platform offers a comprehensive suite that includes, Loan Origination Systems (LOS), Collateral Management Systems (CMS), Risk Management Systems (RMS). The company has also built strong partnerships with financial institutions and platforms, allowing it to scale distribution and reach a broader customer base. Its infrastructure powers a significant share of digital LAS transactions in India. Overall, 50Fin’s business is centered on unlocking liquidity from financial assets through a fast, digital, and scalable lending ecosystem, positioning itself as a key enabler in India’s secured lending and fintech space.

Funding rounds

Latest round: $ 0.50 Mn (₹4.17 Cr.), 2024-05-07. Investors: Nitin Gupta (Uni), Arali Ventures