Rupaiya Exchange

lendingp2p lending

FOUNDING YEAR: 2015
LOCATION: India
Last Update: 01/05/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

RupaiaExchange is a alternative lending platform which uses alternate scoring methodology to assess credit worthiness of the borrowers. In turn it connects the qualified borrowers with the lenders for funding.

MEDICI Analysis

RupaiaExchange is a Rosh Capital Advisory initiative, is a marketplace for connecting lenders and borrowers – established to benefit both the lenders and borrowers. All the lenders are required to complete their diligence before investing in borrowers.

Focus

PRODUCTS & SERVICES

Online platform for peer to peer lending - Payday loans and Long-term loan. It reduces the requirements for loan applications. Provides a secure, convenient and affordable alternative for people untouched by financial inclusion because of lack of supporting documents.

REVENUE MODEL

Success fees from Borrowers on funding

PRIMARY PROBLEM SOLVED

1. Accessibility of credit 2. Speed of processing 3. Alternate asset class for lenders

COMMENT

Lenders- Lenders will be risk free with the help of 'Lenders Protection Fund' which protects their principal amount. Borrowers- Credit ratings are given based on alternate scoring mechanism.

company provided insights

Traction

REVENUE

$0 - $99k

NUMBER OF TRANSACTIONS:

400.00

TRANSACTIONS VALUE:

2.06 M

ACTIVE USERS:

8000

People

FOUNDERS

Rohan Hazrati

NUMBER OF EMPLOYEES

1-10

Momentum

FUNDED

YES

TOTAL FUNDING

$200 K

DATE OF LAST FUNDING

Dec 2016

SEED & PRIOR FUNDING

$200 K

LISTED

NO

BASICS

FOUNDING YEAR:

2015

LOCATION:

India

Views:

40 VISITORS | 64 VIEWS
LATEST FUNDING ROUND

$200 K

TOTAL EMPLOYEES
1-10

About

RupaiaExchange is a alternative lending platform which uses alternate scoring methodology to assess credit worthiness of the borrowers. In turn it connects the qualified borrowers with the lenders for funding.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

RupaiaExchange is a Rosh Capital Advisory initiative, is a marketplace for connecting lenders and borrowers – established to benefit both the lenders and borrowers. All the lenders are required to complete their diligence before investing in borrowers.

Focus+
Momentum+
Traction+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack

Rupaiya Exchange

About

RupaiaExchange is a alternative lending platform which uses alternate scoring methodology to assess credit worthiness of the borrowers. In turn it connects the qualified borrowers with the lenders for funding.

Focus

PRODUCTS & SERVICES

Online platform for peer to peer lending - Short term and Long-term loan. It reduces the requirements for loan applications. Provides a secure, convenient and affordable alternative for people untouched by financial inclusion because of lack of supporting documents.

REVENUE MODEL

Success fees from Borrowers on funding

TOP PROBLEM SOLVED

1. Accessibility of credit 2. Speed of processing 3. Alternate asset class for lenders

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

KEY DIFFERENTIATORS

Innovative products May firsts in India in the P2P lending space

PRIMARY CUSTOMER TYPE

Small And Medium Business - Other

Consumer

People

FOUNDERS

Rohan Hazrati

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO, FOUNDER: Rohan Hazrati

CTO: Anjul Garg

COO: Rohan Hazrati

Momentum

FUNDED

NO

TOTAL FUNDING:

$200 K

LISTED

NO

FUNDING SERIES
Seed Nov 2016 --- USD200 K at a USD3.6 Mvaluation Comment on Seed Angel round from acquaintances and professional network