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Quikkloan is a Credit scoring analytics-based digital loan marketplace facilitating personal loan through partnered Banks & NBFCs.
Basic Information
Noida, Uttar Pradesh based Quikkloan is a credit scoring analytics-based digital loan marketplace facilitating consumer and business loans through their partnered Banks and NBFCs. Quikkloan is solving the problem faced by first time borrow who faces difficulty to gain access to loan due to lack of prior credit history. They are developing a credit scoring model to assess the creditworthiness of first time borrow using various data points. Their platform enables customers to search the product, compare quotes and select offers from various lending institutions and apply online. The Company simplified the process of submitting documents online for quick approval and disbursal through a fully automated process. Their proprietary credit scoring model connects the customer with only those lenders who would like to extend the loan to avoid later stage loan application rejection. Quikkloan leverages a proprietary technology platform that uses big data, machine learning algorithms, accounting data, online sales, shipping data, aggregation and electronic payment technology to analyse the creditworthiness of no credit or low credit profile customers to identify and apply loans within minutes.
Legal Name
:
Finnovate Technology Solutions Private Limited
Headquarters
:
Noida, Uttar Pradesh, India
Business Model
:
B2C  
Founding Date
:
2016
No. of Employees
:
<10
Core Team
:
1.  
Saurabh Charria
Co-Founder
2.  
Jamil Akhtar
Co-Founder & CEO
Timeline

2016

Company Incorporation

Sep | Company Incorporation

Incorporated company.

2017

Accelerator / Incubator Program

Mar | Accelerator / Incubator Program

Cohort of Startupbootcamp Mumbai Fintech Acceleration Program 2017.

2019

Raised Funding

Aug | Raised Funding

Raised seed funding from angel investors.

2020

Founding Team Hired

Jan | Founding Team Hired

Software Engineering team

Product Launch

Dec | Product Launch

Mobile App Launched.

Target Market
B2C
Salaried Professionals.
User Age
:
18 to 25,  26 to 34,  35 to 45  
User Income
:
Lower-middle Income,  Upper-middle Income  
Location
:
B2B
Micro msme
Client Segment
:
FinTech  
Target Companies
:
Small Enterprise  
Target Geography
:
Funding

Total Funding

$90.0k

Investors
:
1.  
Arun Diaz
2.  
Aasif Ahsan Khan
3.  
Startupbootcamp FinTech
Detail Round Breakdown
Round 1
Round 2
Series Name
:
SEED
Date
:
2017
Investors
:
1.  
Startupbootcamp FinTech
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