Bengaluru-based fintech unicorn Moneyview filed its Draft Red Herring Prospectus (DRHP) with SEBI, revealing that it had reached a net profit of ₹209.7 crore (rounded to ₹210 crore in several reports) for the first nine months of FY26.
This performance is particularly significant as the company’s nine-month revenue of ₹2,373 crore has already effectively matched its entire revenue for the previous full financial year (FY25).
Financial Highlights (9M FY26)
The company’s growth is driven by its flagship digital personal loan product and a rapidly expanding user base.
| Metric | 9M FY26 (Apr–Dec 2025) | Full Year FY25 |
| Revenue | ₹2,373.3 Crore | ₹2,339.1 Crore |
| Net Profit | ₹209.7 Crore | ₹240.3 Crore |
| Managed AUM | ₹19,814 Crore | ₹16,700 Crore |
| Loan Disbursals | ₹16,299 Crore | ~₹13,500 Crore |
- Operating Efficiency: Moneyview’s operating expenses as a percentage of total income dropped to 35.19% in 9M FY26, down from 62.84% in FY23, demonstrating strong operating leverage.
- Asset Quality: The company managed to reduce its annualized bad loans to 6.9%, significantly lower than the industry average of 9.35%.
The ₹3,000 Crore IPO Plan
The DRHP filing marks the beginning of Moneyview’s journey to the public markets, with the issue expected to be one of the largest fintech IPOs of the year.
- Total Issue Size: Estimated at ₹3,000 crore.
- Fresh Issue: ₹1,500 crore (to be used for growth and capitalising its NBFC subsidiary, Whizdm Finance).
- Offer for Sale (OFS): 13.6 crore shares to be sold by existing investors, including Accel, Tiger Global, and Ribbit Capital.
- Valuation: The company was last valued at $1.2 billion in late 2024, but the IPO is expected to target a significantly higher market cap given the recent profitability surge.
Strategic Expansion
Moneyview is transitioning from a pure-play lender to a “full-stack” financial services platform:
- Product Diversification: Beyond personal loans, it now offers home loans, loans against property, credit cards, and digital gold.
- User Base: The platform has reached 125 million users, with nearly 79% originating from Tier-2 cities and beyond.
- UPI Growth: In January 2026, Moneyview processed roughly 2.6 million UPI transactions, settling value worth ₹145 crore.
