MoneyTap
India’s first credit line application.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
$7.1m | Series B | ||
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 55 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
MoneyTap operates in the financial technology sector, providing a unique credit line app that offers quick and flexible personal loans without the need for collateral. The app is designed to serve individuals who need immediate access to funds for emergencies or other personal needs. Users can borrow amounts as low as 3,000 INR and repay in easy monthly installments (EMIs). The application process is straightforward, with instant eligibility checks and secure passcode verification for added security. The credit limit is recharged as users repay their borrowed amounts, allowing for multiple withdrawals. MoneyTap primarily targets individuals in need of quick financial assistance, offering a seamless and user-friendly experience. The company generates revenue through interest on the borrowed amounts and fees associated with the credit line.
Keywords: credit line, personal loans, fintech, instant eligibility, collateral-free, EMIs, secure app, user-friendly, financial assistance, quick funds.