Fintech firm WeRize eyes $200 mn annualised revenue run rate by 2025

It has been able to gather more than billion data points over the last 2.5 years of its customers, which helps the company to design better and customise financial products.

WeRize, India’s first socially distributed full-stack financial services platform for small cities, said it expects to achieve $200 million in annualised revenue run rate by 2025. The firm which has 500,000 customers aims to on-board 2 million customers in the next three years and grow its presence to over 4,000 small cities across the country.

The two-and-a-half-year-old platform which offers savings, lending and insurance products, said it aims to become the leading financial services company for small cities in India. The firm which is backed by marquee investors such as Kalaari, 3one4, Orios and Picus is already operationally profitable and