Techfino raises ₹65 crore to expand MSME lending in smaller cities

Techfino to use fresh funding from Stellaris and Saison Capital to scale secured loans, expand branches, and boost tech-led lending in underserved MSME markets

Techfino, a tech-enabled non-banking financial company, has raised ₹65 crore in a funding round led by Stellaris Venture Partners and Saison Capital, the venture investment arm of Tokyo-listed Credit Saison Co.

 

The Bengaluru-based lender said it will use the fresh capital to broaden its branch network, enhance its technology infrastructure and scale its secured lending operations. There is also a focus on micro, small and medium enterprises (MSMEs) in India’s underserved Tier II and III cities.

 

Founded with an emphasis on asset-backed lending, Techfino specialises in loans against property (LAP), operating primarily through a branch-led model. The company currently maintains