Loading organizations...
Niro offers a B2B2C fintech platform, enabling consumer internet companies to embed lending products directly. It facilitates personal loans with flexible tenures and competitive rates, broadening credit access for diverse users. This embedded finance strategy delivers white-labeled solutions within partners' digital ecosystems, enhancing financial service reach and efficiency. The platform's technical approach focuses on seamless integration, allowing partners to expand their financial offerings quickly.
Aditya Kumar and Sankalp Mathur co-founded Niro in 2021. Their insight was simplifying consumer lending by integrating financial services into popular online platforms. This bridged traditional finance with a vast digital audience via strategic partnerships. The founders leveraged technology for scalable credit disbursement, streamlining loan processes to enhance accessibility for millions. Their collective background contributed to developing a robust and accessible lending infrastructure.
Niro targets consumer internet companies enhancing user experience with integrated financial offerings, serving a large end-user demographic. Its vision focuses on fostering financial inclusion by making personal credit readily available within everyday digital interactions. Niro empowers individuals with convenient, accessible lending, aspiring to be a foundational component of digital consumer finance. The company envisions a future where financial flexibility is a seamless part of the online experience.
Niro has raised $27.0M across 4 funding rounds.
Niro has raised $27.0M in total across 4 funding rounds.
Niro is a Bengaluru‑based fintech company that builds embedded, personalized consumer credit products for internet platforms. It launched in 2021 and has raised venture capital to scale distribution via consumer apps and marketplaces[1][3].
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Sources: Company profile and funding/description from CB Insights and startup press profiles summarizing Niro’s embedded credit product focus and founding information[1][3].
Niro has raised $27.0M in total across 4 funding rounds.
Niro's investors include Elevar Equity, GMO Venture Partners, Marui Group, Mitsui Sumitomo Insurance Venture Capital, Rebright Partners, Suneight, ZNL Growth Fund, Ryu Muramatsu, InnoVen Capital, Venture Catalysts, YAN.
Niro has raised $27.0M across 4 funding rounds. Most recently, it raised $4.0M Series B in May 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 1, 2024 | $4M Series B | — | Elevar Equity, GMO Venture Partners, Marui Group, Mitsui Sumitomo Insurance Venture Capital, Rebright Partners, Suneight, ZNL Growth Fund | Announced |
| Apr 26, 2023 | $11M Debt Financing | — | Elevar Equity, RYU Muramatsu, InnoVen Capital, Mitsui Sumitomo Insurance Venture Capital, Rebright Partners, Venture Catalysts, YAN | Announced |
| Apr 1, 2023 | $9M Series A | — | Elevar Equity | Announced |
| Oct 1, 2021 | $3M Seed | — | Elevar Equity | Announced |