About Neofin
Neofin is a Financial Services company based in Kyiv (Ukraine) founded in 2016. No-code lending automation platform is offered to financial institutions. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Neofin has raised $6.03 million across 1 funding round from investors including Quona, Canaan and Upload Ventures. Its Indian entity Neo Elegance Private Limited reported revenue of ₹29.06 Cr. Neofin offers products and services including Loan Origination Software, BNPL Software, and Underwriting Studio. Its focus areas include Technology, Financial Technology and Lending Solutions.
Company details
Neofin is established as a provider of enterprise-grade lending infrastructure tailored for financial groups, digital lenders, and fintechs. Solutions are offered to scale loan products across various geographies and markets seamlessly. Services include no-code software for loan origination, Buy Now Pay Later (BNPL), merchant cash advances, microfinance, and small business lending. The platform is designed to support high-load operations with pre-built components for rapid deployment. Security standards are maintained with ISO27001 and SOC2 certifications, ensuring robust protection. Operations are conducted in 13 countries across 3 continents, catering to diverse financial sectors like credit unions and community banks.
- Headquarters Kyiv, Ukraine
- SectorsFinancial Services
- Email••••••••
- Website neo-fin.com
- Social LinkedIn X Facebook YouTube
- Legal Name Neofin Global Inc
- Date of Incorporation 20 Apr, 2011
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹29.06 Cr
FY 2025 · -16% YoY
- Indian entity net loss-₹31.6 Lakh
FY 2025 · -1% margin
- Indian entity EBITDA₹2.37 Cr
FY 2025 · 8% margin
- Total Equity Funding$6.03M (USD)
in 1 rounds
- Latest Funding Round$6.03M (USD), Seed
Feb 2025
- InvestorsQuona
& 9 more
Associated legal entities of Neofin
Neofin operates through Neo Elegance Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neo Elegance Private Limited CIN U74999MH2011PTC216444 | Active | 20 Apr 2011 | Mumbai, Maharashtra | ₹29.1 Cr | 3 | View details |
Products & Services of Neofin
Neofin offers a comprehensive portfolio of products and services, including Loan Origination Software, BNPL Software, and Underwriting Studio.
Software for automating loan origination processes efficiently.
Solution for creating Buy Now Pay Later products.
Tool for designing and managing underwriting processes effectively.
Apps and channels of Neofin
its YouTube channel NeoFin Official has 41 subscribers and 14 videos.
Videos from Neofin
The most watched videos on Neofin's YouTube channel, NeoFin Official (41 subscribers). Click a video to play it here.
More on NeoFin Official.
Funding Insights of Neofin
Neofin has successfully raised a total of $6.03M through 1 strategic funding round. The most recent funding activity was a Seed round of $6.03 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $6.03M
- Total Rounds 1
- Last Round Seed — $6.03M
- First Round $6.03M
(Feb 2025)
- Investors Count 10
All 1 funding rounds of Neofin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
10 investors in total: 8 institutional and 2 angel.
Investors in Neofin
Neofin has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Quona, Canaan and Upload Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fintech investments focused on financial inclusion and global economic growth. | 2015 | quona.com | ||
Technology companies in Latin America are supported through investments. | upload.ventures | Sao Paulo, Brazil | ||
Agtech, food tech, SaaS, and blockchain are targeted by 17Sigma. | 17sigma.com | Buenos Aires, Argentina | ||
| 1616ventures.com | ||||
Venture capital is provided to early-stage B2B software firms. | farout.vc | |||
Venture capital investments are made in impactful tech companies. | bff.vc | |||
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
CC Cesar Carvalho | Angel investor and entrepreneur, co-founder of Gympass, active in tech startups | unknown_2cafee90c6774b9bb | ||
PS Patrick Sigrist | Angel investor, co-founder of Build Ventures, focused on Indian startups | unknown_07e2d9947a054450b | ||
| norteinvest.com.br |
Investor details for Neofin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Neo Elegance Private Limited (Neofin)
Neo Elegance Private Limited is the primary company behind Neofin. The board of Neo Elegance Private Limited currently have 3 directors; the longest-serving is Paras Nahata, appointed in 2011.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paras Nahata DIN 00356824 | Managing Director | 20 Apr 2011 | 15 yrs 6 mo | Neo Elegance Private Limited |
| Noratan Tejkaran Nahata DIN 00362003 | Director | 20 Apr 2011 | 15 yrs 6 mo | Neo Elegance Private Limited |
| Prince Paras Nahata DIN 07280623 | Director | 12 Aug 2015 | 11 yrs 2 mo | Neo Elegance Private Limited |
Financials of Neofin
Figures of Neo Elegance Private Limited, the primary company behind Neofin, for FY 2025. Revenue was ₹29.06 Cr (-16% year on year). Net loss was -₹31.6 Lakh (-1% margin). EBITDA was ₹2.37 Cr (8% margin). Revenue has grown at a compounded annual rate of +9% over three years and +4% over five years.
- ₹29.06 CrRevenue · FY 2025 · -16% YoY
- -₹31.6 LakhNet loss · -1% margin
- ₹2.37 CrEBITDA · 8% margin
- ₹1.05 CrPaid-up capital
- +9%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neo Elegance Private Limited are on its company page.
Detailed financial statements for Neofin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Neofin
2 dated milestones of Neofin across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Neofin is founded.
- Funding First funding round of $6.0M.
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Frequently Asked Questions about Neofin
Neofin was founded in 2016 and raised its 1st funding round 9 years after it was founded.
Neofin is headquartered in Kyiv, Ukraine.
Neofin is a funded company, having raised a total of $6.03M across 1 funding round to date. The company's 1st funding round was a Seed of $6.03M, raised on Feb 2025.
The primary company behind Neofin, Neo Elegance Private Limited, reported revenue of ₹29.06 Cr for FY 2025, down 16% year on year.
Neofin is established as a provider of enterprise-grade lending infrastructure tailored for financial groups, digital lenders, and fintechs. Solutions are offered to scale loan products across various geographies and markets seamlessly. Services include no-code software for loan origination, Buy Now Pay Later (BNPL), merchant cash advances, microfinance, and small business lending. The platform is designed to support high-load operations with pre-built components for rapid deployment. Security standards are maintained with ISO27001 and SOC2 certifications, ensuring robust protection. Operations are conducted in 13 countries across 3 continents, catering to diverse financial sectors like credit unions and community banks.
Neofin offers Loan Origination Software, BNPL Software, and Underwriting Studio.
Neofin has 10 investors. Key investors include Quona, Canaan, Upload Ventures, 17Sigma, and 1616 Ventures.
Neofin operates through Neo Elegance Private Limited.
The legal entities of Neofin currently have 3 directors, including Prince Paras Nahata, Paras Nahata, Noratan Tejkaran Nahata.