iLoan is a Financial Services and Fintech startup founded in 2017 and headquartered in Sri Lanka. The company's slogan is "Finance at Your Fingertips." iLoan focuses on providing much-needed "last mile" working capital for Micro-SMEs in frontier markets. Through its unique ecosystem, which includes anchor MNCs suppliers, local banks, distributors, and MSMEs, iLoan is committed to offering sustainable avenues of trade finance for the underbanked. Additionally, the startup provides API-connected credit risk, monitoring, and collection modules for financial institutions. One of its notable investments includes LKR2.00M from a Pre Seed Round investment at 01 August 2018, with John Keells X as the investor. This showcases the confidence that a prominent investor like John Keells X has in iLoan's innovative approach to addressing the financing needs of Micro-SMEs in developing economies.
iLoan
Finance at Your Fingertips
Sri Lanka
5 employees
Pre-Seed
Total: $2.00M
Financial Services, Fintech
General Information
Sri Lanka
BounceWatch is an independent company data service, not affiliated with iLoan. To contact iLoan, visit iloan.lk.
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Sri Lanka Market
Financial Services
About iLoan
Business keywords: Working Capital, Micro-SMEs, Frontier Markets, Trade Finance, API Connectivity, Credit Risk, MSME Participation, Financial Institutions, Credit Profiling, Liquidity, Small and Medium Business, Leasing
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Pre Seed Round | LKR2.00M | 1 |
|
01 Aug 2018 |
iLoan Alternatives & Competitors
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FAQ About iLoan
Source: BounceWatch company record for iLoan, https://bouncewatch.com/company/iloan, updated 10 October 2024. When citing, please name BounceWatch and link this page.
