iLoan

Finance at Your Fingertips

General Information
Industries
Financial Services, Fintech
Funding Stage
Pre Seed
Product Stage
-
Business Model
-
Company Overview
Founded
2017
Employees
5
Location
, Sri Lanka
Website
iLoan - Company Details

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.