Veefin Solutions , a leading player in the digital lending and API infrastructure space, has announced a significant expansion of its API Business Vertical through partnerships with over 15 fintechs and enterprises. This move reinforces Veefin Group's vision of building the World's Largest Working Capital Technology Ecosystem.

Key Partnerships Driving Innovation

SimplyFI: Revolutionizing Loan Origination and Management

SimplyFI has integrated its AI-powered Loan Origination System (LOS) and Loan Management System (LMS) with Veefin's API infrastructure. This collaboration aims to transform digital lending for MSME, consumer, and loan-against-property segments.

Viswanadh Akella, Founder of SimplyFI, stated, "This partnership sets a new benchmark for digital lending infrastructure by marrying the precision of AI agents with the power of plug-and-play APIs."

Equence: Enhancing Fraud Risk Management and Compliance

Equence has partnered with Veefin to provide a unified API stack covering CPaaS, vendor analysis, and advanced fraud risk enablement. This collaboration strengthens compliance frameworks and mitigates fraud risks while accelerating customer engagement.

Pushpendra Kumar, Founder of Equence, emphasized, "The combined stack ensures enterprises are equipped with scalable, secure, and future-ready APIs for the digital-first economy."

WhatsLoan: Pioneering RBI's Unified Lending Interface

WhatsLoan has emerged as one of the first fintechs to leverage the Reserve Bank of India's Unified Lending Interface (ULI) and Digilocker for both consumer and entity KYC services. This partnership aims to simplify and accelerate financial access for farmers, businesses, and consumers.

Timmana Gouda D, Founder & CEO of WhatsLoan, commented, "Our partnership with Veefin Group's API vertical sets a new standard in simplifying and accelerating the financial journey for diverse borrowers."

Expanding the Digital Financial Ecosystem

Veefin's growing network of partnerships solidifies its leadership in delivering transformative solutions that are shaping the working capital industry. The company's API Business Vertical is rapidly becoming a cornerstone of the digital financial services ecosystem, offering financial institutions and enterprises the ability to innovate, scale, and maintain compliance in an increasingly complex digital landscape.

About Veefin Group

Veefin Group is on a mission to build the World's Largest Working Capital Ecosystem. The group offers solutions across supply chain finance, digital identity verification, debt securitization, and automated financial analysis. Veefin Solutions Ltd., the parent company, is listed on the BSE SME platform.

With this strategic expansion, Veefin Solutions continues to pave the way for innovation in digital lending and API infrastructure, setting new standards for the fintech industry.

Veefin Solutions Limited , a fintech company, has announced a significant capital raising initiative following a board meeting held on September 15, 2025. The company's board has approved multiple measures to strengthen its financial position and fuel growth.

Authorized Share Capital Increase

The board has given the green light to increase the company's authorized share capital from Rs. 25.00 crore to Rs. 30.00 crore. This will be achieved by creating an additional 50 lakh equity shares with a face value of Rs. 10 each. This move is subject to shareholder approval at an upcoming Extraordinary General Meeting (EGM).

Preferential Allotment of Equity Shares

In a strategic move to raise funds, Veefin Solutions has approved the issuance of 12,99,857 equity shares at Rs. 390.00 per share to non-promoter investors. This preferential allotment is expected to raise approximately Rs. 50.69 crore. The issue price represents a premium of Rs. 380.00 over the face value of Rs. 10 per share.

Convertible Warrants Issue

Additionally, the board has sanctioned the issuance of up to 11,12,820 convertible warrants at Rs. 390.00 each. This move is set to raise an additional Rs. 43.40 crore, bringing the total capital raise to approximately Rs. 94.09 crore. These warrants will be issued to both promoter and non-promoter shareholders.

Key Details of the Warrant Issue

• Conversion Period: The warrants are convertible into equity shares within 18 months from the date of allotment.
• Payment Structure: Warrant holders will pay Rs. 97.50 upfront per warrant, with the remaining Rs. 292.50 due upon conversion.
• Promoter Participation: Promoters Raja Debnath and Gautam Udani will subscribe to 3,58,974 and 1,53,846 warrants respectively, totaling Rs. 19.99 crore.

Diverse Investor Base

The preferential allotment has attracted a diverse group of investors, including both individuals and institutional entities. Notable non-promoter participants include:

| Investor | Allocation | |:------------------------------------------------|:--------------------------|| | SR Global Fund L.P. - Class P (PAN-Asia Select Portfolio) | 1,50,000 equity shares | | Piyush Prafulchandra Avlani | 1,53,846 equity shares | | Tushar G Agrawal and Priti Ashit Mehta | 3,00,000 convertible warrants each |

Regulatory Compliance

The proposed issues will be conducted in accordance with SEBI regulations and are subject to necessary regulatory and shareholder approvals. The company has stated that all relevant disclosures will be made to the stock exchange as required by SEBI guidelines.

This capital raising initiative is expected to provide Veefin Solutions with the financial resources to pursue its growth strategies and strengthen its market position in the fintech sector.