Veefin Solutions Expands Digital Lending Ecosystem with 15+ Strategic Partnerships

1 min read     Updated on 18 Sept 2025, 09:11 AM
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Overview

Veefin Solutions has expanded its API Business Vertical through partnerships with over 15 fintechs and enterprises. Key collaborations include SimplyFI for AI-powered loan origination and management, Equence for enhanced fraud risk management and compliance, and WhatsLoan for pioneering RBI's Unified Lending Interface. These partnerships aim to transform digital lending, strengthen compliance frameworks, and simplify financial access for diverse borrowers. Veefin's growing network solidifies its leadership in delivering transformative solutions for the working capital industry.

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*this image is generated using AI for illustrative purposes only.

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.

Historical Stock Returns for Veefin Solutions

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Veefin Solutions Completes First Tranche Allotment of Rs 20.77 Crore Preferential Issue

2 min read     Updated on 15 Sept 2025, 09:07 PM
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Reviewed by
Jubin VScanX News Team
Overview

Veefin Solutions successfully completed the first tranche of its preferential allotment on December 15, 2025, raising Rs 20.77 crore by allotting 5,31,279 equity shares at Rs 391 per share to non-promoter investors. The allotment increased the company's paid-up share capital from Rs 24.39 crore to Rs 24.92 crore, with the remaining 7,68,578 shares scheduled for allotment within 15 days.

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*this image is generated using AI for illustrative purposes only.

Veefin Solutions Limited , a fintech company, has successfully completed the first tranche of its preferential allotment, raising Rs 20.77 crore through the issuance of equity shares. The company announced the allotment outcome following a board meeting held on December 15, 2025.

First Tranche Allotment Completed

The board of directors approved the allotment of 5,31,279 fully paid-up equity shares at Rs 391.00 per share to non-promoter investors. The allotment was executed after receiving necessary approvals from shareholders at the Extraordinary General Meeting held on October 13, 2025, and in-principle approval from BSE Limited on December 10, 2025.

Parameter: Details
Shares Allotted: 5,31,279 equity shares
Issue Price: Rs 391.00 per share
Premium: Rs 381.00 per share
Amount Raised: Rs 20.77 crore
Face Value: Rs 10.00 per share

Remaining Allotment Timeline

The company clarified that this represents the first tranche of the total approved preferential issue of 12,99,857 equity shares. The remaining 7,68,578 equity shares will be allotted within the stipulated timeline of 15 days from receipt of in-principle approval from BSE Limited.

Updated Share Capital Structure

Following the first tranche allotment, the company's issued, subscribed and paid-up equity share capital has increased significantly.

Share Capital Metric: Before Allotment After Allotment
Total Share Capital: Rs 24.39 crore Rs 24.92 crore
Number of Shares: 2,43,93,407 shares 2,49,24,686 shares
Face Value per Share: Rs 10.00 Rs 10.00

Investor Details

The first tranche allotment included participation from diverse non-promoter investors as outlined in the regulatory filing.

Investor Name: Shares Allotted
SR Global Fund L.P. - Class P (PAN-Asia Select Portfolio): 1,50,000 shares
Shri Bajrang Commodity: 64,102 shares
Bhadresh Doshi HUF: 25,641 shares
Vipul Rameshvora: 25,641 shares
Rajvee Urvish Vora: 5,282 shares

Regulatory Compliance

The allotment was conducted in accordance with SEBI regulations and the company has authorized key management personnel including Chairman & Managing Director Raja Debnath and Whole-time Director Gautam Vijay Udani to complete necessary formalities for dematerialization of the equity shares with NSDL, CDSL and RTA.

This successful completion of the first tranche demonstrates strong investor confidence in Veefin Solutions' growth prospects and provides the company with additional capital to pursue its strategic initiatives in the fintech sector.

Historical Stock Returns for Veefin Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.58%-5.07%+5.54%+9.81%-43.40%+301.24%
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