Veefin Solutions
362.00
-5.80(-1.58%)
Market Cap₹902.24 Cr
PE Ratio56.41
Company Performance:
1D-1.58%
1M+5.54%
6M+9.81%
1Y-43.40%
5Y+301.24%
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More news about Veefin Solutions
17Nov 25
Veefin Solutions Reports 108% Revenue Growth, Expands Multi-Product Banking Platform
Veefin Solutions, a global software provider for banks and NBFCs, achieved 108% year-on-year revenue growth in H1 FY26. The growth was driven by its supply chain finance business, which generated 54% EBITDA margins, and expansion into multiple enterprise banking products. Veefin now offers six enterprise-grade banking products including trade finance, cash management, and loan management systems. The company's PSBXchange platform is targeting transaction approvals of Rs. 3,000-3,500 crores by fiscal year-end. Veefin has a qualified pipeline of $45 million across 85 deals in 24 countries, indicating strong global expansion.
14Nov 25
Veefin Solutions Reports Strong Half-Year Performance with Rs 11,004 Crore Revenue
Veefin Solutions reported consolidated revenue of Rs 11,003.91 crore and profit of Rs 820.72 crore for H1 FY2026. The company acquired a 36.56% stake in White Rivers Media Solutions for Rs 124.30 crore, secured Rs 60.00 crore in term loans, and converted share warrants worth Rs 112.35 crore. The Board approved a merger scheme for subsidiaries Estorifi Solutions and GlobeTF Solutions. Veefin has a presence in Dubai and Bangladesh, and its financial results were reviewed by ADV & Associates.
12Nov 25
Veefin Solutions Sets Earnings Call for H1 FY26 Results
Veefin Solutions Limited has scheduled an earnings conference call on November 14, 2025, at 2:00 PM IST to discuss its financial performance for the first half of fiscal year 2026. The call will feature key management members including the Managing Director, COO, and CFO. Participants can join via universal dial-in numbers or international toll-free numbers. The company has also provided a Diamond Pass link for direct connection and a separate link for viewing the earnings presentation. This follows a recent analyst meeting held in New York on November 10, 2025.
16Oct 25
Central Bank of India Pioneers First Digital Supply Chain Finance Transaction on PSB Xchange
Central Bank of India has successfully executed the first fully digital supply chain finance transaction on the PSB Xchange platform, developed in partnership with Veefin Solutions. The transaction, involving a dealer finance deal with a leading footwear company, was processed entirely without manual intervention. PSB Xchange is a unified multi-lender platform connecting public sector banks, private banks, NBFCs, and fintechs to streamline supply chain financing and small business loans. This milestone demonstrates the platform's capability to facilitate real-time credit flows across multiple institutions and marks a significant advancement in India's digital lending landscape.
15Oct 25
VEEFIN SOLUTIONS Strengthens Board with Appointment of Amit Jain as Independent Director
Veefin Solutions Limited (BSE: 543931) has appointed Mr. Amit Jain as an Additional Non-Executive Independent Director, effective October 15, 2025, for a term of 5 years subject to shareholder approval. Mr. Jain, a Chartered Accountant with over 30 years of finance management experience, including 20 years in the mutual fund industry, brings valuable expertise to the board. The appointment, recommended by the Nomination and Remuneration Committee and approved by the Board of Directors, aims to enhance corporate governance and support long-term growth strategies.
13Oct 25
Veefin Solutions Completes Preferential Allotment Worth ₹34.91 Crores
Veefin Solutions Limited successfully completed its preferential allotment on December 24, 2025, raising ₹34.91 crores through the issuance of 6,14,731 equity shares at ₹391 per share and 11,12,820 convertible warrants at ₹97.75 per warrant. The allotment increased the company's paid-up capital from ₹24.92 crores to ₹25.54 crores, with warrants convertible within 18 months.
01Oct 25
VeeFin Solutions Integrates CRIF's Business Rule Engine with No-Code Lending Technology
VeeFin Solutions has partnered with CRIF to integrate CRIF's Strategy One Business Rule Engine with VeeFin's Digital Lending Stack. The collaboration aims to streamline customer onboarding, enable policy-driven underwriting, and facilitate faster product launches for financial institutions. Additionally, VeeFin announced a corporate restructuring, merging its subsidiaries GlobeTF Solutions Limited and Estorifì Solutions Limited. The merger is expected to broaden the product portfolio, achieve synergies, and optimize resource utilization. As part of the amalgamation, VeeFin will issue new shares to the subsidiaries' shareholders, resulting in a change in the company's shareholding structure.
30Sept 25
Veefin Solutions Approves Revised Amalgamation Scheme with Two Subsidiaries After Correcting Share Swap Ratio Error
Veefin Solutions Limited has approved a revised scheme to merge its subsidiaries, GlobeTF Solutions and Estorifi Solutions, with the parent company. The merger, effective from April 1, 2026, involves a share exchange ratio of 2,731 VSL shares for every 10 GSL shares and 7,673 VSL shares for every 10 ESL shares. The scheme includes cancellation of 21 lakh equity shares held by promoters. Post-merger, promoter shareholding will increase to 39%, while public shareholding will decrease to 61%. The consolidation aims to enhance operational efficiency, reduce costs, and create a more integrated fintech offering.
26Sept 25
Catalyst Trusteeship Acquires 9% Stake in Veefin Solutions Through Share Pledge
Catalyst Trusteeship Limited, acting as a Debenture Trustee, has acquired a 9% stake (21,95,407 shares) in Veefin Solutions Limited through a pledge of equity shares. The transaction occurred on September 22-23, 2025. Veefin Solutions, listed on the BSE SME platform, has a total equity share capital of 24,393,407 shares. The company has also announced a trading window closure from October 1, 2025, until 48 hours after the release of its half-year financial results.
23Sept 25
Veefin Solutions Expands to Sri Lanka in Partnership with IWS Holdings
Veefin Solutions Limited has partnered with IWS Holdings to introduce its Working Capital Technology Platform in Sri Lanka's banking and financial services sector. The platform offers solutions for Supply Chain Finance, Trade Finance, Cash Management, and Digital Lending. With over 40% of Sri Lankan SMEs unserved by formal financial institutions, Veefin aims to address this credit gap. The company will showcase its solutions at the upcoming Sri Lanka Fintech Summit in Colombo. Early discussions with leading Sri Lankan banks have shown strong interest in Veefin's offerings. This partnership is part of Veefin's international expansion strategy, building on its success in Asia, Africa, and the Middle East.
18Sept 25
Veefin Solutions Expands Digital Lending Ecosystem with 15+ Strategic Partnerships
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.
15Sept 25
Veefin Solutions Completes First Tranche Allotment of Rs 20.77 Crore Preferential Issue
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.
04Sept 25
VeeFin Solutions Expands Fintech Footprint: Partners with Suryoday Small Finance Bank for SCF Lending Tools
VeeFin Solutions has formed a strategic partnership with Suryoday Small Finance Bank to implement Supply Chain Finance (SCF) lending tools. The collaboration involves deploying VeeFin's comprehensive SCF lending stack, including Loan Origination System, Loan Management System, and Reporting Tool, across Suryoday's operations. Suryoday Small Finance Bank, serving over 3.4 million customers across 15 states in India, has been recognized for its digital innovation. This partnership aims to streamline lending workflows and enhance analytics capabilities for Suryoday's SCF operations, while strengthening VeeFin's position as a preferred technology partner for NBFCs and lending institutions in India.
08Aug 25
Veefin Solutions Secures ₹8.43 Crore Capital Infusion Through Promoter Warrant Conversion
Veefin Solutions Limited has completed a capital infusion of ₹8.43 crore by converting warrants into equity shares. The company allotted 4,20,000 equity shares at ₹267.50 per share to promoters Mr. Raja Debnath and Mr. Gautam Udani. This move aims to support Veefin's global expansion and innovation initiatives. The promoters' stakes have increased slightly, with Mr. Debnath's shareholding rising to 30.68% and Mr. Udani's to 5.68%. The funds will be used for platform innovation, international market expansion, and strategic consolidation efforts.
05Aug 25
Veefin Solutions Approves Consolidation of Subsidiaries to Boost Supply Chain Finance Operations
Veefin Solutions plans to consolidate its subsidiaries, Estorifi Solutions Limited and GlobeTF Solutions Limited, into the parent company. The move, approved by the Board on August 5, 2025, aims to strengthen Veefin's position in supply chain finance. The consolidation is expected to integrate product offerings, expand market presence, create operational synergies, and enhance the company's competitive advantage. The process will involve preparing consolidation documents, obtaining valuations, and seeking regulatory approvals.
30Jul 25
Veefin Solutions Expands to Nigeria, Establishes African Operational Hub
Veefin Solutions Limited has set up a regional base in Nigeria as part of its international expansion strategy. This move aims to strengthen the company's presence in Africa and scale its technology solutions across the continent. Veefin plans to use Nigeria as an operational hub for Africa, focusing on business development and client engagement in key African markets. The company will leverage its BFSI sector expertise and partner ecosystem to drive growth, address emerging market demands for technology-driven financial services, and build digital lending infrastructure in Africa.
28Apr 25
Veefin Solutions Reports Impressive Q4 FY2023 Results with Substantial Revenue Growth
Veefin Solutions Limited announced impressive Q4 FY2023 financial results. Revenue surged 274% year-over-year to ₹595.00 crore, up from ₹159.00 crore. Consolidated net profit rose 55% to ₹99.00 crore from ₹64.00 crore. The Board of Directors approved audited financial statements for FY2025 on April 28, 2025, with statutory auditors issuing an unmodified opinion.
02Apr 25
Veefin Solutions Powers Major Indian Banks' Entry into World's Largest SCF Platform
Four prominent Indian public sector banks - Bank of Baroda, Central Bank of India, Indian Overseas Bank, and UCO Bank - have joined the PSBxchange platform, powered by Veefin Solutions. This platform aims to revolutionize MSME financing by connecting banks, NBFCs, Fintechs, and B2B marketplaces. The collaboration is expected to extend credit to a broader base of SMEs across India, potentially accelerating their growth and strengthening the lending process.
01Apr 25
VeeFin Solutions Powers Major PSB Alliance Initiative in Supply Chain Finance
Four major Indian public sector banks - Bank of Baroda, Central Bank of India, Indian Overseas Bank, and UCO Bank - have joined VeeFin Solutions Limited's Supply Chain Finance platform, PSBXchange. This platform aims to connect various financial stakeholders and improve MSME financing in India. The collaboration is expected to enhance financial inclusion for MSMEs and redefine the lending landscape in the country.
19Feb 25
Veefin Solutions Partners with UAE's Invest Bank to Revolutionize Supply Chain Finance
Veefin Solutions Limited has partnered with Invest Bank in the UAE to implement its Supply Chain Finance Loan Management System platform. This collaboration aims to fully digitize Invest Bank's SCF operations, replacing manual processes with a digital solution. The partnership promises faster financing, reduced paperwork, improved turnaround times, and enhanced user experience for businesses across the UAE. Both companies' leadership expressed enthusiasm about the potential impact on open account finance and working capital optimization.
Veefin Solutions
362.00
-5.80
(-1.58%)
1 Year Returns:-43.40%
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