Trillionloans is an online marketplace that offers gold loans to consumers.
Industry
Sector :
Subsector :
Keywords :
Also Known As
Trillion Loans Fintech
Company Type
For Profit
Last funding type
Corporate Round
IPO status
Private
Description
Founded in 2018 and based in Mumbai, India, Trillionloans is a non-banking financial company that provides a platform for users to register, complete digital KYC verification, and apply for gold loans. Once approved, the loan amount is disbursed to the user's bank account after the gold is collected from their doorstep. The company aims to help individuals who have difficulty accessing loans through traditional methods. In March 2023, BharatPe acquired a majority stake in Trillionloans for $36.28M, further strengthening its position as a non-banking financial institution specializing in secured gold loans.