Partnership Overview

Finnable Credit Private Limited has partnered with Flipkart Finance Private Limited to become a co‑lending partner for the Flipkart Pay Later ecosystem. The collaboration extends instant checkout financing to shoppers on Flipkart, Myntra and Flipkart Minutes, explicitly targeting new‑to‑credit and thin‑file customers across India.

Credit Offering Details

The joint programme allows eligible consumers to access credit of up to Rs 1 lakh. Borrowers can choose from three repayment structures: a short‑term loan repayable within 30 days, a Pay‑in‑3 option that splits the purchase into three equal installments, and traditional EMI plans ranging from 3 to 12 months for higher‑value items such as mobiles, electronics and appliances. The entire application, approval and disbursement process occurs within the respective shopping apps, with eligibility decisions delivered in seconds.

Executive Commentary

Amit Arora, Co‑Founder of Finnable, stated: “India's next wave of consumers will meet credit where they already shop, not at a traditional bank branch. With Flipkart Finance and Flipkart platforms, we're bringing formal credit to customers across segments with the exact simplicity they expect in their shopping experience.”

About Finnable

Finnable is a technology‑led lending start‑up focused on delivering simple, fast and accessible credit. Founded by Nitin Gupta and Amit Arora, Finnable offers personal loans, Loans Against Property (LAP) and broader consumer finance products, leveraging data‑driven underwriting and a customer‑first approach.

Regulatory Framework

Both Finnable Credit Private Limited and Flipkart Finance Private Limited are RBI‑registered NBFCs. Loans under this partnership are jointly originated in accordance with the RBI‑specified digital and co‑lending framework, with Flipkart platforms facilitating the digital customer journey. All loans remain subject to standard eligibility criteria, documentation requirements and credit assessment, and applicable charges are detailed in the accompanying Key Fact Statement.

Disclaimer

The press release is provided under an arrangement with Newsvoir; PTI assumes no editorial responsibility for its content.