In a rapidly digitizing India, where credit accessibility remains fragmented and underserved, SwipeLoan is making bold strides toward reshaping the way loans are discovered, evaluated, and approved. Launched by KGIL Fintech Solutions Pvt. Ltd., SwipeLoan is a next-generation credit matching platform designed to empower users with instant, transparent, and reliable loan options across the country.
A Founding Vision Rooted in Experience
Apoorv Gunjal, the visionary behind SwipeLoan, brings over a decade of experience in the lending space with stints at Aditya Birla Capital, Hero FinCorp, and Motilal Oswal. Together with Harshita Gupta (Director & CMO) and Utsav Gupta (Director & CFO), the founding team created SwipeLoan to address the deep inefficiencies in traditional credit access models—particularly for new-to-credit individuals, gig workers, and those outside Tier-1 cities.
The Problem SwipeLoan Solves
Millions of eligible consumers in India are declined or underserved by traditional lenders due to rigid documentation, outdated underwriting methods, or lack of accessible channels. SwipeLoan solves this with:
- Alternate data-driven prequalification
- Instant multi-lender matching
- Automated credit underwriting, KYC & disbursal
- Vernacular-friendly user experience
- Risk-filtered lead sharing for lending partners
Strong Market Response & Investor Backing
Since its app launch in late 2023, SwipeLoan has witnessed:
- Over 3 lakh monthly users
- 50,000 loan applications in 30 days, with 46% qualified leads
- Integration with 100+ lending partners
The company is now preparing for its next phase of growth with full-stack FLDG-backed disbursements and deeper partner collaborations.
Built for Scale, Designed for Trust
SwipeLoan’s strength lies in its combination of:
- Smart Credit Filters – CIBIL score, bureau history, FOIR, geography, income level
- Real-time Lead Routing – Shared with lenders based on dynamic eligibility
- Full Regulatory Compliance – Aligned with RBI LSP guidelines, ISO-certified
- Deep Tech Infrastructure – API-based integrations for speed and scalability
The platform supports a wide range of credit products including Instant Loans, Personal Loans, Business Loans, Used Car Loans, Loan Against Mutual Funds, and more.
A Culture of Agility & Ownership
With a growing team across credit, product, legal, and support, SwipeLoan promotes a fast-paced, ownership-driven culture. The company prides itself on balancing speed with compliance and innovation with impact, supported by an agile organizational structure and real-time decision-making.
The Road Ahead
SwipeLoan’s roadmap includes expanding into secured lending, improving post-loan journeys, and launching value-added services like credit health improvement plans, insurance, and educational tools to further strengthen borrower profiles.
Words from the Founder
“SwipeLoan is not just a fintech—it’s a credit empowerment engine. Our mission is to give every Indian access to fair, fast, and transparent credit. We’re not chasing volume; we’re building sustainable trust.”
– Apoorv Gunjal, Founder & CEO
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