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Moneyboxx

Moneyboxx Crosses INR 400 Crore AUM, Sets Sights on INR 800 Crore and 100 Branches by March 2024

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Moneyboxx Finance Limited (Moneyboxx), a BSE-listed NBFC, which drives financial inclusion by providing business loans to micro entrepreneurs in Tier-III towns & below places, crossed milestones of INR 400 crores AUM#in July 2023. The Company added 11 branches in the current financial year so far, expanding its branch network to 72 branches across six states as of 31st July 2023. With the addition of 4 new lenders in … Read more

Maanaveeya (Oikocredit) provides Moneyboxx with a term loan worth INR 20 crores

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Moneyboxx Finance Limited, a BSE-listed NBFC that focuses on impact financing by providing business loans to micro entrepreneurs in Tier-III cities and below, secured INR 20 crores term loan from Maanaveeya Development & Finance Private Limited (Maanaveeya), an Indian subsidiary of Oikocredit, a 40-year-old Global Development Financing Institution that responds to the needs of businesses … Read more

Moneyboxx Finance gets Rs 50 crore term loan from SBI

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Moneyboxx Finance Limited- a BSE-listed NBFC that provides small-ticket business loans to micro entrepreneurs in Tier-III cities and below, secured INR 50 crores term loan from SBI for a period of 4 years. The company will utilize the funds for onward lending to the micro-entrepreneurs in the agricultural and allied sectors. This loan from SBI, along with … Read more

Moneyboxx Finance Appoints Vikas Bansal As Chief Risk Officer

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Moneyboxx Finance Limited (Moneyboxx), a BSE-listed NBFC which provides small-ticket business loans to micro and small enterprises in Tier-III towns & below places, today announced appointment of Mr. Vikas Bansal as Chief Risk Officer from Feb 2022. Mr. Bansal served as National Credit Manager – Emerging Business and Digital Lending in his previous role at TATA Capital. … Read more

Moneyboxx Finance Raises Rs 14.41 Cr

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Moneyboxx Finance Limited (Moneyboxx), a BSE-listed non-banking finance company that provides small-ticket loans to micro and small businesses in Tier-III towns and below, received INR 14.41 crores in equity capital from non-promoter investors through a private placement. Given the large unmet credit gap for micro enterprises, the company has improved its financial position with this … Read more