Synopsis:
Veefin Solutions Ltd, through its subsidiary, has forged partnerships with over 15 fintechs including SimplyFI, Equence, and WhatsLoan. These collaborations strengthen the company’s API infrastructure and digital lending ecosystem.

A leading fintech and digital infrastructure stock jumped after announcing multiple strategic collaborations that enhanced its digital lending and API ecosystem. The partnerships aim to drive innovation in lending, compliance, and fraud management, accelerating the adoption of AI-driven solutions and unified digital workflows for financial institutions, enterprises, and consumers.

Veefin Solutions Ltd has a market cap of Rs. 952.34 crore. The stock opened at Rs. 383.90 from its previous close of Rs. 381.50 and touched a high of Rs. 399, marking an intraday rise of approximately 4.58 percent.

What’s the News?

Veefin Group, through its subsidiary, has formalized collaborations with more than 15 leading fintechs and enterprises to deliver digital lending and API infrastructure solutions. Among the key partners are SimplyFI, Equence, and WhatsLoan, each contributing specialized capabilities to foster innovation, compliance, and scalability in the digital-first financial ecosystem.

These partnerships support Veefin Group’s ambition to build the World’s Largest Working Capital Technology Ecosystem, offering seamless, secure, and scalable digital journeys for lenders and borrowers alike.

SimplyFI has joined Veefin’s API business vertical to deliver a next-generation lending experience. By integrating SimplyFI’s AI-powered Loan Origination System (LOS) and Loan Management System (LMS) with Veefin’s API infrastructure, lenders can now efficiently launch and scale portfolios with intelligent underwriting, automated compliance, and access to KYC, bureau, mandate, and disbursement APIs.

Equence is partnering with Veefin to provide a unified API stack encompassing CPaaS, vendor analysis, and advanced fraud risk enablement. The collaboration enables enterprises to simplify integration, strengthen compliance frameworks, and mitigate fraud while improving customer engagement.

WhatsLoan is one of the pioneering fintechs utilizing the RBI’s Unified Lending Interface (ULI) and Digilocker for both individual and corporate KYC, along with access to digital land records.

Through its NeoLending B2 platforms and Loan Marketplace spanning B2B and B2C segments, WhatsLoan is transforming financial accessibility for a wide range of borrowers. Its collaboration with Veefin Group combines WhatsLoan’s borrower-centric approach with Veefin’s comprehensive API infrastructure.

Comments from the Management

“This partnership sets a new benchmark for digital lending infrastructure by marrying the precision of AI agents with the power of plug-and-play APIs, designed for MSME, consumer, and loan-against-property segments,” said Viswanadh Akella, Founder, SimplyFI.

“The combined stack ensures enterprises are equipped with scalable, secure, and future-ready APIs for the digital-first economy,” said Pushpendra Kumar, Founder, Equence.

“At WhatsLoan, we believe in leveraging the best digital and data technology to create value for borrowers. Our partnership with Veefin Group’s API vertical sets a new standard in simplifying and accelerating the financial journey for farmers, businesses, and consumers alike. We look forward to doing more for the borrower with this collaboration,” said Timmana Gouda D, Founder & CEO, WhatsLoan.

Financial Snapshot – Half-Yearly Results

For the period September 2024 to March 2025, Veefin Solutions Ltd reported sales rising from Rs. 19 crore to Rs. 60 crore, up 215.79 percent. Operating profit increased from Rs. 6 crore to Rs. 19 crore, a growth of 216.67 percent. PBT surged from Rs. 4 crore to Rs. 16 crore, up 300 percent, while net profit rose from Rs. 4 crore to Rs. 12 crore, marking a 200 percent increase.

On a year-on-year basis from March 2024 to March 2025, sales grew from Rs. 16 crore to Rs. 60 crore, an increase of 275 percent. Operating profit increased from Rs. 9 crore to Rs. 19 crore, up 111.11 percent. PBT rose from Rs. 8 crore to Rs. 16 crore, a 100 percent increase, while net profit expanded from Rs. 6 crore to Rs. 12 crore, up 100 percent.

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Outlook 

Veefin Solutions Ltd’s announcement of over 15 strategic partnerships with fintechs like SimplyFI, Equence, and WhatsLoan highlights its growing presence in India’s digital lending space. By integrating AI-driven underwriting, KYC, compliance, and fraud management into a unified API infrastructure, the company is building a scalable platform that could transform working capital and lending operations across B2B and B2C segments.

While the stock’s recent intraday surge reflects positive market sentiment, the long-term potential will depend on execution and adoption of its API solutions by financial institutions, enterprises, and fintechs. If these collaborations achieve traction, Veefin could emerge as a significant enabler in the digital lending ecosystem, though measured optimism is warranted given competition and regulatory considerations.

About the Company

The Veefin Group of Companies is focused on building the World’s Largest Working Capital Ecosystem, offering solutions across digital supply chain finance, identity verification, automated financial statement analysis, debt securitization, cash management, trade finance, automated AR & AP, and software consulting.

Veefin also provides white-labelled digital lending and supply chain finance solutions, including end-to-end lending stacks, smart credit decisioning, analytics, and omni-channel onboarding for banks, financial institutions, fintechs, B2B marketplaces, and corporates. Veefin Solutions Ltd, the listed parent company on BSE SME, spearheads this ecosystem.

Written By Manan Gangwar 

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