FACETS: FACE Members disburse 3 Cr loans in Q2 FY 24-25
FinTech BizNews Service
Mumbai, 24 Dec 2024: The Fintech Association for Consumer Empowerment (FACE), an RBI-
recognised Self-Regulatory Organisation in the FinTech Sector (SRO-FT), has released the 12th
issue of its quarterly report, FACETS. The data highlights India’s FinTech lending landscape's
steady scale-up, demonstrating its pivotal role in financial inclusion.
The report is based on data from 34 FACE member companies lending to customers through
their in-house NBFCs and in partnership with other regulated entities (mostly NBFCs). Of the 34
companies contributing their data, 23 are/have in-house NBFCs. The report analyses digital
loan disbursements, capturing metrics such as disbursement volumes, values, average ticket
sizes, growth and AUM.
Key Highlights from the report:
▪ Scale-up in loan disbursements: FACE member companies reported disbursing Rs
36,897 Cr during Q2 FY 24-25. Compared to Q2 FY 23-24, when the disbursement value
grew YoY by 44%, the disbursement value in Q2 FY 24-25 has moderated to 19%. The
disbursement volume reached nearly 3 Cr loans, driven by strong customer preference for
digital lending.
▪ Average ticket size: The average loan size for the quarter was Rs 10,891. The average
ticket size bucket of Rs 10k-25k is the most common, with 12 companies in that range,
accounting for 40% of total disbursement value. Overall, there is significant variation
amongst companies, demonstrating the FinTech sector’s ability to cater to varied consumer
segments and credit needs.
▪ AUM: As of Sep 2024, the total Assets Under Management (AUM) reported by 28 FACE
member companies stood at Rs 51,537 Cr. Of this, 74% was on the balance sheet.
To download the full report, please visit/ please click here: https://faceofindia.org/wp-
content/uploads/2024/12/FACETS-Issue-12_-September-2024.pdf
