Fintech unicorn Moneyview has announced its plan to change the parent company’s name from Whizdm Innovations Private to Moneyview Private Limited, as per the start-up’s regulatory filing quoted by Inc42. The board approved the name change of Moneyview on May 15.
The move came at a time when the fintech is gearing up for its public listing. The Tiger Global-backed start-up has reportedly tapped Axis Capital and Kotak Mahindra Capital Company for its IPO. It aims to raise approximately $400 million through the public offering, with the majority expected to come from a fresh issue.
Founded in 2014 by Sanjay Aggarwal and Puneet Agarwal, Moneyview provides a wide range of financial services, including personal and home loans, credit cards, credit score monitoring, motor insurance, and loans secured by property.
As per Tracxn, the start-up raised $215mn in nine rounds. The start-up is backed by key investors such as Tiber Global, Accel India, Nexus Venture Partners and more.
Moneyview has not yet released its financial results for FY25, it posted a net profit of INR 171.2 crore in FY24, marking a 5% increase from INR 162.6 crore in the previous fiscal year. During the same period, its operating revenue jumped 75%, reaching INR 1,012 crore compared to INR 576.8 crore in FY23.
Fintech Start-Up IPOs
Fintech start-up IPOs witnessed a steep decline in 2022 due to funding downturn and valuation adjustments. Even in 2024, funding for Indian fintech startups dropped 15% year-on-year to $2.5 billion. But it surged by 60% year-on-year to $739 million in the first quarter of 2025 (January to March).
With a sharp revival in funding, a booming IPO market, and a more favorable regulatory climate, fintech startups are eagerly rushing to go public. Alongside Moneyview, companies like Razorpay, PhonePe, Pine Labs, PayU India, KreditBee, Turtlemint, Kissht, and Avanse Financial Services are all preparing for upcoming listings.
This IPO surge among fintech firms is part of a wider movement, with over 20 new-age tech companies—including Zepto, Physics Wallah, Urban Company, and boAt—planning to enter the public markets as early as 2025.
