Moneyview Surges 76% in Market Debut, Crosses $1 Billion Valuation
Accel-backed fintech platform Moneyview made a strong debut on Indian stock exchanges on Thursday, with its shares rising as much as 76% from the IPO price. The stock listed at ₹55 on the National Stock Exchange, compared with its IPO price of ₹34, and was last trading 67% higher at ₹56.75, giving the Bengaluru-based company a valuation of around ₹105 billion ($1.09 billion).
Moneyview’s $114 million IPO attracted bids for 98.5 times the shares on offer, with strong participation from institutional investors and high-net-worth individuals. The company provides access to personal loans through a network of financial partners, including its NBFC subsidiary Whizdm Finance, and has expanded into credit cards, home loans, insurance and payments.
The listing comes amid heightened activity in India’s primary market, supported by strong domestic investor demand. Moneyview reported assets under management of ₹225.2 billion for the quarter ended June 30, 2026. The IPO included a ₹7.5 billion fresh share issue and an offer for sale of up to 100.49 million shares, with proceeds earmarked for loan disbursals, investment in a subsidiary and general corporate purposes.
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