LoanTap is an online platform committed to deliver flexible loan products to salaried professionals.
LoanTap offers customised personal loans such as EMI-free Loan, rental deposit loan, holiday loan, and other differentiated offerings to white collared salaried professionals.
Loantap was founded in 2016 by Satyam Kumar & Vikas Kumar and is based in Pune, Mahrashtra, India.
Loantap innovates in an otherwise dull loan segment, to deliver instant, flexible loans on consumer friendly terms to salaried professionals and businessmen.
Loantap uses latest technology to design flexible loan products that are best suited to various life stage requirement. It provides seamless experience from application to disbursal and meet our customers expectations.
LoanTap helps you choose, compare & customize loan from an array of offerings like Personal Loan, EMI Free Loan, Personal Overdraft Facility, Credit Card Takeover Loans, Rental Security Deposit Loans, Advance Salary Loans and House Owner Loan.
Loantap is backed by Avaana Capital, 3one4 Capital, India Quotient, Shunwei Capital, Kae Capital and others. The company raised $12M from a latest "Series B" financing on Oct 1, 2019. The round brings LoanTap's total funding to $25M to date.