Fingular, a fintech holding headquartered in Singapore, announced that its Indian business TrustPaisa achieved operating profitability less than a year after launching full-scale operations in February 2025. This milestone was reached ahead of schedule, highlighting the strength of the company’s strategy in India’s competitive fintech market.
One of the key drivers of this growth was the expansion of its digital ecosystem, including the launch of the TrustPaisa app on iOS, complementing its existing Android platform and broadening access for Indian consumers. The move significantly strengthened the company’s reach and user acquisition across devices.
Since launching its mobile applications, total downloads have exceeded 2.5 million. The resulting user growth has contributed directly to profitability, with the platform now serving more than 1.2 million active customers. The total number of consumer credit transactions facilitated via the TrustPaisa platform (disbursed by RBI-regulated lending partners) has surpassed 400,000, with cumulative disbursements exceeding $35 million.
Pushkar Prasad, CEO of TrustPaisa, commented: “Reaching core business break-even in such a short period confirms that we have chosen the right approach to the Indian market, combining advanced analytics, responsible consumer financing, and an excellent customer experience. Our focus in 2026–2027 is further strengthening underwriting through AI-driven risk models, increasing repeat customer rates, and expanding our product suite beyond short-term consumer financing.”
Achieving operating profitability marks an important milestone in Fingular’s India journey and reflects the strength of its execution, disciplined risk management, and ability to scale efficiently in a highly competitive environment.
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