IBL Finance was incorporated on August 3, 2017. The company commenced its lending business to self-employed professionals and small business entrepreneurs during the financial year ending March 31, 2019. Subsequently, from FY20, it transitioned to a fintech-based financial services platform. As a technology-driven fintech company, it leverages technology and data science to make lending quick and easy. The company, through its mobile app, provides instant personal loans with a process that is almost 100% digital.