Fintech company Navi Technologies, founded by Sachin Bansal, is strengthening its position in India’s digital finance space with its all-in-one Navi app, now available
The app combines UPI payments, instant loans, mutual fund investments, digital gold, and health insurance on a single platform, aiming to deliver a seamless “super-app” experience for users. (LOAN )
According to company executives, Navi is also preparing to expand credit on UPI, enabling small-ticket loans to be directly linked to digital payments. The move comes at a time when banks and fintech players are actively exploring UPI-based lending.
Recently, Navi raised ₹170 crore in debt funding, led by PhillipCapital, to boost its expansion plans. CEO Rajiv Naresh confirmed that the funds will be used to strengthen lending products and grow its insurance and mutual fund businesses.
Key features of the app include:
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UPI transfers & bill payments with UPI Lite support.
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Loans up to ₹20 lakh with flexible repayment options.
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Investments in direct mutual funds & digital gold starting at ₹50.
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Health insurance cover up to ₹3 crore with cashless claim settlement.
Industry experts say Navi’s entry into UPI-linked credit could accelerate adoption of digital micro-loans, improving financial inclusion in semi-urban and rural markets.
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With strong investor backing, regulatory approvals, and a growing user base, Navi is positioning itself as a key challenger in India’s fintech ecosystem, competing with Paytm, PhonePe, and Google Pay.(loan )
