i2i funding: P2P lending during COVID-19

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Abstract

The case presents a unique context in the growth trajectory of a fintech startup, i2i, that delivers small-ticket loans to retail clients in India through a peer-to-peer (P2P) lending platform. The COVID-19 pandemic brought unprecedented challenges for i2i’s otherwise successful business model. These challenges spanned the facilitation of underwriting, the collection of outstanding loans and even the garnering of support from the lender (investor) community. Cumulatively, these challenges significantly disrupted i2i’s funding and growth plans. In response, the founders of i2i aimed to chalk out a plan to stabilise and grow the business.

Additional Information

Product Type Case
Reference No. F&A0574
Title i2i funding: P2P lending during COVID-19
Pages 22
Published on Dec 29, 2023
Authors Jacob, Joshy; Iyer, Radhakrishnan R; Gopalakrishnan, Balagopal ;
Area Finance and Accounting (F&A)
Learning Objective After reading and discussing the case, participants should be able to • understand the challenges of growing a P2P lending business in an emerging market with high credit demand • know how to make decisions to pivot the business models around an uncertain period that combines both economic and regulatory uncertainties • discuss the various coping mechanisms including funding options that could be adopted by startups facing a significant economic shock such as the COVID-19 pandemic • demonstrate the valuation drivers of fintech businesses
Keywords Fintech, Lending Platforms, Valuation, Funding
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