CosmicTaco

Navi Finserv Secures $24.5M Loan Securitisation Deal with Goldman Sachs

CosmicTaco · 2024-10-15T17:05:59.373628+05:30

- Fintech unicorn **Navi Finserv** has closed a **$24.5M loan securitisation deal** with Goldman Sachs. - The deal is backed by a pool of **unsecured personal loans**, originated and serviced by Navi Finserv. - This follows a previous **$38M personal loans securitisation deal** with JP Morgan in July. - Navi Finserv's consolidated operating revenue stood at **INR 1,906.2 Cr** in FY24. - The company aims to simplify and enable access to finance for a billion people. Source: [Inc42](https://inc42.com/buzz/navi-closes-24-5-mn-loan-securitisation-deal-with-goldman-sachs/)

Fintech unicorn Navi Finserv has closed a $24.5M loan securitisation deal with Goldman Sachs.
The deal is backed by a pool of unsecured personal loans, originated and serviced by Navi Finserv.
This follows a previous $38M personal loans securitisation deal with JP Morgan in July.
Navi Finserv's consolidated operating revenue stood at INR 1,906.2 Cr in FY24.
The company aims to simplify and enable access to finance for a billion people.

Source: Inc42