Bengaluru-based fintech startup WeRize has reported strong financial performance for FY25, with its revenue reaching ₹236 crore and net profit doubling year-on-year.
Backed by global investors including British International Investment (BII), the company continues to scale its unique distribution model across India’s underserved markets.
Strong Revenue Growth in FY25
According to its financial filings, WeRize’s revenue from operations grew 64%, rising from ₹144 crore in FY24 to ₹236 crore in FY25.
The company’s total income stood at ₹240 crore, including additional non-operating income.
Key Revenue Breakdown:
- Interest income from loans: ₹109 crore (46%)
- Loan processing fees: ₹39 crore
- Service revenue: ₹74 crore
- Other income sources: Interest on FDs, bad debt recovery
This diversified revenue model reflects WeRize’s growing presence in India’s digital lending ecosystem.
Profit Doubles with Improved Efficiency
Despite rising operational costs, WeRize managed to improve profitability.
- Net Profit: ₹10 crore (FY25)
- Previous Year Profit: ₹5 crore (FY24)
The company also reported improved financial metrics:
- ROCE: 13.08%
- EBITDA Margin: 18.64%
Notably, WeRize spent ₹0.96 to earn ₹1, indicating improved operational efficiency.
Expense Growth and Cost Structure
As the company scaled its operations, expenses also increased significantly.
- Total Expenses: ₹227 crore (up 61% YoY)
Major Cost Components:
- Employee benefits: ₹66 crore (29% of total costs)
- Freelancer payouts: ₹54 crore (up 93%)
- Finance cost: ₹25 crore (2.5X growth)
- Legal & professional fees: ₹30 crore
- Other operational costs: ₹52 crore
The rise in freelancer payouts reflects the company’s expanding distribution network.
Unique “Social Shopify of Finance” Model
Founded by Vishal Chopra and Himanshu Gupta, WeRize operates a unique fintech model often described as the “Social Shopify of Finance.”
The platform enables 10,000+ freelancers across 2,500+ cities to distribute financial products within their local networks.
This eliminates the need for:
- Physical branches
- Large field sales teams
Through this model, WeRize reaches over 300 million individuals across 5,000+ small cities in India.
Product Offerings and Partnerships
WeRize offers a wide range of financial products, including:
- Mortgages
- Unsecured loans
- Insurance products
- Savings solutions
The company operates its NBFC arm Wortgage Finance and partners with institutions such as:
- Vivitri Capital
- InCred
These partnerships help expand credit access to underserved populations.
Strong Balance Sheet Position
As of March 2025, the company maintains a solid financial position:
- Current Assets: ₹267 crore
- Cash & Bank Balance: ₹87 crore
This provides a strong foundation for future growth and expansion.
Funding and Valuation
WeRize has raised approximately $25.75 million in equity funding from investors including:
- British International Investment (BII)
- Sony Japan
- 3one4 Capital
- Picus Capital
The company is currently valued at around $115.5 million.
Conclusion
WeRize’s FY25 performance highlights its ability to scale rapidly while improving profitability. With a strong revenue base, growing distribution network, and innovative fintech model, the company is well-positioned to expand financial access across India’s smaller cities.
As digital lending continues to grow, WeRize’s network-driven approach could play a key role in shaping the future of financial inclusion in India.
