The first NBFC platform built
around daily collections.
We are rebuilding short-term lending in India around a simple insight: if borrowers pay a small amount every day, NPAs collapse, capital recycles faster, and a kirana shop can underwrite a loan a traditional bank cannot. This page is for capital partners evaluating an investment in that thesis.
Bullet loans hide their default risk until the last day.
Daily-ladder surfaces it in 24 hours.
Same ₹50,000 principal. Same 30-day tenor. Two completely different risk profiles. The maths is unforgiving: in a daily-ladder the average outstanding is ~₹25,833. In a bullet, it's ₹50,000 — the full principal, for the full tenor.
Bullet / EMI loan
Daily-ladder STPL
Less NPA × cheaper collection × more loans per kirana = a margin profile traditional STPL lenders structurally cannot match.
Revenue per ₹50,000 loan: ₹20,900
A worked example. Real loans on the platform range ₹2,000 – ₹50,000 across 3 – 30 day tenors. The shape stays the same: platform fee at disbursal, reducing-balance interest over tenor, GST on the fee.
Where the ₹20,900 comes from
Where the money goes
Risk · Distribution · Collection · Tech.
Each moat alone is interesting. Stacked, they create a margin profile no traditional STPL lender can replicate without rebuilding their core ledger.
Risk visibility moat
Default surfaces on Day 1, not Day 30. Reducing-balance interest math means provisioning collapses when collections are daily. The same ₹50k loan carries half the average outstanding versus a bullet structure.
Distribution moat
B2B2B2C hub-and-spoke: Satsai (NBFC) → Distributor → Kirana → Borrower. Kiranas underwrite borrowers banks can't reach — at ₹0 acquisition cost. The chain is regulated under DLD-2025 with full payment flow through NBFC-owned dynamic QR.
Collection moat
Two-track field operations: Track A is a verified-partner network drawing from the 7M gig pool (Swiggy / Zomato / Rapido riders) for soft visits. Track B is DRA-certified partners for hard collections. Cost per soft visit drops ~70% vs DRA-only.
Tech moat
Two-backend system bridged by HMAC: legacy stack owns origination & customer surface; new Fastify-5 backend owns the real-time ladder OS, spoke platform, collection router, risk and fraud. Both deploy independently; both observe the same ledger.
Four ways to deploy capital — all RBI-aligned, all on the same NBFC spine.
Loans originated on the platform are lent by Satsai Finlease Private Limited (RBI NBFC Reg. B-14.01646). Fluxusforge Technologies operates the LSP stack. Quikkred is the brand and product surface. Each instrument plugs into that spine differently.
Senior secured term debt
- Tenor
- 12–36 months
- Min
- ₹5 Cr
- Return
- Floating · MCLR + 250–450 bps
Risk: Lowest — first loss absorbed by Quikkred subordinate tranche
Best fit: Banks, debt funds, family offices seeking yield with rated cover
Listed NCDs
- Tenor
- 24–60 months
- Min
- ₹1 Cr
- Return
- Fixed coupon · semi-annual
Risk: Rated by CRISIL / ICRA · trustee monitored
Best fit: Wealth platforms, treasury allocators, HNI debt portfolios
Co-lending / FLDG
- Tenor
- Loan-tenor matched
- Min
- ₹10 Cr commitment
- Return
- Pass-through yield · 80% lender share
Risk: Shared risk — RBI Co-Lending Directions 2025
Best fit: Banks, NBFCs scaling PSL & STPL exposure on plug-in stack
Equity / SAFE
- Tenor
- Permanent capital
- Min
- By round
- Return
- Equity upside · board observation seat at term-sheet
Risk: Full equity risk — full upside
Best fit: Strategic investors, fintech-focused funds, NBFC consolidators
B2B2B2C — a chain a bank cannot run.
Four roles, regulated under RBI DLD-2025. The NBFC holds capital and risk. The platform owns the rails. The distributor owns a region. The kirana owns the borrower relationship. The borrower is the only one who sees a single brand.
Holds the lending licence. Books the loan on its balance sheet. Carries credit risk. Issues the dynamic UPI VA for collections.
Brand surface. Product. The ladder OS that drives daily collection. KYC, risk engine, fraud, ledger. Auditable WORM trail.
Onboards kiranas. Trains, audits, supports. Earns 1% direct origination + 30% override on kirana commission. 1 distributor per district by design.
Sources micro-loans at counter. Never touches rupees — flow is through Satsai's dynamic QR. Earns 0.75% net on cleared paise.
How committed capital is put to work.
60% goes directly to AUM growth. Everything else is in service of that — distribution throughput, the ladder OS that lets us run the book, and the compliance + audit posture that keeps the licence safe.
Built on the latest RBI directions, not retrofitted to them.
The stack was designed in 2025–26 against DLD-2025, CLA-2025, and DPDP. Every spoke and partner agreement carries a DPA. A designated DPO is appointed. The audit trail is WORM, monitored, and queryable.
The questions every credit committee asks first.
What is the lender of record on the platform?
How is repayment risk priced if NPAs surface on Day 1?
What instruments are available for capital deployment?
What governance and reporting can I expect?
How is borrower data handled?
What's the path from a first conversation to a deal?
Ready to look under the hood?
The data room contains: audited financials, portfolio vintage analysis, NPA trajectory, capital stack, draft term sheets, the live monitoring dashboard, and detailed regulatory mapping. Access is gated by NDA and credit-committee introduction.
Loans originated on the Quikkred platform are lent by Satsai Finlease Private Limited (RBI Reg. B-14.01646). Fluxusforge Technologies operates the Lending Service Provider (LSP) stack. Capital deployment is subject to credit committee approval, successful Enhanced Due Diligence, and execution of definitive documentation. Governed by RBI (Digital Lending) Directions, 2025 · Co-Lending Arrangements Directions, 2025 · DPDP Act 2023 + Rules 2025. Investor queries: [email protected].