Kreon Financial Services Extends ₹357.61 Cr Credit in FY26

Kreon Finnancial Services Limited, an AI-powered NBFC, held its 32nd Annual General Meeting, reporting significant performance in FY 2025-26. The company extended ₹357.61 crores in credit, onboarded 2.24 lakh new users, and achieved a customer retention rate of 91%. A total of 18.9 lakh loans were disbursed, with an average ticket size of approximately ₹1,850. The company focuses on serving the under-served and unserved segments of India's credit market, particularly young, first-time borrowers. Kreon plans to expand its offerings with a new product, MyDayPayDay, and build a multi-product ecosystem to become 'The Loan App of India'.