Flipkart-backed super.money raised its operating revenue to ₹292 crore in the year to March 2026 from ₹89 crore a year earlier, with its loan marketplace contributing ₹248 crore, or about 85%, according to Registrar of Companies filings reported by Entrackr on October 19. Marketing spend of ₹341 crore exceeded its revenue, and its net loss widened 78% to ₹264 crore.
Why it matters: UPI payments earn super.money almost nothing, so the app uses them to acquire users and earns from referring loans to banks and NBFCs, the model PhonePe, Paytm and others have followed. With ₹63 crore of cash and bank balances at March 2026 and NPCI data putting it fifth in UPI volume with a 1.68% share in September, its next step depends on Flipkart’s funding and on loan referrals growing faster than the cost of acquiring users.
Source: Entrackr, October 19, 2026
Image: Gpkp, CC BY-SA 4.0, via Wikimedia Commons
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