Oxyzo Financial Services began as OfBusiness Group's financing platform providing cash-flow matched working capital for SMEs in manufacturing and sub-contracting and has since expanded across multiple value chains. It offers a diversified product suite and serves SMEs, mid-corporates and new-age economy customers via a digital supply-chain and embedded finance marketplace. The company reports cumulative disbursements of over $2B across 30,000+ nodes and has grown assets under management (AuM) to $350M with 100% year-on-year growth. Oxyzo maintained a GNPA of 1.2% through the Covid period and operates with an Opex ratio of 2.5%, supported by proprietary tech systems and proactive monitoring. It has been profitable since inception with a pre-tax RoA of 5.5%+, and its fixed income and securities business recorded a cumulative market volume of $1.6B+ in the last six months. Oxyzo plans to use capital to expand its digital financial services organically and inorganically, scale its supply-chain marketplace, launch innovative fixed-income products for SMEs, and grow fee-income lines including debt capital markets and securities.

Total raised

$200M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2022