UPI provider super.money reported a net loss of ₹263.8 Cr in FY26, 78.5% higher than ₹147.8 Cr loss incurred in the previous fiscal year.
Its operating revenue more than tripled to ₹292.4 Cr from ₹88.8 Cr in FY25. Its loan marketplace contributed around 84.7% of its revenue.
Combined with other income of ₹90 Lakh, its total income amounted to ₹293.3 Cr. super.money did not report any tax expenses or exceptional items, resulting in a total comprehensive loss of ₹262.9 Cr.
super.money was launched by the Walmart-owned Flipkart in 2024 and is led by founder and CEO Prakash Sikaria, who was the senior vice president at Flipkart, helming its ads business, Shopsy, Cleartrip and Yantra.
super.money’s core business is enabling UPI payments and is the fifth largest player in the market. In September 2026, it processed over 40.51 Cr UPI transactions, collectively worth more than ₹19,613.3 Cr.
Besides, the startup has now also ventured into loan facilitation, connecting borrowers with banks and NBFCs. It also enables users to book fixed deposits and partners with banks to offer co-branded credit cards.
Where Did super.money Spend?
super.money’s total expenses in FY26 surged 130% YoY to ₹557.1 Cr from ₹241.8 Cr in the previous fiscal. Let’s dive into a breakdown of its spending.
- Business Promotion Expenses: This was the biggest expenditure, rising 3.34X YoY to ₹341 Cr in FY26.
- Employee Benefits Expense: Employee costs grew 73.8% YoY to ₹138.1 Cr compared to ₹79.5 Cr in the year-ago period.
- Marketplace Charges: Spending on this line item fell 64.2% YoY to ₹15.6 Cr from ₹43.5 Cr.
- Finance Costs: super.money’s finance-related expenses skyrocketed to ₹11.1 Cr in the year under review from ₹0.1 Cr in the previous year.
- Other Expenses: Other operating expenses including outside contracted services and communication charges increased 177.2% YoY to ₹47.9 Cr in FY26 compared to ₹17.3 Cr in FY25.
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