Fintech Company looking to raise Funds

Posted On: 22 / Aug / 2022
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Deal Details

Annual

Deal Type

Equity (Fundraise)
Maximum Loan

Industry

Fintech
Charge

Deal Status

Active

Deal Description

Fintech Company looking to raise Funds

A Bombay based Fntech company is developing an application to manage all  Financial needs with 1 Financial Code

With the Aadhar card & Pan card, all the investments, insurance, loans & credit cards and Credit score will be automatically picked up. The following services are available with single financial code login

  • STOCKS Investment
  • MUTUAL FUND Investments
  • INSURANCE Purchase
  • LOANS payments & availement
  • CREDIT CARDS Purchase & Payments
  • TAX Filing
  • ROBO ADVISORY

PROTOTYPE is READY. Needs funds to develop application. Already process of aquiring Broking card has started.

Initial Ask is Rs 10 crores for 1 year for application development. Offline brokerage will start by September. Will be converted to online platform. Will add all other features. Initial target is 50,000 clients in first year

Promoters have 15 plus years of Experience and having an existing AUM of 125 crores.

Powerpoint presentation is attached

Attached Files

icon 1FC PITCH DECK 8 6 22 v 1 pptx

Deal Value
50 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
50 Lakhs
2020-21
50 Lakhs
2021-22
50 Lakhs