Small FinTech Company Investment Opportunity in Bangalore, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 700|
|Run Rate Sales||USD 16 thousand|
|Local Time||6:42 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
We have developed an innovative patented banking deposit software in deposits and core banking and which was curated by 12 banks.
Our software is the first innovation in deposits and core banking and was curated by 12 Banks.
It has set a benchmark in deposits as follows:
It has 40 features more than any deposit product today thus giving many choices to customers.
Our solution is completely configurable and gives the customer immense flexibility.
With our software, there is no stress to ALM and does not violate any regulations.
It combines sweep deposits if the interest rate is the same making reconciliation very easy.
It is the first product in Banking which helps the customer take decisions through simulation.
Integration through APIs and withdrawal through debit cards.
Our software helps banks get more deposits of a bare minimum of ₹ 1,000 Crores per annum, if not more which is over and above the existing deposits.
It also reduces the cost of funds for banks by up to 1% and helps the customer get more value from their deposit up to 1% or more.
Annona has been selected by NASSCOM for virtual incubation.
Our product is launched with 2 POCs completed.
We have got the contract with a major bank and it is being integrated into the product. Have other banks in the pipeline.
Banking Software - Innovative patent applied for flexible deposits.
Supply chain finance.
Laptops, printers, chairs, tables, RO plant, and IP.
1,500 Sq Ft rented office. 2nd floor, front road facing.
1 week agoLead Consultant, Information Technology, Oslo, Individual Investor / Buyer connected with the Business
Earlier than 15 daysApplication Engineer, IT, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysCEO, IT, Chennai, Corporate Investor / Buyer connected with the Business