FinTech Business Investment Opportunities in Haryana

- A fintech startup based in Faridabad, Haryana. - We are still in the pre-revenue phase. - We have developed a software for private lenders i. e individuals / corporations lending money to lower income individuals who are not able to borrow money from banks and NBFCs. - The software helps keep track of the loans given out, payment schedules, past transactions. - Currently being used by 3 customers. We are not charging them currently, but will begin charging customers in 2 months. - We will be following a monthly subscription model. - Business does not own any physical assets.

- The company is a well-established fintech firm with an RBI license based in Panchkula, Haryana, operating in the financial inclusion and payment gateway sector. - The company provides a range of products and services, including payment gateway white label software solutions for the B2B segment, virtual account management, prepaid card management, and cross-border payment transfer services. - The company operates on a SaaS model and has partnerships with several major banks including ICICI Bank, SBI Bank, Yes Bank, Kotak Mahindra Bank, Union Bank of India, Indian Overseas Bank, and IDFC First Bank. It has also established a business correspondent relationship with these banks. - With over 25,000 merchants, the company has a strong market presence and generates revenue through various streams such as payment gateway services, MSB licenses, and white label solutions. - The company has over 200 customers and holds an RBI license, positioning it as a credible and regulated player in the fintech industry. - The company's white label solutions are priced at USD 10,000, providing a potential revenue stream. - The company has doubled its revenue in a year with the introduction of new revenue streams and products.

- Our business helps people in their personal and business accounting and financial data. - Business has a simple UI software that manages taxes and compliance. From our GST to ITR, the software handles it all so that we can focus on business expansion. - We have achieved our milestone of 10 lakhs downloads on the Play Store and App Store. - Business has 8,00,000 registered users. - We have served more than 250 paid customers so far. - Monetization is through service based charges and subscription fees. - Promoter has more than 30 years of work experience in accounting and finance.