
FINQY
Industry first Financial Sales Tools for Agents & DSAs.
Date | Investors | Amount | Round |
---|---|---|---|
* | $2.0m | Seed | |
Total Funding | 000k |
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FINQY operates within the Indian financial technology sector, employing a B2B2C business model to broaden access to financial products. The company was co-founded by Prashant Singh. Leveraging its relationships with major banks and financial institutions, FINQY enables its partners, such as retail businesses and digital platforms, to offer a suite of financial services directly to their customer base.
The core of FINQY's operation is its proprietary technology stack, which facilitates the distribution of products including credit cards, insurance policies, investment vehicles, and various types of loans. This platform is designed to simplify what are often complex application and approval processes for end consumers. For its business partners, FINQY provides a comprehensive end-to-end CRM tool, which manages the customer lifecycle and enables upselling and cross-selling opportunities among the different financial products offered. The company's revenue model is likely tied to commissions or service fees generated from the successful issuance of financial products through its partner network.
The company's stated mission is to change how financial products are consumed in India by making them more accessible and easier to understand. This is pursued through a combination of its technology platform and a network of financial service partners. The ultimate goal is to create a more integrated and seamless financial experience for the end customer, while providing partners with new revenue streams and enhanced customer engagement.
Keywords: FinTech, B2B2C, financial products, CRM, insurance, investments, loans, financial services, partner network, India