
Neem
Enabling Financial Wellness for underbanked communities across emerging markets, starting in Pakistan.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor investor investor investor investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 3.5x EV/Revenue | round | |
investor | €0.0 | round | |
* | $4.0m | Debt | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 279 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Neem.io is a fintech startup that operates in the realm of embedded finance. In simple terms, embedded finance is the integration of financial services into non-financial platforms, making it easier for customers to access these services. Neem.io enables digital platforms across various industries to offer financial services to their customers who might otherwise be underserved by traditional financial institutions.
The company's business model is based on partnerships with digital platforms and financial service providers. A recent example of this is their partnership with Mastercard, which marked the first embedded finance partnership in Pakistan. This partnership allows digital platforms in Pakistan to offer Mastercard's financial services to their customers, thereby expanding their product offerings and potentially increasing their revenue.
Neem.io's clients are primarily digital platforms that want to offer financial services to their customers. These could be platforms in any industry, from e-commerce to social media. By enabling these platforms to offer financial services, Neem.io is essentially creating a new revenue stream for these platforms and making financial services more accessible to a wider audience.
The company makes money by charging these digital platforms for the use of their technology and services. The exact details of their pricing model are not publicly available, but it's likely based on the volume of transactions or the number of customers served.
In conclusion, Neem.io is a fintech startup that operates in the embedded finance space, enabling digital platforms to offer financial services to their customers. Their business model is based on partnerships with both digital platforms and financial service providers.
Keywords: Neem.io, fintech, embedded finance, digital platforms, financial services, underserved customers, partnerships, Mastercard, Pakistan, revenue stream.