Finteck - About the company
Finteck is a seed company based in Bhubaneswar (India), founded in 2022 by Krishna Nayak. It operates as an Online money management platform for teens. Finteck has raised an undisclosed amount in funding from Startup India. The company has 14 active competitors, including 9 that are funded. Its top competitors include companies like FamApp, Greenlight and Junio.
Company Details
Online money management platform for teens. It provides analytics solutions that analyze spending habits and advice for budgeting. Users can manage investment, spending, and credit lines for personal finance. It also provides digital banking with UPI payments, invests, and manages the portfolio in mutual funds. Users can instantly transfer money to friends and family.
- Website
- finteck.in
- Email ID
- *****@finteck.in
- Phone Number
- +91 **********
- Registered Address
- PLOT- 345/492, NARAGADA ROAD, TAMANDO, Khordha, BHUBANESWAR, Orissa, India, 752054
Key Metrics
Founded Year
2022
Location
Bhubaneswar, India
Stage
Seed
Latest Funding Round
Investors
Ranked
14th among 14 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2023
Legal entities associated with Finteck
Finteck is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FINTECK PAYMENT LABS PRIVATE LIMITED CIN: U72200OR2022PTC039807 , India, Active | May 23, 2022 | 0 - ₹10 Cr (As on Mar 31, 2023) | - |
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Finteck's funding and investors
Finteck has raised funding over 1 round. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. Finteck has 1 institutional investor.
Here is the list of recent funding rounds of Finteck:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2023 | 1582 | Seed | 5565 | 9531 | 8722 | 2470 |
View details of Finteck's funding rounds and investors
Finteck's founders and board of directors
Founder? Claim ProfileThe founders of Finteck is Krishna Nayak.
Here are the details of Finteck's key team members:
- Krishna Nayak: Co-Founder of Finteck.
View details of Finteck's Founder profiles and Board Members
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Finteck's Competitors and alternates
Top competitors of Finteck include FamApp, Greenlight and Junio. Here is the list of Top 10 competitors of Finteck, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital spending accounts with integrated payment card services | $42.7M | 77/100 | ||
2nd | Greenlight 2014, Atlanta (United States), Series D | App-based investment platform for kids and teens | $556M | 74/100 | |
3rd | Provider of pocket money and payment application for students | $8.17M | 57/100 | ||
4th | Payment cards for teens | $768K | 43/100 | ||
5th | Walrus 2019, Oakland (United States), Seed | Banking platform, UPI payments, and debit card for teenagers | $395K | 40/100 | |
6th | Provider of an app-based neobank for teenagers | $4.2M | 40/100 | ||
7th | Charity cashback platform | $181K | 39/100 | ||
8th | Prepaid card and digital wallet for teenagers and students | $1.56M | 34/100 | ||
9th | Payment card and money management app for teens | $500K | 31/100 | ||
10th | Digital bank for students | - | - | 30/100 | |
14th | Online money management platform for teens | - | 20/100 |
Looking for more details on Finteck's competitors? Click here to see the top ones
Finteck's Investments and acquisitions
Finteck has made no investments or acquisitions yet.
Reports related to Finteck
Here is the latest report on Finteck's sector:
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