FINQY, a financial technology firm, has successfully secured $2 million in funding through a recent round led by Angel Bay India Accelerator, along with contributions from Family Offices and other investors.
The funds will be utilized to enhance the distribution of financial services in India through the implementation of technology and strategic expansion plans.
In March 2022, the company successfully secured $839K in its initial funding round from investors such as Anvita Varshney and AngelBay.
FINQY empowers its partners to provide their consumers with a diverse selection of financial products. These encompass many financial items such as credit cards, insurance, investments, and loans. Additionally, there is potential for easy upselling and cross-selling across these products.
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The firm aims to simplify intricate financial choices related to credit cards, insurance, and loans while also greatly improving consumer interaction and enabling well-informed decision-making.
FINQY has a presence in 24 cities and 2 countries, with 30 offices. They receive help from more than 100 financial and banking partners.
About FINQY
Founded in 2019 by Manish Aggarwal, FINQY enables its partners to offer their customers a wide range of financial products. These include credit cards, insurance, investments and loans, as well as easy upsell and X-sell opportunities among these products.
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