Finity

Trade Made Easy

There is currently a gap in trust between financial services platforms and the users, both in the personal finance space and business space. We aim to bridge the gap with our platform which covers a full suite of financial services both for individuals and businessmen.

Solution Highlights

• Flow Based Credit Facilitation:

Facilitating users with collateral-free lAutomatic recovery of credited funds from the borrower to the lender by splitting up the earning on every transaction loans.

• Automatic transaction-based credit remittance

Automatic recovery of credited funds from the borrower to the lender by splitting up the earning on every transaction.

• Finance and logistical solutions to individuals as well as businesses

Personal finance for individuals and Business solutions for MSMEs.

Resources

• Account Aggregator Framework:

The Account aggregator framework helps multiple finacial institutions to share data beteween themselves without compramising security thus commodotising user's finacial data.

• RazorPay Invoice API:

• Razorpay Route API

• Razorpay Items API

We aim to bridge the disconnect between the credit industry and the MSME retail industry.

We introduce the concept of Fractional Credit Remittance in India.

• Remittance takes place through every sales transaction of the trader.

• The remittance amount is decided based on the sales profile of each trader. The sales data is procured with the help of Account Aggregator Framework.

Thus ensuring higher recovery rates as compared to conventional approches, thus helping the MSME Credit industry mature further.

Aspects of our platform:

• Individual consumer side

• MSME Business side

Individual consumer side:

• Personal Finance services services (using Account Aggregator Framework)

• Essential items/groceries procurement. (Thus connecting the partner business with the user.)

• Expense Tracker services (using Account Aggregator Framework - making the whole process completely automated)

• Future Prospects: Customised porfolio suggestions, automated monthly mandates, Personalised Offers

MSME Business side:

• Zero Collateral / Flow Based Lending services - using Account Aggregator Framework

• Automated Fractional Credit Remittance - using Razorpay Route API

• Business Finance Metrics

• Inventory and invoice Management

Team

• Devansh Swarup

  

• Dhruv Upadhyay

  

• Shobit Puri

  

• Aryan Pandey

  

• Arhan Chaudhury