Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Industry News

| More

Finzy Bags Product Innovator NBFC Of The Year Award

Posted On: 2019-09-04 20:26:40

Finzy, a premier fin-tech platform in the peer to peer lending space has won the coveted Product Innovator NBFC Of The Year Award at the India NBFC Summit and Awards 2019. The award acknowledges exceptional product innovators in the financial sector and has bestowed this year's honour on Finzy.

Established in 2016 with its headquarters in Bengaluru, India, Finzy- a powerful tech-driven lending platform registered with RBI as an NBFC-P2P- functions with the vision to make finance easy. Finzy helps connect verified borrowers looking for affordable personal loans with investors looking to invest in a new risk optimized asset class. Finzy's focus on prime borrowers, unique positioning, proprietary credit assessment algorithm, effective collections and recovery teams, ensures that it manages the entire loan lifecycle end to end.

Diversified investments, single click investments, monthly returns and ability to reinvest the returns to unlock the power of compounding, ensure that both investors and borrowers have a powerful value proposition on finzy.

Cutting edge features and great customer experience are helping the startup beat its competitors and stand out in the digital lending space.

Amit More, Founder & CEO, Finzy said "Our vision is to create the most innovative yet simple financial solutions with customer experience right at the centre of all our product features and processes. We have been winning over TRUST of our customers and this has helped us to scale our business numbers and team without compromising a bit on our quality standards. Product Innovator of the Year Award is a clear validation of our approach, and our roadmap of product development will soon make Finzy a ubiquitous financial application on every smartphone of this country."

Finzy provides regular monthly returns to the investors. On average the returns are at 15.5% p.a, which is higher than most other asset classes. The simple and user-friendly process at Finzy allows the borrower to receive funds in less than 48 hours. The risk is optimised due to the ability to diversify investment across multiple hand-picked borrowers.

Apoorv - CIO and Head of Product, "At finzy we are always looking to build features and capabilities that solve real-world problems. A lot of inputs for these innovative features come from talking to our customers regularly about their experiences in investing and borrowing. Focus on great customer experience and listening to what customers have to say has helped us stand out and stay true to our goal of changing the way India borrows and invests."

With a team of over 130 employees, Finzy has opened investment opportunities for people across India while the borrowing option is currently available in eleven Indian cities - Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Mysore, Coimbatore, Vizag and Ahmedabad. The Platform is expanding in more geographic regions for borrowers as well as industry-first product innovations are set to launch in the next few months in 2019.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Windrose Capital leads the $600K investment round in Nivesh.com

CarDekho closes $70 million round from leading investors in China and Europe

Bosch Power Tools inaugurates Bosch Service Center in Mumbai, India

CarDekho Group forays into Philippines, acquires Carmudi

Dun and Bradstreet launches first-of-its-kind cloud database repository on Indian businesses

GoAir attracts global delegates at Global Exhibition on Services 2019

Sluggish demand tempered cement prices; demand growth likely around 4% in FY2020: ICRA

ICAI signs MoU with Kuwait Accountants and Auditors Association (KAAA)

PAYBACK India Strengthens Travel Portfolio by Partnership with Online Travel giant Cleartrip

FlexiLoans.com emerges among the top 100 global FinTech innovators' list by KPMG and H2 Ventures

Over half the delayed housing projects in India's 9 residential markets are in MMR: PropTiger report

Cognizant Named an AI Consultancy Leader in Asia Pacific by Independent Research Firm

SIDBI plans to set up Swavalamban Connect Kendras to promote the spirit of entrepreneurship

Virgin Atlantic relaunches daily direct flights from Mumbai to London

MX Player raises $110 million from Tencent and Times Internet

OPPO to Launch Qualcomm-Powered Dual-Mode 5G Smartphone by End of 2019

Indians Accumulating Gold The Smart Way This Dhanteras With ETMONEY GoldDeposit

Mr. Ratan N Tata felicitated with the Chiratae Ventures Patrick J. McGovern Lifetime Achievement Award 2019

SIDBI acknowledges outstanding performers in the Micro and Small Enterprises sector with SIDBI India MSE Awards

Saraswat Co-operative Bank launches 'Saraswat Bank 100+ Smart Savings Account App'

Afghanistan Trade Event Drives Over $55 million in New Business

InstantPay granted Corporate Agency license by IRDA

ICAI and ICAEW renew qualification reciprocity agreement

Implementation of Uniform Banking Hours in all Public Sector Banks (PSBs) on PAN India

No more 'Single Use Plastic', says Usha International

Chennai Machine Tool Expo 2019 Brings Technologies to the Doorsteps of Tamil Nadu

Affordable homes account for over 48% unsold units in MMR: PropTiger report

PaisaWapas announces special cashback for Amazon and Flipkart festive sale

Mitsubishi Electric India pledges for a greener tomorrow in Nagpur

Cognizant Named an AI Consultancy Leader by Independent Research Firm

Tata AIA Life Insurance goes from protecting people's future to protecting the environment too

New Cognizant AI Insurance Claims Platform Enhances Processing, Accuracy and Customer Service Following Natural Disasters

Chennai Machine Tool Expo 2019 to Set the Ball Rolling for Manufacturing Excellence

Truecaller appoints Hitesh Raj Bhagat as Director of Corporate Communications India

Universal Sompo General Insurance Company Ltd launches USGI ALLy mobile application

Cinépolis lets you #XperienceTheFuture with its latest campaign

Logitech partners with LXG to strengthen the esports ecosystem in India

PAYBACK joins hands with Cricketer, Yuvraj Singh to launch its new campaign 'PAYBACK Chalao'

Indian tourism evolving as a catalyst of growth and employment generation

House of Hiranandani celebrates the Heroes of Hiranandani this Engineer's day

Flora Haixia Zhao joins Sterlite Power as an Independent Director

OPPO's 20x Zoom powerhouse, Reno2, to go on sale across India

World's Biggest Food Exhibition - SIAL Kicks off Today in Delhi

JSW Cement launches Durga Puja campaigns with a social focus

Globus Infocom Launches Indoor LED Display Wall at InfoComm India 2019 Expo

Cash Suvidha plans to raise $5-10mn equity funds

EaseMyTrip Brings 'Welcome Festive Sale' Campaign

Logitech Announces Launch of Logitech® Pebble Wireless Mouse M350

JRK Group launches Mobile Application for easy investment in shares and mutual funds

'Cordless Matlab Bosch' - Introducing Experiential Mobile Vans to Unveil the Power of Cordless







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019