The startup develops a fintech platform that leverages advanced technology and strategic partnerships with leading financial institutions to enhance financial sales processes. By providing a transparent business model, the platform allows businesses to concentrate on core operations while efficiently managing their financial services needs.
Funding
$2.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Direct Selling Agents (DSAs) often face challenges in efficiently managing leads, accessing diverse financial products, and maintaining streamlined back-end operations, which can hinder their business growth and profitability. Furthermore, customers often lack convenient tools to assess and compare various financial products, leading to suboptimal choices.
Solution
Finqy provides a technology platform designed to empower DSAs by offering tools for lead management, cross-selling, and operational support. The platform enables partners to track leads, leverage intelligent analytics to monetize customer data, and access end-to-end support for back-end processes. Finqy also offers industry-first financial sales tools like "Test My Loan," "Test My Card," and "Test My Policy" to assist customers in making informed decisions about loans, credit cards, and insurance plans. By digitizing operations and providing access to a fast-growing financial network, Finqy aims to be a comprehensive solution for financial product distribution.
Target Audience
Finqy primarily targets Direct Selling Agents (DSAs) and financial service providers looking to enhance their business operations, increase profitability, and provide better services to their customers.
Features
- Lead management dashboard for tracking and managing leads in one place
- Cross-sell engine utilizing intelligent analytics to monetize existing customer data
- Servicing support for managing back-end operations
- Simple dashboards for visualizing lead status and sales performance
- Plug & Play Bank Codes for immediate lead integration
- Automated processes for leads, customers, team, and payout management
- "Test My Loan" tool for customers to reassess existing loans
- "Test My Card" tool for credit card comparison and upgrades
- "Test My Policy" tool for automated health insurance plan recommendations
- "My Loan Bhai" tool for instant personal loan eligibility reports
- Car Par Loan for raising funds against a car's value
- Mobile application for lead management and commission tracking