Finsire provides a digital infrastructure for RBI-regulated banks and NBFCs to offer loans against mutual funds and shares. This platform enables clients to access instant liquidity by digitally pledging their investments without selling them. The service allows users to maintain their portfolio growth and tax efficiency while securing favorable interest rates and flexible repayment terms.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions face challenges in efficiently aggregating and verifying asset data across multiple sources, leading to delays and increased operational costs in credit management and lending processes. Inefficient asset verification hinders effective decision-making and increases the risk associated with lending against assets.
Solution
Finsire provides a Digital Public Infrastructure (DPI) that aggregates financial data from various sources, offering real-time insights and streamlining credit management. The platform enables financial institutions to enhance decision-making, reduce operational costs, and improve the efficiency of asset verification. Finsire's APIs facilitate fast and precise data integration across multi-account aggregators, secured credit, and analytics. The platform offers customizable data models, secured credit options, and intelligent analytics tools for complete financial services.
Target Audience
Finsire's primary customers include banks, fintech companies, non-banking financial companies (NBFCs), wealth management firms, stock brokers, asset management companies (AMCs), and insurance companies.
Features
- Multi Dynamic Account Aggregator: A central hub where all financial data converges.
- Secured Credit Management: Streamlines the lending process with Loan against Mutual Funds and Shares using a Digital Lien Marking Solution.
- Artificial Intelligence with Analytics: AI-driven insights on user data to turn data into action.
- Customizable data models to meet specific needs.
- Scalable distribution system for fast, precise data integration.
- Secure API for real-time data and faster decision-making.