About Infinity

Provides a business banking platform for cross-border SMBs and startups, enabling them to manage multiple global bank accounts, track transactions in real-time, and make multi-currency payments at up to 3x lower costs than traditional banks. The platform also offers treasury management tools to invest idle cash in government securities and automate transaction reconciliation with accounting software, improving financial efficiency and reducing manual workload.

```xml <problem> Cross-border SMBs and startups face challenges in managing global finances due to high transaction costs, lack of transparency in exchange rates, and the complexity of managing multiple bank accounts across different countries. Traditional banking methods often involve hidden fees and slow processing times, creating inefficiencies for businesses operating internationally. </problem> <solution> Infinity provides a business banking platform designed for cross-border SMBs and startups, enabling them to manage global bank accounts, track transactions in real-time, and make multi-currency payments at lower costs. The platform offers transparent FX rates and aims to reduce international payment fees by up to 70% compared to traditional banks. Additionally, Infinity provides treasury management tools that allow businesses to invest idle cash in government securities and automate transaction reconciliation with accounting software. By connecting all bank accounts into a single dashboard, Infinity simplifies international finance, reduces manual workload, and enhances financial efficiency for businesses operating across borders. </solution> <features> - Multi-currency accounts for receiving funds in various currencies. - Cross-border payments with transparent, real-time FX rates and lower fees. - Treasury management tools for investing idle cash in government securities. - Automated transaction reconciliation with accounting software. - Single dashboard to view and manage all connected bank accounts. - Real-time tracking of balances and transactions. - Fast, same-day international money transfers. - Instant remittance certificate generation for compliance. </features> <target_audience> The primary target audience includes cross-border SMBs and startups, particularly those based in India, that require efficient and cost-effective solutions for managing international payments and finances. </target_audience> ```

What does Infinity do?

Where is Infinity located?

Infinity is based in Bengaluru, India.

When was Infinity founded?

Infinity was founded in 2023.

How much funding has Infinity raised?

Infinity has raised 2400000.

Location

Bengaluru, India

Founded

2023

Funding

2400000

Employees

10 employees

Major Investors

Y Combinator

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Infinity

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Executive Summary

infinityapp.in 1K+

Crunchbase

Founded 2023 – Bengaluru, India

Funding

Estimated Funding

$2M+

Major Investors

Y Combinator

Team (10+)

No team information available.

Company Description

Problem

Cross-border SMBs and startups face challenges in managing global finances due to high transaction costs, lack of transparency in exchange rates, and the complexity of managing multiple bank accounts across different countries. Traditional banking methods often involve hidden fees and slow processing times, creating inefficiencies for businesses operating internationally.

Solution

Infinity provides a business banking platform designed for cross-border SMBs and startups, enabling them to manage global bank accounts, track transactions in real-time, and make multi-currency payments at lower costs. The platform offers transparent FX rates and aims to reduce international payment fees by up to 70% compared to traditional banks. Additionally, Infinity provides treasury management tools that allow businesses to invest idle cash in government securities and automate transaction reconciliation with accounting software. By connecting all bank accounts into a single dashboard, Infinity simplifies international finance, reduces manual workload, and enhances financial efficiency for businesses operating across borders.

Features

Multi-currency accounts for receiving funds in various currencies.

Cross-border payments with transparent, real-time FX rates and lower fees.

Treasury management tools for investing idle cash in government securities.

Automated transaction reconciliation with accounting software.

Single dashboard to view and manage all connected bank accounts.

Real-time tracking of balances and transactions.

Fast, same-day international money transfers.

Instant remittance certificate generation for compliance.

Target Audience

The primary target audience includes cross-border SMBs and startups, particularly those based in India, that require efficient and cost-effective solutions for managing international payments and finances.