infoMICROFIN logo — company profile

infoMICROFIN

Founded 2017 India Chennai, India 2 employees Seed Total: $4.50M AI, Financial Services +5

General Information

Company Name infoMICROFIN
Founded Year 2017
Location India Chennai, India
Employees 2
Industries AI, Financial Services, Fintech +4
Funding Stage Seed
Social

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About infoMICROFIN

infoMICROFIN is a financial technology startup based in India that was founded in 2017. The company focuses on revolutionizing the microfinance industry through digital solutions. Their flagship product, infoMICROFIN Platform, aims to facilitate the creation of a digital platform that can operate on both tablets and desktops, offering an opportunity for microfinance companies to transform their businesses digitally.

The platform is known for its customizability, modularity, and robust scalable technology, providing a rare combination of flexibility and sturdiness to support various business operations for financial organizations. It also offers support for digital technology for document imaging and archiving, reducing inefficiencies caused by paper handling and allowing microfinance banks to meet the needs of microfinance organizations.

Emphasizing on automation, infoMICROFIN streamlines customer enrollment, loan disbursement, and collection processes using efficient, fool-proof, and cutting-edge technology designed to provide real-time data merging with the CBS database. The startup received a Seed Round investment of INR1.50M on 19 July 2018.

Business keywords: Microfinance, Digital solutions, Financial technology, Digital platform, Cloud-based, Loan management, Automated processes, Document imaging, Customer enrollment, CBS database integration, Modular platform, Scalable technology

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round INR1.50M -
19 Jul 2018
Pre Seed Round INR3.00M 1
WhileOfOne Innovation Labs (A Tech Venture firm)
01 Apr 2018

infoMICROFIN Alternatives & Competitors

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infoMICROFIN vs
OpenCBS
OpenCBS Hong Kong S.a.r.

Affordable, scalable banking technology for the financial services industry

Non Equity Assistance
4 employees
Finance, Financial Services
infoMICROFIN vs
awamo GmbH
awamo GmbH Germany

Creating a microfinance business platform for Africa

Seed
10 employees
Financial Services, Fintech
infoMICROFIN vs
LendFoundry
LendFoundry United States

Full stack technology platform for lenders to run lending products digitally

76 employees
Fintech, Information Technology

FAQ About infoMICROFIN

infoMICROFIN Digital solutions have the potential to revolutionise MicroFinance industry. The solution offered by infoMICROFIN has the potential to prove a game changer for this industry. infoMICROFIN Platform, the company is building to facilitate creation of Digital Platform that can work on both...
infoMICROFIN was founded in 2017.
infoMICROFIN is headquartered in Chennai, India.
infoMICROFIN operates in AI, Financial Services, Fintech, Information Technology, Internet, Robotics and SaaS. Its work centres on Microfinance, Digital solutions, Financial technology and Digital platform.
infoMICROFIN has approximately 2 employees.
infoMICROFIN has completed 2 funding rounds, raising a total of $4.50M. The latest funding stage is Seed.
Top alternatives and competitors to infoMICROFIN include OpenCBS, awamo GmbH, LendFoundry, Nivaura, Neofin solutions . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
infoMICROFIN and OpenCBS are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for infoMICROFIN, https://bouncewatch.com/company/infomicrofin, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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