About ConfirmU
ConfirmU is a Financial Services company based in Singapore (Singapore) founded in 2018 by Nemmara Chithambaram, Raju Chithambaram, Clare McCaffery, and Yatir Zaluski. Alternative credit scores are generated for institutional risk profiling. ConfirmU has raised $150 thousand across 5 funding rounds from investors including Globalization Partners, ADP and DIFC. The company has 1 employees. Its chief executive, as recorded, is Yatir Zaluski. Its Indian entity Flipscore India Private Limited reported revenue of ₹3.8 Lakh. ConfirmU offers products and services including Psychometric Credit Scoring Tool and Hybrid Risk Model. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Credit Assessment.
Company details
ConfirmU was founded in 2018 in Singapore and operates in the fintech sector. A white-labeled mobile SDK service is provided to lenders for alternative credit scoring. Risk profiles are created through a hybridized model that analyzes unbanked individuals payment histories via e-wallet spending patterns and text from instant messaging apps. Psycholinguistic indicators are derived to assess real-time willingness to repay loans.
- Headquarters Singapore, Singapore
- Employees 1
- Founders Nemmara Chithambaram, Raju Chithambaram, Clare McCaffery, Yatir Zaluski
- SectorsFinancial Services
- Website confirmu.com
- Social LinkedIn X Facebook
- Legal Name Flipscore India Private Limited
- Date of Incorporation 17 Aug, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹3.8 Lakh
FY 2024 · +2438% YoY
- Indian entity net loss-₹2.43 Cr
FY 2024 · -6372% margin
- Indian entity EBITDA-₹2.33 Cr
FY 2024 · -6099% margin
- Total Equity Funding$150K (USD)
in 5 rounds
- InvestorsGlobalization Partners
& 6 more
- Employee Count1
Associated legal entities of ConfirmU
ConfirmU operates through Flipscore India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Flipscore India Private Limited CIN U74999MH2022FTC388664 | Active | 17 Aug 2022 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of ConfirmU
ConfirmU offers a comprehensive portfolio of products and services, including Psychometric Credit Scoring Tool and Hybrid Risk Model.
Interactive game evaluating credit risk via behavioral traits
Predictive model for consumer and SME credit assessment
Funding Insights of ConfirmU
ConfirmU has successfully raised a total of $150K across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $150,000
- Total Rounds 5
- Investors Count 7
All 5 funding rounds of ConfirmU with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2022 | Seed | – | DIFC | – | |
| Apr 2022 | Grant | – | – | ||
| Aug 2021 | $150,000 | Seed | – | MOX | – |
| Jun 2020 | Seed | – | Orbit Startups | – | |
| Aug 2019 | Seed | – | The Holt Xchange | – |
7 investors in total: 7 institutional.
Investors in ConfirmU
ConfirmU has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Globalization Partners, ADP and DIFC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
Mobile startups are accelerated via SOSV-backed 3-month program. | mobileonlyx.com | Taipei, Taiwan | ||
Startups are incubated across sectors without restrictions. | orbitstartups.com | Shanghai, China | ||
Early-stage fintech investments are facilitated by Holt Xchange. | holtxchange.com | Montreal, Canada | ||
Global financial centre promoting trade, investment, and innovation in Dubai. | 2004 | difc.ae | Dubai, United Arab Emirates | |
Global teams are hired via AI platform without subsidiaries. | 2012 | globalization-partners.com | Boston, United States | |
Cloud-based HR management solutions are offered for payroll and compliance. | 1949 | adp.com | Roseland, United States |
Investor details for ConfirmU
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Flipscore India Private Limited (ConfirmU)
Flipscore India Private Limited is the primary company behind ConfirmU. The board of Flipscore India Private Limited currently have 2 directors; the longest-serving is Yatir Zaluski, appointed in 2022. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Yatir Zaluski DIN 09706125 | Director | 17 Aug 2022 | 4 yrs 2 mo | Flipscore India Private Limited |
| Rohit Arun Shinde DIN 06370480 | Director | 08 Apr 2024 | 2 yrs 6 mo | Flipscore India Private Limited |
People of ConfirmU
4 people are tracked at ConfirmU (4 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Nemmara Chithambaram | Co-Founder | Leadership |
Raju Chithambaram | Co-Founder & CTO | Leadership |
Clare McCaffery | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for ConfirmU
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ConfirmU
Figures of Flipscore India Private Limited, the primary company behind ConfirmU, for FY 2024. Revenue was ₹3.8 Lakh (+2438% year on year). Net loss was -₹2.43 Cr (-6372% margin). EBITDA was -₹2.33 Cr (-6099% margin).
- ₹3.8 LakhRevenue · FY 2024 · +2438% YoY
- -₹2.43 CrNet loss · -6372% margin
- -₹2.33 CrEBITDA · -6099% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Flipscore India Private Limited are on its company page.
Detailed financial statements for ConfirmU
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of ConfirmU
3 dated milestones of ConfirmU across 4 years, from founding to its latest funding, stage changes and deals.
- Founded ConfirmU is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
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Related news about Confirmu
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Frequently Asked Questions about ConfirmU
ConfirmU was founded in 2018 and raised its 1st funding round 1 year after it was founded.
ConfirmU is headquartered in Singapore, Singapore.
Yatir Zaluski is the CEO of ConfirmU, as recorded in our data. They have also founded this company.
ConfirmU is a funded company, having raised a total of $150K across 5 funding rounds to date.
ConfirmU has 1 employees.
The primary company behind ConfirmU, Flipscore India Private Limited, reported revenue of ₹3.8 Lakh for FY 2024, up 2438% year on year.
ConfirmU was founded in 2018 in Singapore and operates in the fintech sector. A white-labeled mobile SDK service is provided to lenders for alternative credit scoring. Risk profiles are created through a hybridized model that analyzes unbanked individuals payment histories via e-wallet spending patterns and text from instant messaging apps. Psycholinguistic indicators are derived to assess real-time willingness to repay loans.
ConfirmU offers Psychometric Credit Scoring Tool and Hybrid Risk Model.
ConfirmU has 7 investors. Key investors include Globalization Partners, ADP, DIFC, B Capital, and MobileOnlyX.
ConfirmU operates through Flipscore India Private Limited.
The legal entities of ConfirmU currently have 2 directors, including Yatir Zaluski, Rohit Arun Shinde.