About Finacus
Finacus is a company based in Mumbai (India) founded in 2007 by Rahul Ayyappan. It operates as a B2B, and SaaS. The company has 270 employees as of March 31, 2023. Finacus offers products and services including FinCORE, FinLUNA, FinLEGAL, FinAMLOR, and FinUPI. Finacus operates in a competitive market with competitors including ION Group, Ezetap, Presto, Backbase and Mswipe, among others.
- Headquarter Mumbai, India
- Employees 270 as on 31 Mar, 2023
- Founders Rahul Ayyappan
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Finacus Solutions Private Limited
- Date of Incorporation 30 Oct, 2007
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$8.61 M (USD)35.68as on Mar 31, 2023
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Net Profit
$3.45 M (USD)78.64as on Mar 31, 2023
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EBITDA
$4.66 M (USD)68.26as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
270
as on Mar 31, 2023
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Products & Services of Finacus
Finacus offers a comprehensive portfolio of products and services, including FinCORE, FinLUNA, FinLEGAL, FinAMLOR, and FinUPI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
End-to-end solution for integrated banking modules and workflows
Streamlines loan origination and management for financial institutions
Monitors and tracks non-performing assets for banks
Detects and reports anti-money laundering activities
Enables real-time payment processing via mobile interfaces
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Funding Insights of Finacus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Finacus
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Finacus
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Finacus Comparisons
Competitors of Finacus
Finacus operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ION Group, Ezetap, Presto, Backbase and Mswipe, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Treasury management solutions are provided for financial institutions and banks.
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| domain | founded_year | HQ Location |
Cloud-based mPOS software and hardware solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Drive-through automation solutions for restaurants are provided using AI.
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| domain | founded_year | HQ Location |
AI-powered banking platforms are provided for operational growth.
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| domain | founded_year | HQ Location |
Point-of-sale machines, soundboxes, and merchant payment solutions are offered.
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| domain | founded_year | HQ Location |
Provider of POS and MPOS solutions for businesses to accept card payments
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Finacus
Frequently Asked Questions about Finacus
When was Finacus founded?
Finacus was founded in 2007.
Where is Finacus located?
Finacus is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
How many employees does Finacus have?
As of Mar 31, 2023, the latest employee count at Finacus is 270.
What is the annual revenue of Finacus?
Annual revenue of Finacus is $8.61M as on Mar 31, 2023.
What does Finacus do?
Finacus Solutions Pvt. Ltd. develops enterprise software to streamline banking processes, including core banking, anti-money laundering, and lending solutions. They integrate modules for efficient workflows and regulatory compliance, serving local and overseas banks. Based in Mumbai, India, they focus on digital tools like mobile banking and real-time payments to enhance customer experiences and operational security.
Who are the top competitors of Finacus?
What products or services does Finacus offer?
Finacus offers FinCORE, FinLUNA, FinLEGAL, FinAMLOR, and FinUPI.