About Finbingo
Finbingo is a company based in Mumbai (India) founded in 2017 by Samir Jayaswal and Sujit Bangar. Finbingo has raised $3.72 million across 3 funding rounds from investors including Systematix, Mangal Keshav and S A Trading. The company has 58 employees. Finbingo offers products and services including Wealth Builder, Tax Planner, Portfolio Doctor, Direct Mutual Fund Investments, and National Pension Scheme. Finbingo operates in a competitive market with competitors including Kristal, Wahed, FundExpert, Elever and Orowealth, among others.
- Headquarter Mumbai, India
- Employees 58
- Founders Samir Jayaswal, Sujit Bangar
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website finbingo.com
- Social LinkedIn X Facebook
- Legal Name Ssba Innovations Limited
- Date of Incorporation 14 Aug, 2017
- Annual Revenue₹14.69 Cr
FY 2025 · +30% YoY
- Net Loss-₹21.69 Cr
FY 2025 · -148% margin
- EBITDA-₹21.23 Cr
FY 2025 · -145% margin
- Total Equity Funding$3.72M (USD)
in 3 rounds
- Latest Funding Round$2.31M (USD), Series A
Apr 2022
- InvestorsSystematix
& 31 more
- Employee Count58
Associated legal entities of Finbingo
Finbingo operates through Ssba Innovations Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ssba Innovations Limited CIN U74999MH2017PLC298565 | Active | 14 Aug 2017 | Mumbai, Maharashtra | ₹14.7 Cr | 46 | 7 | View details |
Products & Services of Finbingo
Finbingo offers a comprehensive portfolio of products and services, including Wealth Builder, Tax Planner, Portfolio Doctor, Direct Mutual Fund Investments, and National Pension Scheme.
Offers customized investment advice based on past investments and future goals.
Provides in-depth reports to reduce customer tax liability up to 26%.
Ranks and analyzes customer portfolios in minutes for quick insights.
Enables zero-commission mutual fund investments for customers.
Integrates retirement planning seamlessly into business platforms.
Funding Insights of Finbingo
Finbingo has successfully raised a total of $3.72M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.31 million completed in April 2022. 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 $3.72M
- Total Rounds 3
- Last Round Series A — $2.31M
- First Round $541,048
(Oct 2020)
- Investors Count 32
All 3 funding rounds of Finbingo 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 |
|---|---|---|---|---|---|
| Apr 2022 | $2.31M | Series A | $38.47M | Zenith Group | |
| Oct 2021 | $865,514 | Seed | $5.24M | – | |
| Oct 2020 | $541,048 | Seed | $••••• | Zenith Group | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $38.47M | •••••••• |
| Oct 2021 | $5.24M | •••••••• |
| Oct 2020 | $••••• | •••••••• |
Full valuation and stage history of Finbingo
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $38.47M (Apr 2022). 32 investors in total: 5 institutional and 27 angel.
Investors in Finbingo
Finbingo has secured backing from 32 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Systematix, Mangal Keshav and S A Trading.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity is directed toward multiple sectors by the firm. | – | mansunconsultancy.tcc.mode | Chennai, India | |
Stock brokerage services are provided to investors in India. | 1985 | systematixgroup.in | Mumbai, India | |
- | – | satrading.tcc.mode | - | |
Diversified conglomerates operates across multiple industries | – | zenith.global | Dubai, United Arab Emirates | |
Stock broking and financial services in India. | 1939 | mangalkeshav.com | Mumbai, India | |
AU Atul Umakant Rege | - | – | unknown_9addfbf78e904b34b | - |
AB Anita Baburao Waghmare | - | – | unknown_4811490e59a645958 | - |
SR Srinivas Reddy | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_f1c8bb864e75403aa | - |
KM Krishnaswamy Mohan | - | – | unknown_ebe5d8ac51e8491c8 | - |
RC Rahul Chavan | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_ee52d0802b1f4612a | - |
Investor details for Finbingo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ssba Innovations Limited (Finbingo)
Ssba Innovations Limited is the primary company behind Finbingo. The board of Ssba Innovations Limited currently have 4 directors; the longest-serving is Atul Umakant Rege, appointed in 2017. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Atul Umakant Rege DIN 01235578 | Whole-time director | 14 Aug 2017 | 9 yrs 1 mo | Ssba Innovations Limited |
| Sujit Sudhakar Bangar DIN 07871115 | Managing Director | 14 Aug 2017 | 9 yrs 1 mo | Ssba Innovations Limited |
| Aparna Morale Arun DIN 05332039 | Director | 02 Jan 2019 | 7 yrs 9 mo | Ssba Innovations Limited |
| Rupesh Pachori DIN 10474987 | Director | 04 Nov 2024 | 1 yr 11 mo | Ssba Innovations Limited |
People of Finbingo
2 people are tracked at Finbingo (2 in leadership); the tracked headcount is 58.
| Name | Role | Group |
|---|---|---|
Samir Jayaswal | Co-Founder | Leadership |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Finbingo
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 Finbingo
Figures of Ssba Innovations Limited, the primary company behind Finbingo, for FY 2025. Revenue was ₹14.69 Cr (+30% year on year). Net loss was -₹21.69 Cr (-148% margin). EBITDA was -₹21.23 Cr (-145% margin). Revenue has grown at a compounded annual rate of +95% over three years and +187% over five years.
- ₹14.69 CrRevenue · FY 2025 · +30% YoY
- -₹21.69 CrNet loss · -148% margin
- -₹21.23 CrEBITDA · -145% margin
- ₹16.87 CrPaid-up capital
- 46Employees (provident fund records)
- +95%Revenue CAGR, 3 years
- +187%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ssba Innovations Limited are on its company page.
Detailed financial statements for Finbingo
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Finbingo
4 dated milestones of Finbingo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Finbingo is founded.
- Funding First funding round of $541K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.3M.
Competitors of Finbingo
Finbingo 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 Kristal, Wahed, FundExpert, Elever and Orowealth, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kristal.ai | 2016 | Singapore | $19.1M | 42 | AI-based asset management is offered for individual investors. | |
| wahed.com | 2017 | New York, United States | $95M | – | Shariah-compliant investments and savings are offered to individuals. | |
| fundexpert.in | 2016 | Bengaluru, India | $88,816 | 4,379 | Automated mutual fund investing platform | |
| elever.app | 2020 | Bengaluru, India | $4.76M | 12 | Goal-based investments are enabled via an app-based platform. | |
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. | |
| goalwise.com | 2015 | Delhi, India | $1M | 4 | Goal-based investing platform | |
| reliancesmartmoney.com | 2005 | Mumbai, India | – | 1 | Provider of online platform for trading stocks, mutual funds, and insurance | |
| wealthapp.com | 2016 | Bengaluru, India | $610,625 | – | Algorithm-driven investment advisory services are offered via mobile app. | |
| arthayantra.com | 2007 | Hyderabad, India | $1.17M | 9 | Personal finance planning is enabled via a web-based platform. |
Detailed competitors of Finbingo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Finbingo
The website of Finbingo (finbingo.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▼ 14.6% vs previous month
Latest news on Finbingo
Complete news archive for Finbingo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Finbingo
10 companies that operate in the same segment as Finbingo (Investment & Financial Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.73 B | USD 2.98 B | 2,300 | |
Online exchange platform for cryptocurrency | 2017 | Ta Xbiex, Malta | USD 2.02 B | – | – | |
Online social trading platform for cryptocurrency, stocks, ETFs, and CFDs | 2007 | Tel Aviv, Israel | USD 422.94 M | USD 925.73 M | – | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | – | – | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 | |
App-based automated investment and retirement planning platform | 2010 | New York, New York, United States | USD 335 M | – | – | |
Money Forward is engaged in providing financial technology solutions. | 2012 | Minato, Tokyo, Japan | USD 42.9 M | USD 322.51 M | 2,600 | |
Wealth management solutions are delivered for investment advisors. | 2009 | Mountain View, California, United States | USD 759.1 M | – | – |
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Frequently Asked Questions about Finbingo
Finbingo was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Finbingo is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Finbingo is a funded company, having raised a total of $3.72M across 3 funding rounds to date. The company's 1st funding round was a Seed of $541.05K, raised on Oct 2020.
Finbingo has 58 employees.
The primary company behind Finbingo, Ssba Innovations Limited, reported revenue of ₹14.69 Cr for FY 2025, up 30% year on year.
Finbingo was founded in 2017 in Mumbai, India, as an AI-driven platform in the fintech sector. Financial advisory services are delivered through robo-advisory tools, including Finbingo Wealth Builder for wealth aggregation and planning, Finbingo Tax Planner for tax optimization, and Financial Life Goals for personalized future assessments. Research tools for mutual funds, tax-efficient savings, and goal-based investments are also offered to users.
Finbingo's top competitors include Kristal, Wahed and FundExpert.
Finbingo offers Wealth Builder, Tax Planner, Portfolio Doctor, Direct Mutual Fund Investments, and National Pension Scheme.
Finbingo has 32 investors. Key investors include Systematix, Mangal Keshav, S A Trading, Zenith Global, and Mansun Consultancy.
The valuation of Finbingo is $38.47M as of Apr 2022.
Finbingo operates through Ssba Innovations Limited.
The legal entities of Finbingo currently have 7 directors, including Atul Umakant Rege, Rupesh Pachori, Aparna Morale Arun and others.