About FinBit
FinBit is a company based in Bengaluru (India) founded in 2017 by Prashant Paliwal was acquired by Yodlee in February 2020. The company has 1 employees as of March 30, 2024. FinBit operates in a competitive market with competitors including Codat, Banked, Yodlee, Bud and Method, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 30 Mar, 2024
- Founders Prashant Paliwal
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Sectors
Financial Services
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Email
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- Legal Name Finbonacci Softsys Private Limited
- Date of Incorporation 26 Dec, 2018
- Jurisdiction Bangalore North, Karnataka, India
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Funding Insights of FinBit
Detailed funding history for FinBit
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Investors in FinBit
FinBit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Yodlee.
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Cloud-based data aggregation and analytics for financial institutions are offered.
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Investor details for FinBit
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Investments & Acquisitions by FinBit
Investment portfolio details for FinBit
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Financial Statements - FinBit
Detailed financials for FinBit
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Finbit Comparisons
Peer comparison for FinBit
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Competitors of FinBit
FinBit 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 Codat, Banked, Yodlee, Bud and Method, among others.
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Developer of cloud-based financial analysis and forecasting solutions for small and medium businesses
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Open banking APIs for payments and data access are provided.
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Cloud-based data aggregation and analytics for financial institutions are offered.
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Bud Financial is focused on transforming transaction data into actionable insights for financial institutions.
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API-enabled debt repayment tools are provided for financial services.
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open banking API solutions
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Detailed competitors of FinBit
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Latest news on Finbit
Complete news archive for FinBit
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Frequently Asked Questions about FinBit
FinBit was founded in 2017.
FinBit is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prashant Paliwal is the current CEO of FinBit. They have also founded this company.
As of Mar 30, 2024, the latest employee count at FinBit is 1.
Annual revenue of FinBit is $931.21K as on Mar 31, 2023.
FinBit provides APIs to financial institutions that allows them to analyze data and generate reports. The company offers bank statement and transaction analysis platform named Fin360 that supports India bank statements in PDF format. Offers an automated data aggregation API named Agg360, that helps the users to connect to the banks. Also Provides a mobile SDK named Mob360, that analyses SMS data, call data and location data for credit use cases and an email API named Email360, that can filter email data for the customers to extract bank statements and generate credit reports.
FinBit has 1 investor. Key investors include Yodlee.