About Finchain
Finchain is a company based in Bengaluru (India) founded in 2018 by Joseph Abraham and R Gupta.. Finchain offers products and services including Finchain Score and Invoice Platform. Finchain operates in a competitive market with competitors including VoloFin, GetUnion, Invox Finance, Credore and Spathion, among others.
- Headquarter Bengaluru, India
- Founders Joseph Abraham, R Gupta
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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 Phinchain Technologies Private Limited
- Date of Incorporation 03 Apr, 2019
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$5.61 K (USD)0as on Mar 31, 2022
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Net Profit
$-19.53 K (USD)31.76as on Mar 31, 2022
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EBITDA
$-19.61 K (USD)31.34as on Mar 31, 2022
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Finchain
Finchain offers a comprehensive portfolio of products and services, including Finchain Score and Invoice Platform. 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.
Assesses credit limits based on business data for funding
Enables invoice uploading and fast cash disbursements
Funding Insights of Finchain
| 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 Finchain
| 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 - Finchain
| 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 |
Finchain Comparisons
Competitors of Finchain
Finchain 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 VoloFin, GetUnion, Invox Finance, Credore and Spathion, 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 |
Blockchain-based platform for invoice financing
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| domain | founded_year | HQ Location |
Blockchain-based bill discounting platform is provided for short-term investments.
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| domain | founded_year | HQ Location |
Offers blockchain-based invoice lending services for businesses.
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| domain | founded_year | HQ Location |
Blockchain-based solutions for financial supply chain management are provided.
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| domain | founded_year | HQ Location |
Operates a blockchain-enabled marketplace for invoice financing solutions.
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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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Frequently Asked Questions about Finchain
When was Finchain founded?
Finchain was founded in 2018.
Where is Finchain located?
Finchain is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What is the annual revenue of Finchain?
Annual revenue of Finchain is $5.61K as on Mar 31, 2022.
What does Finchain do?
The fintech company Finchain was founded in 2018 in Bengaluru, India. Invoice financing is offered based on a proprietary credit score, with trade receivables used as collateral to support business funding. Creditworthiness is evaluated through a digital onboarding process, and credit limits are assigned. Invoices are uploaded by users, discount rates are specified, and approved funds are deposited directly into bank accounts. Blockchain technology is applied to secure all transactions.
Who are the top competitors of Finchain?
What products or services does Finchain offer?
Finchain offers Finchain Score and Invoice Platform.