About Fincura
Fincura is a company based in Boston (United States) founded in 2016 was acquired by Numerated in December 2021.. Fincura has raised $5.19 million across 2 funding rounds from investors including Numerated, Plug and Play Tech Center and Techstars. Fincura offers products and services including Lending Suite, Ratings, and Investment Research. Fincura operates in a competitive market with competitors including Socure, Alloy, BioCatch, Middesk and AccessPay, among others.
- Headquarter Boston, United States
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Sectors
Financial ServicesTechnology
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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 Fincura, Inc.
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Products & Services of Fincura
Fincura offers a comprehensive portfolio of products and services, including Lending Suite, Ratings, and Investment Research. 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.
Automates commercial loan origination and risk management processes
Provides credit risk assessments for corporate and financial obligations
Offers data-driven research for portfolio and balance sheet management
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Funding Insights of Fincura
Fincura has successfully raised a total of $5.19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.19 million completed in June 2019. 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 Total Funding
- Total Rounds 2
- Last Round Series A — $5.2M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Series A - Fincura | Valuation | Plug and Play Tech Center |
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| Jun, 2018 | Amount | Seed - Fincura | Valuation | Techstars |
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| 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 |
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Investors in Fincura
Fincura has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Numerated, Plug and Play Tech Center and Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Startups are accelerated and invested in across multiple tech sectors.
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Startups are accelerated globally without sector restrictions through structured programs.
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Platform for digitizing credit policies
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Fincura
| 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 - Fincura
| 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 |
Fincura Comparisons
Competitors of Fincura
Fincura 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 Socure, Alloy, BioCatch, Middesk and AccessPay, 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 |
AI-based identity verification and fraud detection are provided.
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Identity decisioning platform is provided for banks and fintech firms.
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Provider of behavioral biometrics cybersecurity solutions
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Risk management solutions for financial institutions are offered.
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Cloud based payment automation and cash management solutions for businesses
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Business data solutions are provided by Enigma for various industries.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Fincura
Frequently Asked Questions about Fincura
When was Fincura founded?
Fincura was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Fincura located?
Fincura is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Fincura a funded company?
Fincura is a funded company, having raised a total of $5.19M across 2 funding rounds to date.
What does Fincura do?
Fincura was established in 2016 in Boston, United States, within the fintech sector. Lending portfolio management solutions are offered to banks and funds, utilizing AI to automate spreading and compliance tracking. Risk management processes are enhanced through integration with existing loan origination and financial reporting systems, supporting operational efficiency in portfolio oversight.
What products or services does Fincura offer?
Fincura offers Lending Suite, Ratings, and Investment Research.
Who are Fincura's investors?
Fincura has 3 investors. Key investors include Numerated, Plug and Play Tech Center, and Techstars.
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