About Finflux
Finflux is a company based in Bengaluru (India) founded in 2010 by Ashok Auty, Binny Gopinath Sreevas, and Vishwas Babu was acquired by M2P Fintech in July 2022.. The company has 93 employees as of April 08, 2024. Finflux offers products and services including Loan Management System (Finflux), Loan Origination System (Finflux), Turing (Core Banking), Prepaid Cards, and UPI Merchant Acquiring Solutions. Finflux operates in a competitive market with competitors including LeaseAccelerator, Open Co, Veefin, FinBox and Finley, among others.
- Headquarter Bengaluru, India
- Employees 93 as on 08 Apr, 2024
- Founders Ashok Auty, Binny Gopinath Sreevas, Vishwas Babu
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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 Conflux Technologies Private Limited
- Date of Incorporation 06 Dec, 2010
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$1.63 M (USD)28.63as on Mar 31, 2023
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Net Profit
$-1.37 M (USD)-1040.17as on Mar 31, 2023
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EBITDA
$-1.3 M (USD)-392.79as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
93
as on Apr 08, 2024
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Acquired by
M2P Fintech
(Jul 06, 2022)
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Products & Services of Finflux
Finflux offers a comprehensive portfolio of products and services, including Loan Management System (Finflux), Loan Origination System (Finflux), Turing (Core Banking), Prepaid Cards, and UPI Merchant Acquiring Solutions. 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.
Manages loan lifecycle with configurable options for financial institutions.
Facilitates loan product creation and scaling for lenders.
Handles banking services and customer onboarding securely.
Enables issuance and management of digital payment cards.
Supports merchant payments and integrations for commerce.
Funding Insights of Finflux
| 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 |
Investors in Finflux
Finflux has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include M2P Fintech. 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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Banking, lending, and payment solutions are provided via custom APIs.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Finflux
| 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 - Finflux
| 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 |
Finflux Comparisons
Competitors of Finflux
Finflux 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 LeaseAccelerator, Open Co, Veefin, FinBox and Finley, 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 |
Cloud-based lease accounting and management solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Loan lifecycle management software is developed for financial institutions.
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| domain | founded_year | HQ Location |
SaaS-based supply chain financing solutions are delivered globally.
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| domain | founded_year | HQ Location |
Developer of digital credit infrastructure and risk intelligence suite
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| domain | founded_year | HQ Location |
Credit cycle management software is provided for business capital oversight.
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| domain | founded_year | HQ Location |
AI-driven loan origination and management software is provided for lenders.
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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 Finflux
Frequently Asked Questions about Finflux
When was Finflux founded?
Finflux was founded in 2010.
Where is Finflux located?
Finflux is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
How many employees does Finflux have?
As of Apr 08, 2024, the latest employee count at Finflux is 93.
What is the annual revenue of Finflux?
Annual revenue of Finflux is $1.63M as on Mar 31, 2023.
What does Finflux do?
Finflux was founded in 2010 in Bengaluru, India, as a provider of cloud-based solutions for the banking and finance industry. Loan lifecycle processes are managed through a suite of products, including origination, management, financial accounting, marketplace integration, app-based lending, alternative data credit scoring, dashboards, reporting, analytics, and API enablement. Operations support digital banks, data analytics, and mobility solutions in the sector.
Who are the top competitors of Finflux?
What products or services does Finflux offer?
Finflux offers Loan Management System (Finflux), Loan Origination System (Finflux), Turing (Core Banking), Prepaid Cards, and UPI Merchant Acquiring Solutions.
Who are Finflux's investors?
Finflux has 1 investor. Key investors include M2P Fintech.
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