About Finovel
Finovel is a Financial Services company based in Pune (India) founded in 2024. It offers a platform for lending solutions to consumers. It operates on a B2C model. Its focus areas include Fintech, Lending Platforms and Online Lending. Its legal entity in India is Finovel Fintech Private Limited (U66190PN2024PTC230870). Its competitors include PhoneParLoan, Yaper, UrgentCash, BadaBro and Justap and 2 more; 1 of its 7 listed competitors has raised funding.
Company details
Finovel operates with a B2C model, focusing on offering financial products and advice, fintech, lending platforms, and online lending. Offers a platform for lending solutions to consumers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Pune, India
- SectorsFinancial Services
- Website finovel.in
- Legal Name Finovel Fintech Private Limited
- Date of Incorporation 13 May, 2024
- Jurisdiction Khed, Maharashtra, India
Associated legal entities of Finovel
Finovel operates through Finovel Fintech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finovel Fintech Private Limited CIN U66190PN2024PTC230870 | Active | 13 May 2024 | Khed, Maharashtra | – | – | 3 | View details |
Board of directors of Finovel Fintech Private Limited (Finovel)
Finovel Fintech Private Limited is the primary company behind Finovel. The board of Finovel Fintech Private Limited currently have 3 directors; the longest-serving is Sangram Sunil Patil, appointed in 2024. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sangram Sunil Patil DIN 10625400 | Director | 13 May 2024 | 2 yrs 5 mo | Finovel Fintech Private Limited |
| Amit Kumar Sharma DIN 07973333 | Director | 01 Oct 2024 | 2 yrs | Finovel Fintech Private Limited |
| Shashi Sharma DIN 07441232 | Director | 01 Oct 2024 | 2 yrs | Finovel Fintech Private Limited |
Competitors of Finovel
Finovel has 7 listed competitors in our database, 1 of them funded. They include PhoneParLoan, Yaper, UrgentCash, BadaBro and Justap, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phoneparloan.in | 2015 | Delhi, India | $611,171 | – | Personal loans are provided via an online marketplace for consumers. | |
| yaper.co | 2019 | Delhi, India | – | – | Delivers app-based personal credit lines to individuals for flexible financial solutions. | |
| urgentcash.in | 2001 | Ghaziabad, India | – | – | Offers an app-based platform for personal credit lines. | |
| badabro.com | 2019 | Kolkata, India | – | 1 | Instant loans via app for professionals and students in India. | |
| justap.money | 2016 | Bengaluru, India | – | – | Provides a smartphone-linked credit card for seamless and secure payments. | |
| loanezloan.com | 2020 | Gurugram, India | – | – | LoanEZ is an app-based platform providing access to personal credit lines for users. | |
| epaysa.co | 2019 | Hyderabad, India | – | – | Provides an online platform for credit score analysis and personal lending services. |
Detailed competitors of Finovel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Finovel (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | – | – | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 221.42 M | – | – | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.16 B | USD 1.96 B | 1,440 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.99 B | – | – | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 1.9 B | – | – | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.06 B | USD 813.42 M | 3,231 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 3 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, United Kingdom | USD 852.48 M | – | – |
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Frequently Asked Questions about Finovel
Finovel was founded in 2024.
Finovel is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Finovel operates with a B2C model, focusing on offering financial products and advice, fintech, lending platforms, and online lending. Offers a platform for lending solutions to consumers. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Finovel's top competitors include PhoneParLoan, Yaper and LoanEZ.
Finovel operates through Finovel Fintech Private Limited.
The legal entities of Finovel currently have 3 directors, including Amit Kumar Sharma, Sangram Sunil Patil, Shashi Sharma.