About Finwego
Finwego is a company based in Chennai (India) founded in 2018. Finwego has raised $2.07 million across 3 funding rounds from investors including Village Capital, Elevation Capital and Michael Yee McCaffrey. The company has 33 employees as of April 06, 2024. Finwego operates in a competitive market with competitors including Navient, Auxilo, Eduvanz, College Ave and ClimbCredit, among others.
- Headquarter Chennai, India
- Employees 33 as on 06 Apr, 2024
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
- Legal Name Mossbrae Solutions Private Limited
- Date of Incorporation 09 Mar, 2018
- Jurisdiction Chennai City Corporation, Tamil Nadu, India
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Annual Revenue
$120.61 K (USD)0as on Mar 31, 2020
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Net Profit
-$535.06 K (USD)0as on Mar 31, 2020
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EBITDA
-$552.36 K (USD)0as on Mar 31, 2020
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Total Equity Funding
$2.07 M (USD)
in 3 rounds
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Latest Funding Round
$1.7 M (USD), Seed
Jun 13, 2019
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Investors
Village Capital
& 12 more
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Employee Count
33
as on Apr 06, 2024
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Funding Insights of Finwego
Finwego has successfully raised a total of $2.07M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.7 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.
Investors in Finwego
Finwego has secured backing from 13 investors, including venture fund and angel investors. Prominent investors backing the company include Village Capital, Elevation Capital and Michael Yee McCaffrey.
| Investor | Description | Founded Year | Domain | Location |
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Entrepreneurship support, ecosystem strengthening, and impact investing services are offered by Village Capital.
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Elevation Capital is focused on early-stage tech investments in India.
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Investor details for Finwego
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Investments & Acquisitions by Finwego
Investment portfolio details for Finwego
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Financial Statements - Finwego
Detailed financials for Finwego
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Finwego Comparisons
Peer comparison for Finwego
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Competitors of Finwego
Finwego 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 Navient, Auxilo, Eduvanz, College Ave and ClimbCredit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Student loans and federal servicing are provided by Navient.
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Financial products for education loans and services are provided.
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Financial assistance is provided for education, career, and skills development.
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Student loans marketplace for undergraduate and graduate education is operated.
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Education loans are offered to students at partner schools.
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Software development and cloud services are provided by Ascent.
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Detailed competitors of Finwego
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Latest news on Finwego
Complete news archive for Finwego
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Frequently Asked Questions about Finwego
Finwego was founded in 2018.
Finwego is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Finwego is a funded company, having raised a total of $2.07M across 3 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Finwego is 33.
Annual revenue of Finwego is $120.61K as on Mar 31, 2020.
Finwego was established in 2018 in Chennai, India, within the financial services sector. An online platform is maintained to provide targeted loans for educational institutions, including growth capital loans, vendor loans, staff loans for personal needs, and student fee loans. Loan approvals are determined by credit scores, intended purpose, and repayment terms, supporting school operations and student financing across India.
Finwego has 13 investors. Key investors include Village Capital, Elevation Capital, Michael Yee McCaffrey, Ignacio Mas, and Gary L Price.