About Finzly
Finzly is a Financial Services company based in Charlotte (United States) founded in 2012 by Booshan Rengachari. Provider of software solutions for the banking industry. Finzly has raised $10 million across 1 funding round from investors including TZP Group. The company has 91 employees. Its chief executive, as recorded, is Booshan Rengachari. Its website finzly.com draws about 12 thousand monthly visits. Its Indian entity Finzly India (R &D) Private Limited reported revenue of ₹5.05 Cr. Finzly offers products and services including Payment Hub, FedNow, Fedwire, and RTP. Its focus areas include FinTech, Banking Tech and Banking Software Suite. Its competitors include Fiserv, Jack Henry and Blend; 1 of its 3 listed competitors has raised funding.
Company details
Finzly was founded in 2012 and is headquartered in Charlotte, United States. Software solutions for the banking sector are offered through a platform that encompasses core banking features such as payment hubs, lending systems, account opening processes, and open banking capabilities. Online banking tools for consumer and commercial use are included, along with international options like trade finance and foreign exchange systems.
- Headquarters Charlotte, United States
- Employees 91
- Founders Booshan Rengachari
- SectorsFinancial Services
- Phone•••• ••••
- Website finzly.com
- Social LinkedIn X
- Legal Name Finzly India (R &D) Private Limited
- Date of Incorporation 14 May, 2019
- Jurisdiction Pune, Maharashtra, India
- Indian entity revenue₹5.05 Cr
FY 2021 · +52% YoY
- Indian entity net loss-₹11.4 Lakh
FY 2021 · -2% margin
- Indian entity EBITDA-₹8.1 Lakh
FY 2021 · -2% margin
- Total Equity Funding$10M (USD)
in 1 rounds
- Latest Funding Round$10M (USD), Series A
Oct 2023
- Investors
- Employee Count91
Associated legal entities of Finzly
Finzly operates through Finzly India (R &D) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Finzly India (R &D) Private Limited CIN U74999PN2019FTC184119 | Active | 14 May 2019 | Pune, Maharashtra | ₹5.1 Cr | 91 | 2 | View details |
Products & Services of Finzly
Finzly offers a comprehensive portfolio of products and services, including Payment Hub, FedNow, Fedwire, and RTP.
Platform for managing various payment types securely
Solution for real-time payment processing
System for high-value electronic funds transfers
Network for instant fund transfers between accounts
Funding Insights of Finzly
Finzly has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in October 2023. 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 $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(Oct 2023)
- Investors Count 1
All 1 funding rounds of Finzly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2023 | $10M | Series A | – | TZP Group | – |
1 investors in total: 1 institutional.
Investors in Finzly
Finzly has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include TZP Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in multiple sectors | tzpgroup.com | New York, United States |
Investor details for Finzly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Finzly India (R &D) Private Limited (Finzly)
Finzly India (R &D) Private Limited is the primary company behind Finzly. The board of Finzly India (R &D) Private Limited currently have 2 directors; the longest-serving is Vidhya Rengachari, appointed in 2022. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vidhya Rengachari DIN 09540032 | Additional Director | 30 Mar 2022 | 4 yrs 6 mo | Finzly India (R &D) Private Limited |
| Brindha Rengachari DIN 11138323 | Director | 13 May 2025 | 1 yr 5 mo | Finzly India (R &D) Private Limited |
People of Finzly
88 people are tracked at Finzly (22 in leadership, 66 in team); the tracked headcount is 91.
| Name | Role | Group |
|---|---|---|
Booshan Rengachari | Founder & CEO | Leadership |
Tej S. | Sr Director Of Engr | Leadership |
Marc Schroeder | Chief Marketing Officer (cmo) | Leadership |
Atul C. | Director Of Payments | Leadership |
Pat Szewczyk | Head Of Global Trade & Product Delivery | Leadership |
Adam Carson | CFO | Leadership |
Robert Coakley | Head of Partnerships | Leadership |
Srinivas Chintakrinda | Senior Director - Payment Product Mgmt | Leadership |
Dharmesh Patel | Vice President, Customer Success | Leadership |
Hardik Rupani | Director Of Finance, Legal And Operations | Leadership |
Vijay Vardhan | Vice President Of Products - Payments | Leadership |
Aarthie Ramachandran | Chief Of Staff | Leadership |
Brian Anderson | Vice President, Banking Transformation | Leadership |
Mark Dumolien | Vice President Of Client Success | Leadership |
Karunanithi Kathiresan | Vice President of Sales | Leadership |
Ritwik Unhale | Associate Director - Products | Leadership |
Murthy Balusu | CTO | Leadership |
Bharathkumar Mayakrishnan | Head Of Human Resources | Leadership |
Suja Ramakrishnan | VP of Marketing | Leadership |
Vikas Mane | Vice President , Head Of Capital Markets | Leadership |
68 more people are available in the full profile.
Complete people profiles for Finzly
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Finzly
Figures of Finzly India (R &D) Private Limited, the primary company behind Finzly, for FY 2021. Revenue was ₹5.05 Cr (+52% year on year). Net loss was -₹11.4 Lakh (-2% margin). EBITDA was -₹8.1 Lakh (-2% margin).
- ₹5.05 CrRevenue · FY 2021 · +52% YoY
- -₹11.4 LakhNet loss · -2% margin
- -₹8.1 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
- 91Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Finzly India (R &D) Private Limited are on its company page.
Detailed financial statements for Finzly
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Finzly
2 dated milestones of Finzly across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Finzly is founded.
- Funding First funding round of $10.0M.
Competitors of Finzly
Finzly has 3 listed competitors in our database, 1 of them funded. They include Fiserv, Jack Henry and Blend.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fiserv.com | 1984 | United States | 42,000 | Diversified financial solutions for business processing and management are provided. | ||
| jackhenry.com | 1976 | Monett, United States | 7,120 | Banking and payments solutions are provided through a dedicated platform. | ||
| blend.com | 2012 | San Francisco, United States | $685M | 1,826 | Digital solutions for mortgage and consumer lending are provided. |
Detailed competitors of Finzly
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Finzly
The website of Finzly (finzly.com) receives about 12.4K visits a month.
- Monthly visits12.4K
▼ 0.8% vs previous month
Websites whose visitors overlap most with Finzly. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hypepotamus.com | 100% | 21.8K | #1,323,716 | View details | |
| theclearinghouse.org | 97% | #684,238 | View details | ||
| volantetech.com | 96% | 15.9K | #1,637,257 | View details | |
| finix.com | 90% | 85.4K | #470,243 | View details | |
| finastra.com | 88% | 213.5K | #188,679 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Finzly
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Finzly (Banking & FinTech Platforms) in United States, 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 | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Finzly
Complete news archive for Finzly
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Frequently Asked Questions about Finzly
Finzly was founded in 2012 and raised its 1st funding round 11 years after it was founded.
Finzly is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Booshan Rengachari is the CEO of Finzly, as recorded in our data. They have also founded this company.
Finzly is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Oct 2023.
Finzly has 91 employees.
The primary company behind Finzly, Finzly India (R &D) Private Limited, reported revenue of ₹5.05 Cr for FY 2021, up 52% year on year.
Finzly was founded in 2012 and is headquartered in Charlotte, United States. Software solutions for the banking sector are offered through a platform that encompasses core banking features such as payment hubs, lending systems, account opening processes, and open banking capabilities. Online banking tools for consumer and commercial use are included, along with international options like trade finance and foreign exchange systems.
Finzly's top competitors include Blend, Fiserv and Jack Henry.
Finzly offers Payment Hub, FedNow, Fedwire, and RTP.
Finzly has 1 investor. Key investors include TZP Group.
Finzly operates through Finzly India (R &D) Private Limited.
The legal entities of Finzly currently have 2 directors, including Vidhya Rengachari, Brindha Rengachari.