About FSP Solutions
FSP Solutions is a company based in Midrand (South Africa) founded in 1993. It operates as a B2B, and B2C. The company has 179 employees as of March 31, 2023. FSP Solutions offers products and services including Personal Lines Insurance and Commercial Lines Insurance. FSP Solutions operates in a competitive market with competitors including OUTsurance, Ctrl, Fincheck, Hippo and SaveMoney, among others.
- Headquarter Midrand, South Africa
- Employees 179 as on 31 Mar, 2023
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Fsp Solutions Private Limited
- Date of Incorporation 21 Jun, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$952.69 K (USD)2.38as on Mar 31, 2023
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Net Profit
$20.69 K (USD)-4.36as on Mar 31, 2023
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EBITDA
$46.42 K (USD)50.33as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
179
as on Mar 31, 2023
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Products & Services of FSP Solutions
FSP Solutions offers a comprehensive portfolio of products and services, including Personal Lines Insurance and Commercial Lines Insurance. 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.
Protects individuals from financial losses due to property and casualty risks.
Offers coverage for businesses against various operational and risk-related losses.
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Funding Insights of FSP Solutions
| 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 |
Investments & Acquisitions by FSP Solutions
| 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 - FSP Solutions
| 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 |
Fsp Solutions Comparisons
Competitors of FSP Solutions
FSP Solutions 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 OUTsurance, Ctrl, Fincheck, Hippo and SaveMoney, 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 |
Insurance quotes for diverse policies are compared and provided.
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| domain | founded_year | HQ Location |
Ctrl is recognized as a digital insurance advisor platform.
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| domain | founded_year | HQ Location |
Financial products comparison website
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| domain | founded_year | HQ Location |
Insurance prices and benefits are compared for South African consumers.
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| domain | founded_year | HQ Location |
Online comparisons of life and non-life insurance quotes are facilitated.
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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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Frequently Asked Questions about FSP Solutions
When was FSP Solutions founded?
FSP Solutions was founded in 1993.
Where is FSP Solutions located?
FSP Solutions is headquartered in Midrand, South Africa. It is registered at Midrand, Gauteng, South Africa.
How many employees does FSP Solutions have?
As of Mar 31, 2023, the latest employee count at FSP Solutions is 179.
What is the annual revenue of FSP Solutions?
Annual revenue of FSP Solutions is $952.69K as on Mar 31, 2023.
What does FSP Solutions do?
FSP Solutions operates as a short-term insurance provider, offering personal lines for individual protection against property and casualty losses, and commercial lines for businesses to mitigate risks. The company emphasizes innovation, honesty, and integrity in serving the financial sector. Based in South Africa, it delivers tailored insurance solutions to help clients manage financial uncertainties without promotional bias. Activities include product development and client support through various channels.
Who are the top competitors of FSP Solutions?
FSP Solutions's top competitors include OUTsurance, Ctrl and Fincheck.
What products or services does FSP Solutions offer?
FSP Solutions offers Personal Lines Insurance and Commercial Lines Insurance.