About Fynarfin
Fynarfin is a Financial Services company. It operates as a diversified non-banking financial institution for lending services. It operates on a B2B model. Its Indian entity Fynarfin Tech Private Limited reported revenue of ₹1.98 Cr. Its focus areas include Lending, Non-Banking Finance and Diversified Lending. Similar companies include Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv and 4 more; 6 of its 9 listed similar companies have raised funding.
Company details
Fynarfin operates as a diversified non-banking financial institution for lending services, focusing on offering financial products and advice, facilitating loans and financing, non-banking finance, and diversified lending. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- SectorsFinancial Services
- Website fynarfin.io
- Legal Name Fynarfin Tech Private Limited
- Date of Incorporation 27 Oct, 2018
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹1.98 Cr
FY 2023 · +149% YoY
- Net Profit₹11.1 Lakh
FY 2023 · 6% margin
- EBITDA₹20.9 Lakh
FY 2023 · 11% margin
Associated legal entities of Fynarfin
Fynarfin operates through Fynarfin Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fynarfin Tech Private Limited CIN U74999WB2018PTC228642 | Active | 27 Oct 2018 | Kolkata, West Bengal | ₹2.0 Cr | – | 2 | View details |
Board of directors of Fynarfin Tech Private Limited (Fynarfin)
Fynarfin Tech Private Limited is the primary company behind Fynarfin. The board of Fynarfin Tech Private Limited currently have 2 directors; the longest-serving is Avik Ganguly, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avik Ganguly DIN 08028109 | Director | 27 Oct 2018 | 7 yrs 11 mo | Fynarfin Tech Private Limited |
| Manappillil House Manoj Mohanan DIN 08267614 | Director | 27 Oct 2018 | 7 yrs 11 mo | Fynarfin Tech Private Limited |
Financials of Fynarfin
Figures of Fynarfin Tech Private Limited, the primary company behind Fynarfin, for FY 2023. Revenue was ₹1.98 Cr (+149% year on year). Net profit was ₹11.1 Lakh (6% margin). EBITDA was ₹20.9 Lakh (11% margin). Revenue has grown at a compounded annual rate of +149% over three years.
- ₹1.98 CrRevenue · FY 2023 · +149% YoY
- ₹11.1 LakhNet profit · 6% margin
- ₹20.9 LakhEBITDA · 11% margin
- ₹99,000Paid-up capital
- +149%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Fynarfin Tech Private Limited are on its company page.
Detailed financial statements for Fynarfin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Similar companies to Fynarfin
Fynarfin has 9 listed similar companies in our database, 6 of them funded. They include Manappuram Finance, L & T Finance Holdings, IIFL Finance, Hero Fincorp and Bajaj Finserv, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| manappuram.com | 1992 | Valapad, India | $39.98M | 32,076 | Consumer and SME loans are provided by Manappuram Finance. | |
| ltfs.com | 1994 | Mumbai, India | – | 39,216 | Diversified lending services are provided as a non-banking financial institution. | |
| iifl.com | 1995 | Mumbai, India | – | 16,076 | Online gold, home, personal, and business loans are provided. | |
| herofincorp.com | 1991 | Delhi, India | $274.96M | 3,446 | 2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | |
| bajajfinserv.in | 2007 | Pune, India | – | 53,782 | Financial solutions including loans and insurance are offered. | |
| northernarc.com | 2006 | Chennai, India | $283.47M | 1,139 | Household and business loans are provided with risk management support. | |
| kinaracapital.com | 2011 | Bengaluru, India | $116.69M | 1,580 | Collateral-free loans are provided to MSMEs for business operations. | |
| mahindrafinance.com | 1991 | Mumbai, India | $83.13M | 25,004 | Consumer and SME loans are provided by Mahindra Finance. | |
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. |
Detailed similar companies of Fynarfin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
10 companies that operate in the same segment as Fynarfin (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
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Frequently Asked Questions about Fynarfin
The primary company behind Fynarfin, Fynarfin Tech Private Limited, reported revenue of ₹1.98 Cr for FY 2023, up 149% year on year.
Fynarfin operates as a diversified non-banking financial institution for lending services, focusing on offering financial products and advice, facilitating loans and financing, non-banking finance, and diversified lending. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Fynarfin's top competitors include Manappuram Finance, L & T Finance Holdings and Bajaj Finserv.
Fynarfin operates through Fynarfin Tech Private Limited.
The legal entities of Fynarfin currently have 2 directors, including Avik Ganguly, Manappillil House Manoj Mohanan.