About MagikFin
MagikFin is a Financial Services company based in Bengaluru (India) founded in 2022 by Prateek Nawal and Sourabh Jain. It operates a digital hub for automating compliance document management. It operates on a B2B model. The company has 1 employees. Its Indian entity Cuentas Technologies Private Limited reported revenue of ₹1 Lakh. Its focus areas include FinTech, Compliance and Document Management.
Company details
MagikFin operates a digital hub for automating compliance document management through offering financial products and advice, innovating financial technology, compliance, and managing documents. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Employees 1
- Founders Prateek Nawal, Sourabh Jain
- SectorsFinancial Services
- Website magikfin.com
- Legal Name Cuentas Technologies Private Limited
- Date of Incorporation 05 Oct, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1 Lakh
FY 2025 · -96% YoY
- Net Loss-₹5.9 Lakh
FY 2025 · -577% margin
- EBITDA-₹1 Lakh
FY 2025 · -103% margin
- Employee Count1
Associated legal entities of MagikFin
MagikFin operates through Cuentas Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cuentas Technologies Private Limited CIN U74999KA2020PTC139339 | Active | 05 Oct 2020 | Bangalore, Karnataka | ₹0.0 Cr | 4 | View details |
Board of directors of Cuentas Technologies Private Limited (MagikFin)
Cuentas Technologies Private Limited is the primary company behind MagikFin. The board of Cuentas Technologies Private Limited currently have 4 directors; the longest-serving is Prateek Nawal, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prateek Nawal DIN 07418821 | Director | 05 Oct 2020 | 6 yrs 1 mo | Cuentas Technologies Private Limited |
| Raman Daga DIN 07365105 | Director | 05 Oct 2020 | 6 yrs 1 mo | Cuentas Technologies Private Limited |
| Sourabh Jain DIN 07392069 | Director | 05 Oct 2020 | 6 yrs 1 mo | Cuentas Technologies Private Limited |
| Pankaj Nihal Chand Mehta DIN 07394800 | Director | 05 Oct 2020 | 6 yrs 1 mo | Cuentas Technologies Private Limited |
People of MagikFin
2 people are tracked at MagikFin (2 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for MagikFin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MagikFin
Figures of Cuentas Technologies Private Limited, the primary company behind MagikFin, for FY 2025. Revenue was ₹1 Lakh (-96% year on year). Net loss was -₹5.9 Lakh (-577% margin). EBITDA was -₹1 Lakh (-103% margin).
- ₹1 LakhRevenue · FY 2025 · -96% YoY
- -₹5.9 LakhNet loss · -577% margin
- -₹1 LakhEBITDA · -103% margin
- ₹5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Cuentas Technologies Private Limited are on its company page.
Detailed financial statements for MagikFin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about MagikFin
MagikFin was founded in 2022.
MagikFin is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MagikFin has 1 employees.
The primary company behind MagikFin, Cuentas Technologies Private Limited, reported revenue of ₹1 Lakh for FY 2025, down 96% year on year.
MagikFin operates a digital hub for automating compliance document management through offering financial products and advice, innovating financial technology, compliance, and managing documents. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
MagikFin operates through Cuentas Technologies Private Limited.
The legal entities of MagikFin currently have 4 directors, including Prateek Nawal, Raman Daga, Sourabh Jain and others.