About MoMoney
MoMoney is a Technology company based in Bengaluru (India) founded in 2022 by Sumit Agarwal, Manasvi Saxena, and Nimitt Juneja. Investment and savings solutions with credit features are offered. The company has 5 employees. MoMoney offers products and services including MoMoney App, Stash, and Expert-made Baskets. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Financial Planners and Advisors. Its legal entity in India is 1Millisecond Financial Technologies Private Limited (U67100KA2022PTC167036). Its competitors include Dezerv, Wealthy and Nivesh; 3 of its 3 listed competitors have raised funding.
Company details
MoMoney was founded in 2022 in Bengaluru, India, operating in the fintech sector. Investment baskets tailored to user goals are provided, along with automated investing options. A credit limit secured by investments is accessible, allowing spending without halting growth. Mutual funds and high-interest fixed deposits are also available, complemented by instant withdrawal features for invested funds.
- Headquarters Bengaluru, India
- Employees 5
- Founders Sumit Agarwal, Manasvi Saxena, Nimitt Juneja
- SectorsTechnology
- Email••••••••
- Website momoney.in
- Social LinkedIn X Instagram
- Legal Name 1Millisecond Financial Technologies Private Limited
- Date of Incorporation 13 Oct, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹93,710
FY 2024 · +4685400% YoY
- Net Loss-₹10.2 Lakh
FY 2024 · -1091% margin
- EBITDA-₹2.9 Lakh
FY 2024 · -315% margin
- Employee Count5
Associated legal entities of MoMoney
MoMoney operates through 1Millisecond Financial Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 1Millisecond Financial Technologies Private Limited CIN U67100KA2022PTC167036 | Active | 13 Oct 2022 | Bangalore, Karnataka | ₹0.0 Cr | 5 | 3 | View details |
Products & Services of MoMoney
MoMoney offers a comprehensive portfolio of products and services, including MoMoney App, Stash, and Expert-made Baskets.
App for managing savings and investments securely.
High-return savings option with instant withdrawals.
Personalized baskets for goal-based investing.
Apps and channels of MoMoney
MoMoney publishes 1 mobile app with over 10K+ downloads.
Board of directors of 1Millisecond Financial Technologies Private Limited (MoMoney)
1Millisecond Financial Technologies Private Limited is the primary company behind MoMoney. The board of 1Millisecond Financial Technologies Private Limited currently have 3 directors; the longest-serving is Manasvi Saxena, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manasvi Saxena DIN 09764706 | Director | 13 Oct 2022 | 4 yrs | 1Millisecond Financial Technologies Private Limited |
| Nimitt Juneja DIN 09764707 | Director | 13 Oct 2022 | 4 yrs | 1Millisecond Financial Technologies Private Limited |
| Sumit Agarwal DIN 09764708 | Director | 13 Oct 2022 | 4 yrs | 1Millisecond Financial Technologies Private Limited |
People of MoMoney
3 people are tracked at MoMoney (3 in leadership); the tracked headcount is 5.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for MoMoney
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 MoMoney
Figures of 1Millisecond Financial Technologies Private Limited, the primary company behind MoMoney, for FY 2024. Revenue was ₹93,710 (+4685400% year on year). Net loss was -₹10.2 Lakh (-1091% margin). EBITDA was -₹2.9 Lakh (-315% margin).
- ₹93,710Revenue · FY 2024 · +4685400% YoY
- -₹10.2 LakhNet loss · -1091% margin
- -₹2.9 LakhEBITDA · -315% margin
- ₹3.75 CrPaid-up capital
- 5Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of 1Millisecond Financial Technologies Private Limited are on its company page.
Detailed financial statements for MoMoney
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.
Competitors of MoMoney
MoMoney has 3 listed competitors in our database, 3 of them funded. They include Dezerv, Wealthy and Nivesh.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dezerv.in | 2021 | Mumbai, India | $100M | 513 | Investment solutions and portfolio management are provided for affluent individuals. | |
| wealthy.in | 2015 | Bengaluru, India | $22.29M | 231 | Digital wealth management platform is offered for personalized investments. | |
| nivesh.com | 2016 | Noida, India | $5.24M | 41 | Wealth management and financial products are provided online for individuals. |
Detailed competitors of MoMoney
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as MoMoney (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Frequently Asked Questions about MoMoney
MoMoney was founded in 2022.
MoMoney is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MoMoney has 5 employees.
The primary company behind MoMoney, 1Millisecond Financial Technologies Private Limited, reported revenue of ₹93,710 for FY 2024, up 4685400% year on year.
MoMoney was founded in 2022 in Bengaluru, India, operating in the fintech sector. Investment baskets tailored to user goals are provided, along with automated investing options. A credit limit secured by investments is accessible, allowing spending without halting growth. Mutual funds and high-interest fixed deposits are also available, complemented by instant withdrawal features for invested funds.
MoMoney offers MoMoney App, Stash, and Expert-made Baskets.
MoMoney operates through 1Millisecond Financial Technologies Private Limited.
The legal entities of MoMoney currently have 3 directors, including Manasvi Saxena, Nimitt Juneja, Sumit Agarwal.
Yes. MoMoney publishes MoMoney: Save & Invest Money, with over 10,000 downloads.