About MoNeed Technical Service
MoNeed Technical Service is a Financial Services company based in Delhi (India) founded in 2017 by Leon Xu. Online lending solution for consumer loans. The company has 1 employees. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity in India is Moneed Technical Service Private Limited (U74999DL2018PTC335296). Its competitors include Kissht, Stashfin and Money View; 3 of its 3 listed competitors have raised funding.
Company details
Moneed Technical Service was founded in 2017 in Delhi, India, operating in the fintech sector. Consumer loans are facilitated online, with options including short-term payday loans, IOU services, P2P lending via Lending Tap, a financing platform called Make Money, and asset management through Win-Win Club. Repayments are processed via net banking, UPI, or offline ATM. Access is available through an Android app.
- Headquarters Delhi, India
- Employees 1
- Founders Leon Xu
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website moneed.net
- Social LinkedIn
- Legal Name Moneed Technical Service Private Limited
- Date of Incorporation 14 Jun, 2018
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹10,260
FY 2019
- Net Loss-₹4.4 Lakh
FY 2019 · -4333% margin
- EBITDA-₹3 Lakh
FY 2019 · -2972% margin
- Investors
- Employee Count1
Associated legal entities of MoNeed Technical Service
MoNeed Technical Service is associated with 2 registered companies on The Company Check; the primary company is Moneed Technical Service Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Moneed Technical Service Private Limited CIN U74999DL2018PTC335296 | Active | 14 Jun 2018 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details | |
| Moneed Trading Private Limited CIN U51909DL2018PTC336844 | Active | 23 Jul 2018 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Funding Insights of MoNeed Technical Service
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of MoNeed Technical Service 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 |
|---|---|---|---|---|---|
| Jul 2019 | Series A | – | Korea Investment Partners | – |
1 investors in total: 1 institutional.
Investors in MoNeed Technical Service
MoNeed Technical Service has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include KIP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech startups are invested in by this venture capital firm. | kipvc.cn | Singapore, Singapore |
Investor details for MoNeed Technical Service
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Moneed Technical Service Private Limited (MoNeed Technical Service)
Moneed Technical Service Private Limited is the primary company behind MoNeed Technical Service. The boards of the 2 registered companies of MoNeed Technical Service currently have 2 directors; the longest-serving is Xiaoliang Xu, appointed in 2018. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Xiaoliang Xu DIN 08217597 | Director | 06 Sep 2018 | 8 yrs 1 mo | Moneed Technical Service Private Limited, Moneed Trading Private Limited |
| Wenxi Wang DIN 08351756 | Director | 05 Feb 2019 | 7 yrs 8 mo | Moneed Technical Service Private Limited, Moneed Trading Private Limited |
People of MoNeed Technical Service
1 people are tracked at MoNeed Technical Service (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Leon Xu | Founder | Leadership |
Complete people profiles for MoNeed Technical Service
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 MoNeed Technical Service
Figures of Moneed Technical Service Private Limited, the primary company behind MoNeed Technical Service, for FY 2019. Revenue was ₹10,260. Net loss was -₹4.4 Lakh (-4333% margin). EBITDA was -₹3 Lakh (-2972% margin).
- ₹10,260Revenue · FY 2019
- -₹4.4 LakhNet loss · -4333% margin
- -₹3 LakhEBITDA · -2972% margin
- ₹11.41 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Moneed Technical Service Private Limited are on its company page.
Detailed financial statements for MoNeed Technical Service
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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- Downloads
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Timeline of MoNeed Technical Service
2 dated milestones of MoNeed Technical Service across 2 years, from founding to its latest funding, stage changes and deals.
- Founded MoNeed Technical Service is founded.
- Funding First funding round.
Competitors of MoNeed Technical Service
MoNeed Technical Service has 3 listed competitors in our database, 3 of them funded. They include Kissht, Stashfin and Money View.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kissht.com | 2015 | Mumbai, India | $132.57M | 265 | Personal, business, and property loans are provided by Kissht. | |
| stashfin.com | 2016 | Gurugram, India | $115M | 175 | Digital lending and instant credit lines are provided to individuals. | |
| moneyview.in | 2014 | Bengaluru, India | $215.39M | 718 | Loans, credit cards, gold investments, insurance, and UPI are provided. |
Detailed competitors of MoNeed Technical Service
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 Alternative Lending
3 companies that operate in the same segment as MoNeed Technical Service (Alternative Lending) in India, 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 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Frequently Asked Questions about MoNeed Technical Service
MoNeed Technical Service was founded in 2017 and raised its 1st funding round 2 years after it was founded.
MoNeed Technical Service is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
MoNeed Technical Service has 1 employees.
The primary company behind MoNeed Technical Service, Moneed Technical Service Private Limited, reported revenue of ₹10,260 for FY 2019.
Moneed Technical Service was founded in 2017 in Delhi, India, operating in the fintech sector. Consumer loans are facilitated online, with options including short-term payday loans, IOU services, P2P lending via Lending Tap, a financing platform called Make Money, and asset management through Win-Win Club. Repayments are processed via net banking, UPI, or offline ATM. Access is available through an Android app.
MoNeed Technical Service's top competitors include Stashfin, Money View and Kissht.
MoNeed Technical Service has 1 investor. Key investors include KIP.
MoNeed Technical Service is associated with 2 legal entities: Moneed Technical Service Private Limited, Moneed Trading Private Limited.
The legal entities of MoNeed Technical Service currently have 2 directors, including Wenxi Wang, Xiaoliang Xu.