About Moneyfactory
Moneyfactory is a Technology company based in Bengaluru (India) founded in 2019 by Siddiq Fazal. AI-powered stock recommendations and automated trading solutions are offered. Moneyfactory has raised $28.79 thousand across 1 funding round from investors including Sanjeev Nagarali. Moneyfactory was last valued at $1.49 million in June 2022. Its chief executive, as recorded, is Mustafa Nazar. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its legal entity in India is Finaptis Consulting Private Limited (U74140KA2019PTC124694). Its competitors include FundExpert, Elever and Orowealth; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2019 and based in Bengaluru, India, Moneyfactory operates as a fintech platform in the financial services sector. Stock recommendations, automated trading solutions, personalized alerts, risk management tools, investment strategies, and portfolio analysis are provided through AI-driven features. Operations focus on supporting investors with data-informed decisions in the stock market.
- Headquarters Bengaluru, India
- Founders Siddiq Fazal
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website moneyfactory.ai
- Social LinkedIn
- Legal Name Finaptis Consulting Private Limited
- Date of Incorporation 28 May, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹11,931
FY 2023 · -43% YoY
- Net Loss-₹43.8 Lakh
FY 2023 · -36719% margin
- EBITDA-₹42.8 Lakh
FY 2023 · -35913% margin
- Total Equity Funding$28.79K (USD)
in 1 rounds
- Latest Funding Round$28.79K (USD), Angel Round
Jun 2022
Associated legal entities of Moneyfactory
Moneyfactory operates through Finaptis Consulting 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 |
|---|---|---|---|---|---|---|---|
| Finaptis Consulting Private Limited CIN U74140KA2019PTC124694 | Active | 28 May 2019 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Funding Insights of Moneyfactory
Moneyfactory has successfully raised a total of $28.79K through 1 strategic funding round. The most recent funding activity was a Angel Round of $28.79 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $28,793
- Total Rounds 1
- Last Round Angel Round — $28,793
- First Round $28,793
(Jun 2022)
- Investors Count 1
All 1 funding rounds of Moneyfactory 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 |
|---|---|---|---|---|---|
| Jun 2022 | $28,793 | Angel Round | $1.49M | Sanjeev Nagarali | – |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $1.49M | •••••••• |
Last known valuation $1.49M (Jun 2022). 1 investors in total: 0 institutional and 1 angel.
Investors in Moneyfactory
Moneyfactory has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Sanjeev Nagarali.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
SN Sanjeev Nagarali | unknown_9b0ae95435894661b |
Investor details for Moneyfactory
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 Finaptis Consulting Private Limited (Moneyfactory)
Finaptis Consulting Private Limited is the primary company behind Moneyfactory. The board of Finaptis Consulting Private Limited currently have 2 directors; the longest-serving is Mustafa Nazar Syedwahab, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mustafa Nazar Syedwahab DIN 08464697 | Director | 28 May 2019 | 7 yrs 5 mo | Finaptis Consulting Private Limited |
| Siddiq Fazal Syed DIN 08464698 | Director | 28 May 2019 | 7 yrs 5 mo | Finaptis Consulting Private Limited |
People of Moneyfactory
2 people are tracked at Moneyfactory (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| CEO | Leadership |
Complete people profiles for Moneyfactory
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 Moneyfactory
Figures of Finaptis Consulting Private Limited, the primary company behind Moneyfactory, for FY 2023. Revenue was ₹11,931 (-43% year on year). Net loss was -₹43.8 Lakh (-36719% margin). EBITDA was -₹42.8 Lakh (-35913% margin). Revenue has grown at a compounded annual rate of -34% over three years.
- ₹11,931Revenue · FY 2023 · -43% YoY
- -₹43.8 LakhNet loss · -36719% margin
- -₹42.8 LakhEBITDA · -35913% margin
- ₹1 LakhPaid-up capital
- -34%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Finaptis Consulting Private Limited are on its company page.
Detailed financial statements for Moneyfactory
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.
Timeline of Moneyfactory
3 dated milestones of Moneyfactory across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Moneyfactory is founded.
- Funding First funding round of $29K.
- Milestone Reaches Minicorn status.
Competitors of Moneyfactory
Moneyfactory has 3 listed competitors in our database, 3 of them funded. They include FundExpert, Elever and Orowealth.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundexpert.in | 2016 | Bengaluru, India | $88,816 | 4,379 | Automated mutual fund investing platform | |
| elever.app | 2020 | Bengaluru, India | $4.76M | 12 | Goal-based investments are enabled via an app-based platform. | |
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. |
Detailed competitors of Moneyfactory
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 Moneyfactory (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 Moneyfactory
Moneyfactory was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Moneyfactory is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mustafa Nazar is the CEO of Moneyfactory, as recorded in our data.
Moneyfactory is a funded company, having raised a total of $28.79K across 1 funding round to date. The company's 1st funding round was a Angel Round of $28.79K, raised on Jun 2022.
The primary company behind Moneyfactory, Finaptis Consulting Private Limited, reported revenue of ₹11,931 for FY 2023, down 43% year on year.
Founded in 2019 and based in Bengaluru, India, Moneyfactory operates as a fintech platform in the financial services sector. Stock recommendations, automated trading solutions, personalized alerts, risk management tools, investment strategies, and portfolio analysis are provided through AI-driven features. Operations focus on supporting investors with data-informed decisions in the stock market.
Moneyfactory's top competitors include FundExpert, Elever and Orowealth.
Moneyfactory has 1 investor. Key investors include Sanjeev Nagarali.
The valuation of Moneyfactory is $1.49M as of Jun 2022.
Moneyfactory operates through Finaptis Consulting Private Limited.
The legal entities of Moneyfactory currently have 2 directors, including Mustafa Nazar Syedwahab, Siddiq Fazal Syed.