myFinancialAnswers

Founded: 2014 • Age: 12 yrs Acquired By The Tifin Group
Personal financial planning tools are provided via an online platform.

About myFinancialAnswers

myFinancialAnswers is a company founded in 2014 was acquired by The Tifin Group in March 2021.. myFinancialAnswers offers products and services including Financial Advice Platform. myFinancialAnswers operates in a competitive market with competitors including The Tifin Group, Ascensus, Learnvest, Farther and Capitalize, among others.

  • Sectors
    Technology
  • Email
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  • Phone
    *********
  • Website
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  • Social
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Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    The Tifin Group

    (Mar 25, 2021)

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Products & Services of myFinancialAnswers

myFinancialAnswers offers a comprehensive portfolio of products and services, including Financial Advice Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides personalized recommendations for saving and investing goals.

Funding Insights of myFinancialAnswers

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in myFinancialAnswers

myFinancialAnswers has secured backing from 1 investor. Prominent investors backing the company include The Tifin Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
AI-enabled financial planning and advisory solutions are provided for individuals.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by myFinancialAnswers

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - myFinancialAnswers

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Myfinancialanswers Comparisons

Employees
+
Add Comparison
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Competitors of myFinancialAnswers

myFinancialAnswers operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as The Tifin Group, Ascensus, Learnvest, Farther and Capitalize, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-enabled financial planning and advisory solutions are provided for individuals.
domain founded_year HQ Location
Retirement, health, and college savings services are administered nationwide.
domain founded_year HQ Location
Personal finance management and investment advise
domain founded_year HQ Location
App-based financial planning and management platform for individuals
domain founded_year HQ Location
Financial planning and advisory platform
domain founded_year HQ Location
An app-based platform is provided for individual wealth management.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Myfinancialanswers

The Tifin Group acquires Totum Risk and myFinancialAnswers
Privatebankerinternational4 years ago

Frequently Asked Questions about myFinancialAnswers

When was myFinancialAnswers founded?

myFinancialAnswers was founded in 2014.

What does myFinancialAnswers do?

myFinancialAnswers was founded in 2014 and functions in the personal finance sector. An online platform is maintained where users update financial profiles to obtain tailored recommendations for objectives including college savings and retirement planning. Partnerships are formed with employers, financial professionals, and consumers to support financial planning accessibility.

Who are the top competitors of myFinancialAnswers?

myFinancialAnswers's top competitors include The Tifin Group, Ascensus and Farther.

What products or services does myFinancialAnswers offer?

myFinancialAnswers offers Financial Advice Platform.

Who are myFinancialAnswers's investors?

myFinancialAnswers has 1 investor. Key investors include The Tifin Group.

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