About Nova Funding
Nova Funding is a Financial Services company based in Austin (United States) founded in 2022. It operates as an a proprietary trading firm focused on forex opportunities for traders. It operates on a B2B model. Its Indian entity Ing Vysya Bank Limited reported revenue of ₹2,262 Cr. Its focus areas include Trading, Proprietary Trading and Forex. Its competitors include TradingLeagues, StoxHero, Bloom, Fantasy Invest and Bullspree and 3 more; 6 of its 8 listed competitors have raised funding.
Company details
Nova Funding, based in Austin, focuses on offering financial products and advice, trading, proprietary trading, and forex. A proprietary trading firm focused on forex opportunities for traders. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Austin, United States
- SectorsFinancial Services
- Website nova-funding.com
- Legal Name Ing Vysya Bank Limited
- Date of Incorporation 29 Mar, 1930
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2,262 Cr
FY 2024 · 0% YoY
Associated legal entities of Nova Funding
Nova Funding operates through Ing Vysya Bank Limited, a listed company (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ing Vysya Bank Limited Listed CIN L85110KA1930PLC000124 | Amalgamated | 29 Mar 1930 | Bangalore, Karnataka | ₹2,262 Cr | – | 11 | View details |
Board of directors of Ing Vysya Bank Limited (Nova Funding)
Ing Vysya Bank Limited is the primary company behind Nova Funding. The board of Ing Vysya Bank Limited currently have 11 directors; the longest-serving is Maddali Venkata Satya Apparao, appointed in 2007. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Maddali Venkata Satya Apparao DIN 00484877 | Company Secretary | 27 Jul 2007 | 19 yrs 2 mo | Ing Vysya Bank Limited |
| Santosh Desai DIN 01237902 | Director | 29 Apr 2008 | 18 yrs 5 mo | Ing Vysya Bank Limited |
| Meleveetil Damodaran DIN 02106990 | Director | 21 Jul 2008 | 18 yrs 2 mo | Ing Vysya Bank Limited |
| Vaughn Nigel Richtor DIN 00698356 | Director | 01 Jun 2009 | 17 yrs 4 mo | Ing Vysya Bank Limited |
| Vikram Talwar DIN 00416236 | Director | 20 Dec 2010 | 15 yrs 9 mo | Ing Vysya Bank Limited |
| Mark Edwin Newman DIN 03518417 | Director | 20 Apr 2011 | 15 yrs 5 mo | Ing Vysya Bank Limited |
| Jayant Mehrotra DIN 07681406 | CFO | 29 Apr 2014 | 12 yrs 5 mo | Ing Vysya Bank Limited |
| Alka Marezban Bharucha DIN 00114067 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Adrianus Johannes Antonius Kas DIN 06853983 | Additional Director | 25 Jun 2014 | 12 yrs 3 mo | Ing Vysya Bank Limited |
| Kewal Kundanlal Handa DIN 00056826 | Additional Director | 12 Aug 2014 | 12 yrs 2 mo | Ing Vysya Bank Limited |
| David Han Lee Yong DIN 07015440 | Additional Director | 10 Nov 2014 | 11 yrs 11 mo | Ing Vysya Bank Limited |
Financials of Nova Funding
Figures of Ing Vysya Bank Limited, the primary company behind Nova Funding, for FY 2024. Revenue was ₹2,262 Cr (0% year on year). Revenue has grown at a compounded annual rate of +7% over three years and +4% over five years.
- ₹2,262 CrRevenue · FY 2024 · 0% YoY
- ₹192 CrPaid-up capital
- +7%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ing Vysya Bank Limited are on its company page.
Detailed financial statements for Nova Funding
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 Nova Funding
Nova Funding has 8 listed competitors in our database, 6 of them funded. They include TradingLeagues, StoxHero, Bloom, Fantasy Invest and Bullspree, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tradingleagues.app | 2022 | Bengaluru, India | $9M | – | Fantasy stock market gaming app that allows users to compete and win real money | |
| stoxhero.com | 2022 | Jaipur, India | $104,054 | – | Online platform for learning stock market trading | |
| bloomapp.com | 2021 | San Francisco, United States | $4.4M | – | Bloom is designed to teach teens and parents about investing. | |
| fantasyinvest.club | 2019 | Saint Petersburg, Russia | $1.53M | – | Virtual stock trading platform is offered for education and rewards. | |
| bullspree.com | 2020 | Ahmedabad, India | $1.88M | 3 | App-based virtual gamified stock market learning platform for individuals | |
| fantasytradingleague.com | 2019 | Gurugram, India | $301,638 | – | Fantasy stock trading is enabled through game-based leagues. | |
| soyalfi.com | 2015 | Santiago, Chile | – | – | Financial education is provided through gamified digital platforms by Alfi. | |
| dstreet.games | 2020 | Bengaluru, India | – | – | Provider of tailored and managed tech systems for trading and investment |
Detailed competitors of Nova Funding
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.
Web traffic of Nova Funding
The website of Nova Funding (nova-funding.com) receives about 4.6K visits a month.
- Monthly visits4.6K
▲ 13.8% vs previous month
Top companies in Forex Tech
10 companies that operate in the same segment as Nova Funding (Forex Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border remittances are enabled for individuals and businesses via apps. | 2011 | London, United Kingdom | USD 396.83 M | USD 2.71 B | 11,760 | |
Cross-border payments are processed for businesses via tools and APIs. | 2015 | Singapore, Singapore, Singapore | USD 1.9 B | – | 2,947 | |
Cross-border payroll solutions are provided for global migrant workers. | 2021 | Berlin, Berlin, Germany | USD 38.93 M | – | – | |
Online platform for trading in forex, options, and CFDs | 1992 | Copenhagen, Denmark | USD 546.08 M | – | 1 | |
International payments are enabled online for consumers and businesses. | 2016 | Sao Paulo, Brazil | USD 21.53 M | – | – | |
Online foreign exchange and remittance services are facilitated in India. | 2011 | Gurugram, Haryana, India | USD 5.59 M | USD 1.17 M | 146 | |
An online platform is utilized for trading forex and CFDs. | 1995 | San Francisco, California, United States | USD 117.05 M | USD 317.42 | – | |
Online cross-border remittance platform for individuals | 2019 | San Francisco, California, United States | USD 60 M | – | – | |
Trading in CFDs, forex, cryptocurrencies, and indices is enabled online. | 2008 | London, England, United Kingdom | – | USD 809.63 M | 633 | |
NFC-enabled travel cards and wallets are provided for travelers. | 2018 | Singapore, Singapore | USD 105.5 M | – | – |
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Frequently Asked Questions about Nova Funding
Nova Funding was founded in 2022.
Nova Funding is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
The primary company behind Nova Funding, Ing Vysya Bank Limited, reported revenue of ₹2,262 Cr for FY 2024, down 0% year on year.
Nova Funding, based in Austin, focuses on offering financial products and advice, trading, proprietary trading, and forex. A proprietary trading firm focused on forex opportunities for traders. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Nova Funding's top competitors include Bloom, TradingLeagues and StoxHero.
Nova Funding operates through Ing Vysya Bank Limited.
The legal entities of Nova Funding currently have 11 directors, including Mark Edwin Newman, Vikram Talwar, Vaughn Nigel Richtor and others.