2MJK FINANCIAL SOLUTIONS PRIVATE LIMITED

In their own words

Fintech start-up 2MJK Financial Services Private Limited intends to launch Photonfin (www.photonfin.com), an end-to-end digital platform for instantly availing loans against financial products including mutual funds and shares for retail investors.Photonfin is a unique comprehensive digital platform in the country to allow customers to avail the best loan that meets their financial need by pledging their investments held in the form of shares and mutual funds. Photonfinwill offer Loan Against Mutual Funds (LAMF) and Loan against Shares (LAS) products on its platform. It is a robust platform that has seamlesslyintegrates Banks, Non-Banking Financial Companies (NBFC),Asset Management Companies, Registrar and Transfer Agents (RTAs), Custodians, Advisors and Investors, to simplify and digitize the entire mutual fund or Share loan process for retail investors. With its comprehensive LAMF / LAS solution, shares and mutual fund investors can now digitally avail finance on their shares and mutual fund investments in less than 5 minutes and raise funds without redeeming or selling their investments – shares and mutual funds. With its end-to-end digital processing, Photonfin facilitates instant, hassle-free liquidity for investors to meet their short-term and mid-term financial requirements without liquidating their financial assets. Now customers can compare the loan offerings from various lenders and choose a lender that suits their need. With Photonfin, we have completely digitized the entire journey of availing finance by using mutual fund units or shares as a collateral and made the money available to the investor instantly. This takes care of their temporary financial needs, and the investor’s wealth grows unhindered. Hence, customer wealth creation journey can continue.

Written by the company on its public Startup India profile. Not verified by us.