FINTECH PRODUCTS AND SOLUTIONS (INDIA) PRIVATE LIMITED

In their own words

We are developing a Personal Finance Management (PFM) product that is unique and will help individuals, from all income groups – low to middle to high – to analyze and control their expenses, plan savings and investments, set goals like education, housing, and manage borrowings, retirement, even generate income tax filing drafts. This will be available in all important vernacular languages, apart from Hindi and English – a first for this type of App. To make the PFM efficient and seamless in usage we have promoted a 100% subsidiary, FinSec AA Solutions Pvt Ltd, as per RBI rules, and obtained an Account Aggregation (AA) license to complement PFM. This App will help improve the financial discipline of individuals and their credit scores. It will be a cloud-based product that will work on Android and iOS phones, and Windows computers. It is scalable as it can be downloaded and used by millions of individuals who may be customers of banks, insurance companies, mutual funds and PF account holders. It is possible for us to grow to millions of users within a couple of years. The use of the App leads to a culture of financial discipline and planning that help improve credit atmosphere thereby encouraging entrepreneurship and small leading to employment generation.

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