Fintech startup Finin has raised an undisclosed amount in a pre-series A funding round from investors including Unicorn India, Astir Ventures, and PointOne Capital.
As per the startup, it plans to use the funding amount to ramp up it’s marketing, customer acquisition, and hiring process.
The startup also plans to build its partner networks.
Currently, in beta, Finin is a Bengaluru-based neobanking startup and was founded by Suman Gandham and Sudheer Maram in 2019.
Finin is an AI-fueled modern neo banking platform that helps you manage, save, and invest your money simpler, smarter, and faster.
To keep users up-to-date about their previous and future transactions, the startup also offers card aggregations and AI-based notifications.
Talking about Finin, Suman Gandham, Finin Co-Founder and CEO, said,
“A neobank startup like ours is made with the purpose to bridge gaps using technology and help people develop a better relationship with money by simplifying antiquated banking services. We believe this support from UIV, both monetary and in expertise, is exactly what we need to give wings to our dream and vision.”