Fynte

Fynte

We aim to make a digital economy of ours between borders that helps consumers not only move money but also action on the movement both at the send and receive side.

We’ve included additional layers; our aim is to make money movement more meaningful thru a marketplace-driven model – something which no existing player is currently catering to.

  1. A great UX,A brand-new micro-services & API-driven platform geared for the next 5-7 years
  2. Future-first tech stack to power, amongst others, blockchain & AI- ML lead transfers
  3. A balanced focus on both the send & receive sides
  4. Our own proprietary licenses in markets like Australia, the United States, Singapore etc.
  5. Most importantly – a complete focus on the last mile for the eventual use case of the money moved including facilitating lending, investments etc.

Sectors: FINTECH

OPPORTUNITY:

Globally, X-border payments have always been a challenge whether it is B2B, B2C or even S.M.E transfers. Traditionally, banks & money-transfer companies have ruled the roost but have either charged exorbitant fees or delivered a very poor user-experience or both. The opportunity is humongous, over $130 Trillion with even the most established player only catering to a small fraction of this.  

KEY STRENGTH & USPs:

At Fynte with 50 years of domain experience between 3 co-founders we wish to bring in the element of ‘Embedded Finance’ by collating all services under this category of cross border payments for consumers, businesses and enterprise solutions and making it easier for them to access the services they need.

TEAM:

COFOUNDER-1: C.F.A Institute Virginia. Career Banker & Cross-Border Payments Specialist with stints across leading brands like HDFC Bank, ICICI Bank, Kotak Bank & TimesofMoney. Led a $500 MN+ global P&L before co-founding Fynte. 20+ years across consumer, trade & enterprise verticals including business development, product management, global compliance & risk management.
COFOUNDER- 2: Bachelor’s in engineering (Computers) & master’s in marketing (Southern New Hampshire University).  Growth Marketeer with 18+ years in building & marketing global brands & businesses with top brands like O&M, Publicis, Bennett, Coleman & Co, UTI Mutual Fund etc. Digital Specialist with specific expertise in MarTech, Performance Marketing, Creative, Analytics, User Experience (UX) & A.I with direct ownership of an annual budget of $15 Mn.
COFOUNDER-3: M.B.A from Southern New Hampshire University. Product Leader with 18+ years in building digital-first businesses for banks & FinTechs. Led the global payments initiatives for Yes Bank & DCB Bank apart from spearheading Product Management for digital payments & remittances cos like Unimoni & TimesofMoney.  Loves being the bridge between the business & technology verticals.


write to vk@venturegarage.in to invest in this startup



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