Vision/Mission:
FINANCEPEER will increase the cash flow liquidity in the economy and in turn reduce the existing economic disparity. This will let everyone grow together! Getting loans is a lengthy, manual and highly time consuming process. Many traditional banks do not have the capability to analyze a customer’s personal and social data, leading to high loan rejection. FINANCEPEER makes getting loans simple.
What is does:
It is a platform which connects a plethora of borrowers to lenders with completely digital KYC and hassle free application process. Our Artificial intelligence based technology (13,000+ data points other than CIBIL and credit data) provides a capable rating to each borrower. This evaluation of borrowers allows lenders to invest their funds efficiently and earn back in EMIs. Through FINANCEPEER borrowers receive loans at very less on-boardingcost and low interest rates with no bidding permitted.
Location: India, Maharashtra, Mumbai
Employees: 201-500
Total raised: $35M
Founded date: 2017
Investors 5
Date | Name | Website |
09.02.2024 | Ardent Ven... | ardent.vc/ |
- | QED Invest... | qedinvesto... |
23.01.2023 | JITO Angel... | jitojiif.c... |
- | DMI AIF Sp... | dmisparkle... |
- | Aavishkaar... | aavishkaar... |
Funding Rounds 1
Date | Series | Amount | Investors |
20.04.2022 | Series B | $35M | QED Invest... |
Mentions in press and media 15
Date | Title | Description | Source |
28.04.2022 | India-based Edu-Fintech startup Financepeer raises US $31 mi... | Financepeer, an Indian edu-fintech business, raised US $31 million in a Series B on 20th April 2022.... | vcbay.news... |
25.04.2022 | Indian fintech Financepeer raises $31m in Series B round | Mumbai-based fintech Financepeer has raised $31 million in a Series B funding round. Financepeer lan... | fintechfut... |
20.04.2022 | Financepeer bags $31 million in funding from QED, Aavishkaar... | ETtechFinancepeer cofounders (from left) Sunit Gajbhiye, Rohit Gajbhiye, Debi Prasad Baral, Naveesh ... | economicti... |
20.04.2022 | Financepeer raises $31 million in Series B funding from QED ... | Representative image Edu-fintech startup, Financepeer, on April 20 announced that it has raised $31 ... | moneycontr... |
20.04.2022 | Financepeer raises $31 mn in funding led by QED Investors, A... | Edu-fintech startup Financepeer has mopped up USD 31 million (about Rs 235 crore) in Series-B fundin... | business-s... |
20.04.2022 | 🇮🇳 Roundup: Gupshup acquires conversational AI firm | NewsStartups Kul Bhushan · 20 Apr 2022 · 2 min read🇮🇳 Roundup: Gupshup acquires conversational AI fi... | techinasia... |
18.04.2022 | Exclusive: Edtech Startup Financepeer To Raise $35 Mn In Fun... | Mumbai-based edtech startup Financepeer is raising around $35 Mn in a Series B round of funding. The... | inc42.com/... |
16.04.2022 | Financepeer Raises $31 Million In Series B Funding, Led By Q... | - | entreprene... |
04.10.2020 | Обзор технологических стартапов в образовании за прошедшую н... | Zhangmen 0 Обсудить 133 просмотров Что стало известно об инвестировании в стартапы EdTech за прошедш... | vc.ru/u/27... |
29.09.2020 | [Funding alert] Education fintech startup Financepeer raises... | Google-incubated education fintech startup Financepeer announced the closure of a fresh funding roun... | yourstory.... |
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