Finrek.com

  • Jaipur, India
  • Finance Technology, Services, Marketplace, E-commerce

NBFC only online loan marketplace India-exclusive tie up with IDNow 300+ strong DSA network

Founded:
2014
Stage:
Beta Launched
Market:
B2C

Startup Video

Featured


Jobs


Team Summary

Founders:
Hemant Tilotia- Engg graduate, ex banker, worked in Credit Appraisal team in a leading public sector bank
Himanshu Agarwal- Engg graduate, ex Barclays and Imperial London graduate.
Both of us are graduates of Amity School of Engineering, Noida

Tech team has 2 developers and 1 Product Manager and there are 2 Office assistants.



Team


Product/Service Summary

Finrek is an online loan marketplace trying to bring NBFCs in India on a single platform.
NBFCs here have an advantage of competiting with other NBFCs only rather than banks, aim bigger markets and diversify their product portfolio.
We have partnered with IDNow, to provide NBFCs with online KYC verified leads.
NBFCs given login on the portal.

How are we different?

We initially worked offline with these agents,so we know the market that exists beyond the banks.
Our portal is NBFC only, and through IDNow, has an additional feature of online app based KYC verification which lets lenders sanction loans much faster.
We are developing app controlled debit card and will integrate major accounting softwares.

Product/Service Descriptions