Company profile
Finovate Capital
Fintech Startup, focusing on Supply Chain Financing for MSME/SME in India.
- Industry
- Financial Services
- Employees
- 6
- Headquarters
- Mumbai, Maharashtra
- Founded
- 2018
- LinkedIn followers
- 4,310
- Office locations
- 1
Finovate Capital company summary
Finovate Capital is a company in the Financial Services industry, headquartered in Mumbai, Maharashtra, founded in 2018. On LinkedIn the company has around 6 employees and 4,310 followers. Its listed specialties include Invoice Discounting, SME Loans, MSME Loans, Receivables Financing, Unsecured Business Loans.
What technology does Finovate Capital use?
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About Finovate Capital
Finovate Capital is an innovative Fintech platform that is providing short term finance to MSME/SME customers. We are looking to combine the traditional approach of credit distribution with state of the art fintech platform to bring together best of both worlds and driving immense efficiencies in an erstwhile traditional business. Supply Chain Finance is a great example of a traditional paper-based industry dominated by banks that focus on large, established corporate customers only. MSME, that account for 45% of India's GDP, remain largely neglected by banks. We want to change that using technology in a very innovative manner to bring Supply Chain Financing to the mainstream with seamless access to capital at the click of a button and creating an unmatched distribution network. Finovate Capital has a strong institutional investor backing, founders are INSEAD, Wright State, serial entrepreneurs with deep experience in the Fintech, BFSI, Enterprise Sales, from earlier working with organizations like Credit Suisse, Samsung Pay, Kapital Tech, Oracle, IBM, Informatica. Products: Invoice Discounting, Receivables Financing, Unsecured Business Loans, Working Capital Loans, Early Payments.
Specialties
Where is Finovate Capital located?
Finovate Capital lists 1 location.
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Frequently asked questions about Finovate Capital
What does Finovate Capital do?
Finovate Capital is an innovative Fintech platform that is providing short term finance to MSME/SME customers. We are looking to combine the traditional approach of credit distribution with state of the art fintech platform to bring together best of both worlds and driving immense efficiencies in an erstwhile traditional business. Supply Chain Finance is a great example of a traditional paper-based industry dominated by banks that focus on large, established corporate customers only. MSME, that account for 45% of India's GDP, remain largely neglected by banks. We want to change that using technology in a very innovative manner to bring Supply Chain Financing to the mainstream with seamless access to capital at the click of a button and creating an unmatched distribution network. Finovate Capital has a strong institutional investor backing, founders are INSEAD, Wright State, serial entrepreneurs with deep experience in the Fintech, BFSI, Enterprise Sales, from earlier working with organizations like Credit Suisse, Samsung Pay, Kapital Tech, Oracle, IBM, Informatica. Products: Invoice Discounting, Receivables Financing, Unsecured Business Loans, Working Capital Loans, Early Payments.
How many employees does Finovate Capital have?
Finovate Capital has around 6 employees on LinkedIn.
Where is Finovate Capital headquartered?
Finovate Capital is headquartered in Mumbai, Maharashtra.
When was Finovate Capital founded?
Finovate Capital was founded in 2018.
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