FINQY, a fast-growing fintech startup has successfully lifted $2 million in a new funding round from Angel Bay India Accelerator, Family offices and many others.

Previously in the month of March 2022, the company had bagged $839K in its seed round from AngelBay and Anvita Varshney.

The freshly raised capital will be deployed to enhance the distribution of financial services in India via its strategic development initiative and technology.

Established in the year 2019 by Manish Aggarwal, FINQY permits its partners to provide their users a wide array of financial products. This product line includes credit cards, investments, loans and insurance and also an easy upsell and X-sell opportunities among their products.

The fintech startup assists streamlining the complex financial decisions across insurance loans and credit cards but also considerably enhance the user engagement and enable informed decision-making.

They are driving the business strongly with a mission to simplify the access to the financial products for all the customers across various verticals.

Being a trusted fintech platform and business partner for numerous DSA and financial agents, the startup provides proprietary training, customer support and training to hasten the business growth of the organizations in the financial services sector.

It enable their partners to sell in a better way by providing diverse decision-making process and recommendation tools along with customized marketing tools.

Out of 30 offices across 24 cities and 2 countries, FINQY operates with the support of more than 100 banking and financial partners. It states that it had attained a phenomenal revenue milestone of 8 million in the financial year 2024.