Finlife Tech (India) Private Limited is a Private incorporated on 22nd December 2022. It is classified as non-govt company and is registered at Registrar of Companies, Kanpur. Its authorized share capital is Rs. 1,000,000 and its paid-up capital is Rs. 100,000. It is involved in Business activities N.E.C.
The Company was founded by Mr. Vinay Kumar Tiwari and Mr. A Chandra who are actively managing the company. Finlife Tech (India) Private Limited has already started a picture painted by huge numbers; the sector has thus far not been able to bridge urban-rural India divide in terms of adoption of fintech services for unbanked population in UP (E & W). Mr. Vinay Kumar Tiwari is widely recognized as an economic expert with rich experience both in academic and business.
Finlife India intends to reach out to 10,0000 poor families in Eastern and Western U.P. with unbanked population in the next five years in UP. Achieving this goal Finlife India will expand its business by 2025 in Indian states of Bihar, Madhya Pradesh, Rajasthan, and Uttar Pradesh.
The springboard of Finlife India includes a range of support services like Cashless Transaction, Insurance, Investment, Pan Card Services, AEPS, Micro ATM & Micro Loan Cash Collection for its members through multiple local programs in strategic rural and urban areas of Eastern and Western UP in initial stage, and will eventually spread to other state by 2025. Finlife India expects to empower the entire population of Eastern and Western U.P. to move out of extreme un-banking system through strategic goals:
As a Fintech Institution, Our intent is to increase opportunities for the poor to access financial services by providing financial services to low-income entrepreneurs, mobilizing deposits from members and non-members. Finlife India core values are enhancing their clients ‘self-determination, serving as an ongoing financial resource for members, and achieving significant outreach and financial self-sufficiency
Entrepreneurial of Entrepreneurship. This involves small-business development, hands-on learning, technical know-how culminating in self-employment, and life skills development through financial assistance.
Dynamic social network. This involves sharing resources, local and global interdependence, and mobilization of social networks.