Short description
ftcash empowers the underserved micro-merchanrs through financial inclusion using digital payments and loans.
Description
ftcash is one of India’s fast-growing financial technology venture, recognized by Forbes, which aims to empower micro-merchants and small businesses with the power of credit using digital payments, using only a bank account and a feature phone. ftcash uses its proprietary algorithm to understand the credit-worthiness using their transaction flow data on the ftcash payments platform along with several other data points including psychometric analysis, which can be leveraged to provide these SMEs institutional finance and recollect the money from their daily transactions. ftcash works with Banks and Financial Institutions to deploy its solution for all their SMEs. After a successful launch in India in 2015, ftcash is expanding globally. ftcash is being supported by PayPal and MasterCard to enable merchant services globally.
Last funding
Nopepepe
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Total funding
$$43214321
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Location
Mumbai, Maharashtra, India, Asia
Founded on
June 1, 2015
Non-profit?
No
Acquired?
No
Employees count
251-500
Revenue range
$56378 - 90123
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Investors
Uh Ohhhh, Absolutely Noaccess, Nopepepe, Noway Youcantaccess, No Way, Noway Youcantaccess
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Founders
Deepak Kothari, Sanjeev Chandak, Vaibhav Lodha