• FOUNDING YEAR: 2011
    LOCATION:
    United States
    REGION:
    Last Update:
    27 Jun, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Bill management & document storage app for householders to track payments, set reminders and view the last 12 months historical data. It is easiest and convinent way to manage the bills, accounts and documents on their mobile phone and also helps consumers say goodbye to late fees, forgotten passwords and disorganized piles of bills.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail consumers
EXISTING PARTNERSHIPS:
Some of the partners Payveris, Allied Payments, Yodlee, etc.
COMMENT
Finovera offers bill-payment alerts and also notifies users if their bank balance is insufficient to cover outstanding bills within a certain time frame. It provides users with a view of trends and analytics from their accounts and will alert them when bills are higher than average.

PEOPLE

FOUNDERS:
Purna Pareek
Board Members and Advisors:
Naveen Agarwal
NUMBER OF EMPLOYEES:
11-50

TRACTION

VALUATION / MARKET CAP:
$10 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$1.5 Millions
SEED & PRIOR FUNDING:
$1.5 Millions
SEED CLOSED ON:
Feb 2012

LATEST RESEARCH