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Finflux is SaaS technology platform to democratise lending, product includes loan origination, loan management, and collection.
Basic Information
Finflux is a cloud lending platform to accelerate lending business transformation. Its vision is to create affordable and equitable financial access to individuals and businesses around the world. Finflux cloud includes a comprehensive suite of products that help manage the entire loan lifecycle. Its product offering provides loan origination, loan management, financial accounting, marketplace integration, app-based lending, alternative data-based credit scoring, reporting and analytics. Finflux customers include non-banking institutions (NBFC), Microfinance, SACCOs, Banks, FIs, Fintechs, Business Correspondents, Aggregators in the origination process, Agent networks and many more.
Legal Name
:
Conflux Technologies Private Limited
Headquarters
:
Bengaluru, Karnataka, India
Business Model
:
B2B  
Founding Date
:
2010
No. of Employees
:
61 to 100
Core Team
:
1.  
Nayan Ambali
Founder & CEO
2.  
Dhirendra Pratap
Chief Technology Officer
3.  
Ashok Auty
Chief Customer Officer
4.  
Chandramouli (CM)
Principal Advisor

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Timeline

2010

Company Incorporation

Dec | Company Incorporation

Begin our journey, Started contributing to Mifos

2014

Product Launch

Jun | Product Launch

Built most popular open source banking platform (Mifos, later became Apache Fineract)

2018

Product Launch

Jun | Product Launch

Launched Finflux, enterprise SaaS lending platform

Key Customer Milestone

Aug | Key Customer Milestone

Finflux was adopted by some of the market leaders ( Kotak Mahindra Bank)

2020

Product Userbase Milestone

Oct | Product Userbase Milestone

Finflux platform serves more than 5 million borrowers

Revenue Stream
Target Market
B2B
Lending Financial Institutions like NBFCs, Lending FinTech, Banks
Client Segment
:
FinTech,  Services,  Financial Services  
Target Companies
:
Startup,  Small Enterprise,  Medium Enterprise,  Large Enterprise  
Target Geography
:
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