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Spoon
Spoon Money is a smartphone based credit experience which offers micro credit lines based on bank and alternate data.
Basic Information
Spoon Money provides financial services to agriculture sector by providing credit to farmers through its platform on an assisted lending model which follows their crop production and income cycle. It also provides its services to salaried as well as professionals by providing advance salaries. Besides, it helps SMEs tackle bridge financing, bill discounting along with other financial benefits.
Legal Name
:
Payspoon Technologies Pvt. Ltd.
Headquarters
:
Kochi, Kerala, India
Business Model
:
B2C,  B2B  
Founding Date
:
Mar 2016
No. of Employees
:
21 to 40
Core Team
:
1.  
Kurian George
Co-Founder and CEO
2.  
Vivek George
Co-Founder
Timeline

2016

Company Incorporation

Mar | Company Incorporation

2019

Product Launch

Oct | Product Launch

Started Generating Revenue

Oct | Started Generating Revenue

Revenue Stream
Target Market
B2B
Spoon SME is an integrated offering from Spoon that helps SMEs tackle bridge financing, bill discounting and other financial benefits that are conventionally harder to come by when starting or growing a business.
Client Segment
:
AgriTech,  FinTech,  Software,  Technology  
Target Companies
:
Medium Enterprise,  Small Enterprise,  Startup  
Target Geography
:
B2C
Aimed at the agricultural sector, Spoon works with farm produce organizations to provide credit to farmers through our platform on an assisted lending model. Farmers benefit from a financing model that follows their crop production and income cycle.
User Age
:
More than 60,  35 to 45,  26 to 34,  46 to 60  
User Income
:
Lower Income  
Location
:
India