Fintree Finance is an Impact Lender based out of Mumbai which aims to bring about the upliftment of MSME segment in India by helping them with much needed financial inclusion and cause a positive social impact.
A thought driven approach of building a team of professionals with varied work-ex DNA, has led to a distinct & unique amalgamation of ideas, processes and operational experience making Fintree Finance a unique-boutique NBFC catering to the unmet needs of MSME segment in India in a robust, swift and efficient method.
Our aim is to help this under-served MSME segment of the country by capitalising over a quarter century of experience in the BFSI sector and adopting the latest technology.
Currently operational in Mumbai & Delhi, we provide short-tenure loans to merchants based on the digital payments that happen at their outlets.
Loan against Digital payments is a short-term credit facility extended to merchants who have a Point –Of-Sale (POS) machine installed at their premises. Fintree Finance uses its in-house technology platform, coupled with strong analytics and algorithms for origination, underwriting & disbursal of loans and helping this MSME segment, enter the formal credit system and improve their credit profiles.
The Key thought of Why Not rather than Why to lend, has led to the development & continuous evolution of the proprietary algorithm at Fintree Finance, which analyses the digital payments data from a simple bank statement of a merchant. The algorithm clearly identifies and defines distinctive set of data cuts which accurately predict the merchant’s repayment capacity to arrive at the best lending offer.
There are over 51 million MSME’s in India, but a majority of them are still not part of the financial environment.
These MSME’s require quick, hassle free and dependable financial assistance on timely basis. Meeting these requirements gets difficult under the regular banking and financial structure. We understand this issue and hence with the help of technology enabled underwriting of alternate data, we aim to bridge this gap for the under-served MSME’s.
Key initiatives in recent times like Indiastack, Aadhar based authentications, eKYC, esign etc. have further brought Digital lending options at finger tips of merchants. Implementation of GST has opened a unique set of data points for alternate lending. With increasing payments using mobile wallets and the advent of Bharat Billpay, will further boost the parameters for alternate lending in India.
Fintree aims to utilise its expertise in utilising these enablers in empowering the overall MSME segment and also bringing Finance to the door-steps of the often neglected Women driven business, thereby boosting women empowerment.
MD & Founder
With his wide-ranging business acumen, he will be giving the necessary traction to the company’s business and provide a direction to its growth objectives in the long run. His forte is his exposure to big ticket customer account acquisition and management, executive leadership, and strategy development and implementation. He has scaled various roles and senior level positions in his previous work experience and has emerged as a seasoned veteran in devising successful policies and governance, in line with the organizational goals.
Director & CEO
Chartered Accountant & Cost Accountant with three decades experience in Credit & Risk Management. Instrumental in ideation, setting up the only rating agency for SMEs and leading the company in its first 3 years of operations. Also involved in the setting up and operationalization of CGFTMSE, a credit guarantee organization for facilitating access to collateral-free credit to the micro and small sector. Developed rating models for assessing credit risks in lending to SMEs for banks in the SAARC and South East Asian Region. Also, developed early warning signal tool based on transaction behavior in the checking account of small and mid-sized businesses.
Sandeep is a Chartered Accountant and a Finance Professional with over one and a half decade of rich & diverse experience in strengthening companies across various industries including NBFCs & Real Estate. Prior to joining Fintree Finance, he has worked with companies like Capri Global Capital Limited, The Phoenix Mills Limited , Ogilvy and Mather Private Limited and Everest Developers. His work deliverables include his expertise in fund raising, structuring financial deals as per organization’s needs, corporate treasury management, Investor Relationship. He is also hand-on in managing other sub-functions like Planning & Budgeting, Accounting, Taxation, Auditing, Compliance management, Financial and operational Controls etc.
Professional experience spanning 20 plus years in retail loans across products, crore functions and Pan India locations. Experience in secured and unsecured business i.e. Unsecured Loans, Mortgage Loans (LAP) and Auto Loans. Experience in core functions i.e. Credit Risk, Operations, Sales management. Managed Credit underwriting for small and high value secured and unsecured loans, Policy formulation and Account monitoring (risk management on delinquent / NPA accounts). Managed large teams at regional and pan India level. Worked extensively across regions (Pan India) i.e Maharashtra, Gujarat, Delhi, Rajasthan, West Bengal, Karnataka, Tamil Nadu. Worked with major FIs / Banks i e Jana SFB, Barclays Bank PLC, Standard Chartered Bank, Cholamandalam Inv and Fin Co Ltd, Tata Finance Ltd. and also with Fintech start-up company
Vice President - IT
An astute and dynamic professional with over 18 years of rich experience in IT Application, Business requirement gathering, Business continuity planning, Project management, New Technology Implementation and Team management. Diversified experience at Project planning, IT budget, Business Function Analysis, change management, UAT and end user training for core solution implementation. Credited with Implementation of Core Lending solution (Finnone ) end to end at Fedbank Financial Service Ltd for LAP ,Gold Loan ,Personal Loan , Business Loans .Involved in Implementation of core banking solutions of Bank of India, Bank of Baroda, Federal Bank, UCO Bank, Centurion Bank of Punjab and Kotak Mahindra Bank in Migration ,UAT. Senior and prominent member in implementation of Application at Hiranandani Financial Services.
AVP – HR
She is a Postgraduate in HR and a seasoned professional with over 15+ years of experience in the industry. She has worked with companies like Ambit Finvest, Medusind Solutions and Maxwell Industries.
Head - Collections
Aravind Shinde brings in 18 years of rich and comprehensive experience in Legal, Collections & Recovery, Risk Management of NBFC & Banking Industry. He is a strategic planner with proficiency in devising strategy for legal collection and recovery from Corporate Banking and Retail Banking clients against Loans and Advances after providing advice on the various payment options. He is successful in streamlining & improving existing systems / processes, envisioning new methodologies and future trends.
Empowering SME Growth
Fintree Finance Pvt. Ltd. is an Impact Lender based out of Mumbai & is backed by the veterans from Banking & Fintech Industry.
By capitalising over 25 years of experience in the BFSI sector and adopting the latest technology, Fintree aims to help the under-served SME segment of the country. Currently operational in Mumbai & Delhi, Fintree provides short-tenure loans to merchants based on the digital payments that happen at their outlets.
Loan against Digital payments is a short-term credit facility given to merchants who have a Point –Of-Sale (POS) machine installed at their premises.
The key differentiator at Fintree is the young team of energetic, passionate and dynamic individuals who are driven by the sole objective of empowering the SME segment, incorporating the correct mix of technology & personal interactions to bring about the Customer Delight factor in the lives of their customers.
Fintree Finance uses its in-house technology platform, coupled with strong analytics and algorithms for origination, underwriting & Disbursal loans and usher in financial inclusion of the SME segment.
There are over 51 million SME’s in India, but a majority of them are still not part of the financial environment.
These SME’s require quick, hassle free and dependable financial assistance on timely basis. Meeting these requirements gets difficult under the regular banking and financial structure.
Fintree with the help of technology and its different way of underwriting which is based on alternate data aims to bridge this gap for the under-served SMEs.