Last deal

Amount

Venture - Series Unknown

Stage

18.06.2024

Date

3

all rounds

$41.1M

Total amount

date founded

Financing round

General

About Company
Financepeer is an AI-based peer-to-peer lending platform that offers loans to students to pay school and college fees.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Financepeer is a secure digital platform that provides education loans and peer-to-peer lending to self-employed, entrepreneurs, and salaried individuals. The company specializes in education fee financing, enabling educational institutes to manage their funds efficiently by paying students' entire year's fees upfront while parents have the option to pay back in easy EMIs. Financepeer also connects individual borrowers to lenders digitally, making it easier for customers to access credit facilities. As a Google incubated and RBI governed NBFC, Financepeer ensures that parents and students can pay their fees in easy installments while providing a highly secure and reliable platform.
Contacts
Sub-Organizations
1
proCampuz

proCampuz

ProCampuz is a digital platform designed to streamline campus operations.

Sector

Consumer Services

Subsector

Education Services

Location

Mumbai, Maharashtra, India
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Avenify

Avenify

Avenify is a peer-to-peer lending platform that helps nursing students finance their education debt-free.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Location

New City, NY, USA

total rounds

3

total raised

$519.5K
GraduRates

GraduRates

GraduRates is a peer-to-peer lending platform that provides loans to postgraduate students in the U.K.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Keywords

Financial Services, Education

Location

London, UK
Trustio

Trustio

Trustio is a P2P financial platform that creates an alumni community to help members raise money and invest in their peers.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Keywords

Financial Services, FinTech, Finance

Location

New Delhi, Delhi, India
PYT Funds Inc - Pay Your Tuition

PYT Funds Inc - Pay Your Tuition

Pay Your Tuition is an online platform that connects families with banks to offer lower rates.

Sector

Finance and Credit Services

Subsector

Consumer Lending

Location

Washington Cir NW, Washington, DC, USA

total rounds

4

Financials

Funding Rounds
9
3

Number of Funding Rounds

$41.1M

Money Raised

Their latest funding was raised on 18.06.2024. Their latest investor Rohit Sharma. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
20.04.2022
8
$28.06M
Local Amount - INR 2.36B
31.12.2021
1
$4.67M
Rohit Sharma

Rohit Sharma

Rohit Gurunath Sharma (born 30 April 1987) is an Indian cricketer. He is a right-handed batsman and an occasional right-arm off break bowler who plays for Mumbai in domestic cricket. He is the captain of the Mumbai Indians in the Indian Premier League. Having started his international career at the age of 20, Sharma quickly came to be pegged by many analysts as a permanent fixture in the Indian cricket team in the next decade. He made his ODI debut on June 23, 2007 against Ireland. In 2013, he started playing as an opening batsman for India ODI team, and performed consistently. He scored consecutive centuries in his first two Test matches against the West Indies in November 2013, scoring 177 at the Eden Gardens in Kolkata on debut, followed by a score of 111* in the next Test at the Wankhede Stadium in India.[3][4] He played 108 ODIs before playing his maiden Test. On 13 November 2014, Rohit Sharma scored 264 against Sri Lanka at Eden Gardens, Kolkata, which is the highest individual score in ODIs. He has also scored 106 against South Africa in Twenty20 Internationals and became the second Indian to score a century in all three formats. He thus became the only player in the world to score two double hundreds in ODIs. Rohit Sharma is the third skipper after MS Dhoni and Gautam Gambhir to lead his team to the IPL title twice. As per Forbes India 2015 Top 100 celebrities in India, Sharma is listed 8th in terms of fame, 46th in terms of income and 12th overall.[5]

QED Investors

QED Investors

QED Investors is a leading boutique venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, FinTech

Location

Alexandria, VA, USA

count Of Investments

271

count Of Exists

31
HEM ANGELS

HEM ANGELS

Hem Angels is a startup funding platform that co-invests with lead investors.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Crowdfunding, Venture Capital

Location

Mumbai, Maharashtra, India

count Of Investments

67
Co-Investors
Investors
22
6

Number of lead investors

22

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Venture - Series Unknown
No
Series A
Rohit Sharma

Rohit Sharma

Rohit Gurunath Sharma (born 30 April 1987) is an Indian cricketer. He is a right-handed batsman and an occasional right-arm off break bowler who plays for Mumbai in domestic cricket. He is the captain of the Mumbai Indians in the Indian Premier League. Having started his international career at the age of 20, Sharma quickly came to be pegged by many analysts as a permanent fixture in the Indian cricket team in the next decade. He made his ODI debut on June 23, 2007 against Ireland. In 2013, he started playing as an opening batsman for India ODI team, and performed consistently. He scored consecutive centuries in his first two Test matches against the West Indies in November 2013, scoring 177 at the Eden Gardens in Kolkata on debut, followed by a score of 111* in the next Test at the Wankhede Stadium in India.[3][4] He played 108 ODIs before playing his maiden Test. On 13 November 2014, Rohit Sharma scored 264 against Sri Lanka at Eden Gardens, Kolkata, which is the highest individual score in ODIs. He has also scored 106 against South Africa in Twenty20 Internationals and became the second Indian to score a century in all three formats. He thus became the only player in the world to score two double hundreds in ODIs. Rohit Sharma is the third skipper after MS Dhoni and Gautam Gambhir to lead his team to the IPL title twice. As per Forbes India 2015 Top 100 celebrities in India, Sharma is listed 8th in terms of fame, 46th in terms of income and 12th overall.[5]

Vaibhav Kapoor

Vaibhav Kapoor

count Of Investments

18
QED Investors

QED Investors

QED Investors is a leading boutique venture capital firm.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, FinTech

Location

Alexandria, VA, USA

count Of Investments

271

count Of Exists

31
Sandeep Patil

Sandeep Patil

Mr. Sandeep Patil serves as Board Member at Upswing Financial Technologies. He serves as a Partner at QED Investors. He joined QED in 2020 in London and heads the fund's investments into Asia. He serves as Board Advisor at Refyne. He serves as Board Member at OneCard, Jupiter, Upswing, Financepeer & Mudrex and has included these companies in his portfolio. He has extensive experience in consumer internet and is a global veteran of the banking and financial services industry. Over his career spanning more than two decades, he has developed and executed major growth strategies and led, operated, advised, and invested in companies of all sizes in the U.S., the U.K., India and Southeast Asia. He was based in the U.S. and the U.K. in the first 15 years of his professional life. He started at Capital One in the U.S. developing product and credit strategies for underserved and upmarket consumers. Later, he was part of the investment team at Actis Capital, a London-based growth equity fund and covered opportunities in India and Africa. After that, at McKinsey and Company, he served prominent banks, insurers, and investors in Southeast Asia, the U.S. and Europe, on matters of growth and mergers and acquisitions. Over the next five years, he led several consumer internet businesses in India. He was part of the senior leadership team at Flipkart, India's largest e-commerce company. As business unit head, he was the general manager and P&L owner for the home and furniture division. He served as the head of corporate strategy for the group contributing to a $4 billion fundraise in 2017 and the successful acquisition by Walmart in 2018. As the head of fintech, he scaled consumer, SME and vendor financing products to 1.3 million borrowers. Thereafter, he was the managing director and chief executive officer for India at Truecaller, a consumer technology company with over 250 million monthly users. He directed global adtech, fintech and enterprise businesses, overseeing an increase of 4x in revenues to around $100 million in two years and paving the way for the company's IPO. He holds a B.Tech. from the Indian Institute of Technology (I.I.T.), Mumbai, India and an MBA from the London Business School (L.B.S.).

People

Founders
5
Naveesh Reddy
Naveesh Reddy

Naveesh Reddy

Naveesh is an IITB alumnus with 3+ years of experience in developing machine learning algorithms for Fraud detection, Cross-sell, Up-sell, Attrition predictions and Sentiment Analysis. His expertise lies in building Clustering & Regression models, NLP, Time Series Analysis etc. He has delivered end to end analytics solutions generating multimillion dollar revenues for client based out of Japan, India and Malaysia.

current job

Financepeer
Financepeer

organization founded

1

Naveesh Reddy

Sunit Gajbhiye
Sunit Gajbhiye

Sunit Gajbhiye

Sunit is an IIM and VJTI alumnus with 6+ years of experience in Business Operations and Product Management. His experience includes Smartphone software products and Partnerships, AI based process automations and Mobile business solutions. He has a patent in the smartphone domain for Mobile Ads. Sunit is a fun loving person with a 'bring it on attitude' who is always in for any game.

current job

Financepeer
Financepeer

organization founded

1

Sunit Gajbhiye

Rohit Gajbhiye
Rohit Gajbhiye

Rohit Gajbhiye

Rohit is a Stanford Ignite and IITB alumnus with a demonstrated history of working in the banking industry through DBS, Singapore. He is skilled in Liquidity Risk, Commercial Banking & Credit Risk Management. Rohit is a highly passionate professional who envisions peer to peer digital lending to be the frontier of the Economic growth.

current job

Financepeer
Financepeer

organization founded

1

Rohit Gajbhiye

Debi Prasad Baral
Debi Prasad Baral

Debi Prasad Baral

Prasad is a Stanford Ignite and BIT alumnus who has lead innovation in IT with 13+ years of experience in enterprise software Product Development & Consulting. His expertise includes Enterprise Architecture, IT Strategy, Virtualization & Cloud management, CRM & Sales platforms, Mobile and Innovation programs development. Prasad lives and breathes technology.

current job

Financepeer
Financepeer

organization founded

1

Debi Prasad Baral

Employee Profiles
5
Debi Prasad Baral

Debi Prasad Baral

Co-Founder, Technology Head

Rohit Gajbhiye

Rohit Gajbhiye

CEO

Sunit Gajbhiye

Sunit Gajbhiye

Co-Founder, Business Head

Naveesh Reddy

Naveesh Reddy

Co-founder, Operations Head

Activity

Recent News
0