Welcome to Finsire!✨

This page will help you get started with Finsire. You'll be up and running in a jiffy!

Get a cup of coffee🍵 and be prepared for a walkthrough, to understand what Finsire offers as a business and how you and your organisation can benefit, by collaborating with us and our innovative applications.

Let’s get started!

🚀 What is Finsire?

Finsire positions itself as a digital infrastructure for assets, offering a broad spectrum of services designed for various clients. Our offerings include go-to-market APIs, ready-to-use platforms, and Credit, AI and Analytics solutions.

We aim to serve lenders, wealth management companies, Fintechs, and other entities looking to leverage digital infrastructure for all asset classes. Finsire's approach caters to different levels of licensing needs, providing scalable solutions to enhance decision-making and product innovation across the financial industry.

The Need

Indian households 🏘️ hold over 14 trillion dollars in assets, and global households' assets are over 400 trillion dollars. Today, any actions like lending, or investment decisions over these assets are difficult and manual. The idea is to allow the asset holder 🙋 and institutions to do what they wish to do with these assets seamlessly.

Finsire’s mission is to map India’s wealth, stored as Assets (Informational and Financial Assets).

Finsire's tech helps in interoperable asset fetching mechanisms, a better UI/UX (direct APIs) for users, a switch for pledged assets and access to lender network, investment and analytics by in-house AI model for companies and their users, and building at the forefront for asset classes yet to be digitized, which classify as phygital assets.

📊 What are Assets?

In Finance’s dictionary, assets 🎁 mean something valuable that can generate economic value for a company and reap benefits for the asset owner.

Assets are a key component to the company’s net worth. Assets can generate revenue - assets can be physical items, such as machinery or intellectual property. Assets are recorded/reported in a company’s balance sheet 📑, which is one of the crucial financial statements.

Assets accumulated, wisely purchased or invested in, can bring lots of prospects and opportunities and can provide numerous methods of solving financial problems. FINSIRE is focused on solving such economic problems and is helping to create solutions to prevent financial crises. 😥

📈 What are Asset Classes?

An asset class is a grouping of investments that exhibit similar characteristics and are subject to the same laws and regulations. Equities (e.g. stocks), fixed income (e.g., bonds), cash and cash equivalents, real estate, commodities, and currencies are common examples of asset classes.

💎 What does Finsire offer?

Finsire APIs/WebApp/SDKs/Iframes 🔐

It helps the users to fetch their Assets either which are Financial instruments or Informational and then can be reflective to the company and users both.

1. Asset Gateway

API

Functionality

Integrations

Additional details

AA Gateway APIs

Dynamic Multi AA

One Money, Anumati, Finvu, Protean, NADL, Digio

Basic details about assets including bank account, mutual funds and stocks

Vehicle API

Vehicle 360° View

3D rendering vehicles

Enhances overall viewing experience

Vehicle API

Vehicle Analyser

Vehicle Valuation

Market price

Insurance details

Integral for insurers and financiers to determine the current value and risk associated with a vehicle

Vehicle API

Challan History

Vahaan

Challan associated with the vehicle

Real Estate Analyzer API

Area wise Pricing

Finsire APIs - Sub-registrar office

Facilitates property valuation and ownership verification and comprehensive real estate investments

2. AI Analyzer

Net Worth Analyzer with Reports

API

Functionality

Integrations

Additional details

Net Worth Assets API

Mutual Funds

AA - Finsire Analytics

Allows for the tracking and management of mutual fund investments

Net Worth Assets API

Stocks

AA - Finsire Analytics

Provides access to securities for wealth management, aiding in investment decisions and portfolio analysis

Net Worth Assets API

Insurance, NPS, GST, ITR

AA - Finsire Analytics

Integrates insurance, pension, and tax details for comprehensive financial planning and advisory services

Net Worth Assets API

Vehicle

AA - Finsire Analytics

Market price

Insurance details

Integral for insurers and financiers to determine the current value and risk associated with a vehicle

Net Worth Assets API

Real Estate

AA - Finsire Analytics

Facilitates property valuation and ownership verification and comprehensive real estate investments

API

Functionality

Integrations

Additional details

Net Worth Liabilities API

CIBIL and Credit Card Details

Dynamic Multi AA

Derivation of liabilities details

Credit history analysis

Payment history tracking


Asset Analyzers

API

Functionality

Integrations

Additional details

Bank Statement Analyzer API

Bank Accounts [Retail and Merchant Client: Investment and Lending-specific]

AA - Finsire Analytics

For consolidating bank account information across multiple institutions, enabling financial apps to offer an aggregated financial view to users

Mutual Fund Analyzer API

Analyzes Mutual Fund Investments

AA - Finsire Analytics + External Source Integration

Comprehensive mutual fund performance analysis.

Integrates with external market data for enriched insights.

Supports fund selection and portfolio management.

Stock Analyzer API

Evaluates Stock Investments

AA - Finsire Insights, External Market Data

Provides real-time stock performance analytics.

Offers predictive insights based on historical data.

Enhances strategies with market trend analysis.

Real Estate Analyzer API

Evaluates Real-Estate Properties

Valuations, Property Details

Provides valuations and detailed property analytics.

Includes stamp duty and land registration details.

Aids in investment and property management decisions.

Vehicle Analyzer API

Assesses Vehicle Value and Insurance Details

Valuations, Insurance Data

Delivers Insured Declared Value (IDV) for insurance.

Adjusts valuations based on market conditions.

Facilitates comprehensive vehicle financial assessments.

Nearly 55 data points of the vehicle


3. Secured credit - Loan against Mutual Funds and Shares

Technology Service Provider

API

Functionality

Integrations

Additional details

Pre-approved Credit Limit API

Mutual Funds and Shares

Finsire Analytics

Asset evaluation

Risk profiling and predictive insights to determining credit limit

Loan against MF API

Term loan and overdraft With LOS, CMS, and LMS

CAMS, KFintech, MF Central

Secures loans against mutual fund assets, necessary for asset-backed lending services

Loan against Securities API

Term loan and overdraft With LOS, CMS, and LMS

NSDL [TP-LAS & DP-LAS]

Secures loans against demat securities and mutual funds, necessary for asset-backed lending services

Loan against Securities API

Term loan and overdraft With LOS, CMS, and LMS

eLAS

Work-in-progress: Pledge demat securities with a depository participant

Lending Service Provider

API

Functionality

Integrations

Additional details

Direct Sales Agent Integration

Term loan and Overdraft with LAMF [with LOS and CMS]

Bajaj Finance

South Indian Bank

City Union Bank

Facilitates marketing and sales of financial products, aiding customer acquisition for distributor

Main Portal 📟

It allows any representative from the company to view, manage and operate on their users' data to provide them with required services according to the use case, here in they can view combined data and analytics on all their users according to the business divisions, and individual user information which is downloadable and can be used across for various functions in the company.

🧩 Problem and the bigger picture

India is growing and although we were taught the value of assets, many of us do not know how these assets can be useful to us in time of need.

🤔The biggest problem in asset mapping can vary depending on the specific context and goals of the mapping effort. Asset mapping is a process used in various fields, such as community development, business, and natural resource management, to identify and assess the available resources and assets in a given area. Some common challenges and problems associated with asset mapping include:

  1. Incomplete or outdated data: One of the primary issues in asset mapping is the availability of incomplete or outdated data. Assets may change over time, and keeping the information up-to-date can be a significant challenge.

  2. Lack of standardization: Inconsistent data collection methods and a lack of standardized terminology can lead to confusion and difficulty in comparing and using asset data. Combining and integrating data from different sources or sectors can be complicated, as it often involves dealing with disparate datasets and formats.

  3. Data Privacy and Security: In some cases, asset mapping may involve sensitive data, and ensuring privacy and security can be a challenge, especially when sharing data with multiple stakeholders.

  4. Identifying all relevant assets: It can be difficult to identify and map all relevant assets in a given context. Some assets may be hidden, informal, or not immediately obvious.

  5. Resource constraints: Asset mapping can require time, financial resources, and human resources. Smaller organizations or communities with limited resources may find it challenging to conduct comprehensive asset mapping.

To address these challenges, careful planning, stakeholder involvement, data quality assurance, and the use of appropriate technology and tools are essential. Asset mapping efforts should also be adaptable and flexible to accommodate changes over time.

Additionally, addressing privacy and security concerns is crucial in data-intensive asset mapping initiatives.