Overview

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

Welcome to Finsire!✨ 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.

Indian households 🏘️ hold over 14 trillion dollars in assets, and global households' assets are over 400 trillion dollars. Today, any actions like lending, 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, which is stored in the form of 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 inhouse 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 to a company and reap benefits to the asset-owner.

Assets are 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 crisis. 😥

📈 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.

APIFunctionality
Data : Asset Gateway APIDynamic Account Aggregator Integration
Real Estate
Payslip
Vehicle
Bank Statement Analyzer
GST
ITR
MCA
Alternate KYC
EPF
Utilities
Education
Work Experience
Vehicle Advanced APIVehicle 360 View
Current market rate, Purchase value, LTV
Vehicle RC and Owner details
Networth APIBank Account Statements
Mutual funds
Stocks, Bonds
Insurance, NPS, RE, Vehicle, EPF
Asset Modifier APINon Commercial transactions and Updating
Mutual fund Portfolio assessment APIAccount statement for mutual funds
Tax Analysis APIIncome, LTCG, STCG, losses and other income
Pre Approved Credit APIAvailable underwriting value verified through various risks associated with asset
Asset Analyzer APISocial Info, Asset Diversification and user's correspondence attached to it.
Direct Sales Agent IntegrationLAMF, LAS, LAI and LAV [and more]
Loan Against Vehicle APIVehicle Pledge, invoke, and revoke
Loan against MF APIMFs pledge, invoke, and revoke
Loan against Securities APIStocks and bonds pledge, invoke, and revoke

Main Portal 📟

It allows the any representative from the company to view, manage and operate on their users' data for providing them 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.