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

APIFunctionalityIntegrationsAdditional details
AA Gateway APIsDynamic Multi AAOne Money, Anumati, Finvu, Protean, NADL, DigioBasic details about assets including bank account, mutual funds and stocks
Vehicle APIVehicle 360° View3D rendering vehiclesEnhances overall viewing experience
Vehicle APIVehicle AnalyserVehicle ValuationMarket price

Insurance details

Integral for insurers and financiers to determine the current value and risk associated with a vehicle
Vehicle APIChallan HistoryVahaanChallan associated with the vehicle
Real Estate Analyzer APIArea wise PricingFinsire APIs - Sub-registrar officeFacilitates property valuation and ownership verification and comprehensive real estate investments

2. AI Analyzer

Net Worth Analyzer with Reports

APIFunctionalityIntegrationsAdditional details
Net Worth Assets APIMutual FundsAA - Finsire AnalyticsAllows for the tracking and management of mutual fund investments
Net Worth Assets API StocksAA - Finsire AnalyticsProvides access to securities for wealth management, aiding in investment decisions and portfolio analysis
Net Worth Assets API Insurance, NPS, GST, ITRAA - Finsire AnalyticsIntegrates insurance, pension, and tax details for comprehensive financial planning and advisory services
Net Worth Assets API VehicleAA - Finsire AnalyticsMarket price

Insurance details

Integral for insurers and financiers to determine the current value and risk associated with a vehicle
Net Worth Assets API Real EstateAA - Finsire AnalyticsFacilitates property valuation and ownership verification and comprehensive real estate investments
APIFunctionalityIntegrationsAdditional details
Net Worth Liabilities APICIBIL and Credit Card DetailsDynamic Multi AADerivation of liabilities details

Credit history analysis

Payment history tracking

Asset Analyzers

APIFunctionalityIntegrationsAdditional details
Bank Statement Analyzer APIBank Accounts [Retail and Merchant Client: Investment and Lending-specific]AA - Finsire AnalyticsFor consolidating bank account information across multiple institutions, enabling financial apps to offer an aggregated financial view to users
Mutual Fund Analyzer APIAnalyzes Mutual Fund InvestmentsAA - Finsire Analytics + External Source IntegrationComprehensive mutual fund performance analysis.

Integrates with external market data for enriched insights.

Supports fund selection and portfolio management.
Stock Analyzer APIEvaluates Stock InvestmentsAA - Finsire Insights, External Market DataProvides real-time stock performance analytics.

Offers predictive insights based on historical data.

Enhances strategies with market trend analysis.
Real Estate Analyzer APIEvaluates Real-Estate PropertiesValuations, Property DetailsProvides valuations and detailed property analytics.

Includes stamp duty and land registration details.

Aids in investment and property management decisions.
Vehicle Analyzer APIAssesses Vehicle Value and Insurance DetailsValuations, Insurance DataDelivers 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

APIFunctionalityIntegrationsAdditional details
Pre-approved Credit Limit APIMutual Funds and SharesFinsire AnalyticsAsset evaluation

Risk profiling and predictive insights to determining credit limit
Loan against MF APITerm loan and overdraft With LOS, CMS, and LMSCAMS, KFintech, MF CentralSecures loans against mutual fund assets, necessary for asset-backed lending services
Loan against Securities APITerm loan and overdraft With LOS, CMS, and LMSNSDL [TP-LAS & DP-LAS]Secures loans against demat securities and mutual funds, necessary for asset-backed lending services
Loan against Securities APITerm loan and overdraft With LOS, CMS, and LMSeLASWork-in-progress: Pledge demat securities with a depository participant

Lending Service Provider

APIFunctionalityIntegrationsAdditional details
Direct Sales Agent IntegrationTerm 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.