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5nance

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5nance
Founders Dinesh Rohira, Ajay Arjit Singh
Key People Vivek Gokhale, Smruti Kanta Mohanty, Raisa Kazi, Chintan Vora.
Products Tax Max tax advisory platform, FIT-SIP algorithm driven investment offering, Loan Genie
Services Advisory in mutual funds, loans, gold, equities, insurance, fixed deposits, bonds.
Website URL www.5nance.com

5nance (est. 2015) is a fin-tech company headquartered in Mumbai, India.[1] [2] It provides financial advisory services.[3] [4]

History[edit | edit source]

5nance started in 2015 by providing free automated investment advice and robo-advisory services. It also offered many financial micro-control plans such as budgeting, expenses tracking, and savings optimisation.[5] In February 2016, the company added equity advisory to its list of services.[6]

In March, 2018, 5nance launched an initiative called 'Visionaari' to create awareness about financial and investment opportunities for women in India.[7]

Services[edit | edit source]

5nance offers financial solutions related to investments, financing, insurance, mutual funds, equities, gold, corporate deposits, bonds, loans, credit cards etc.[8] The company provides tax advisory services that address all tax planning needs including tax benefits under relevant sections of Indian tax laws.[9]

Funding[edit | edit source]

5nance had raised $3 mn in July 2012. It then raised another $1.5 mn between November 2013 and May 2014 and $1 mn in July 2015.[10]

References[edit | edit source]


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