Confused about the home loan, personal loan, business loan, loan against property, credit card, car loan, SME loans, insurance etc.? Click on iServe Financial and you have answers to all your questions. They simplify the financial issues and make things simple to understand.
About the company
iServe Financial is, Pune based, offline and online loan comparison and deals platform. The platform connects consumers to more than fifty financial intermediaries such as banks and NBFCs. They help consumers by providing multiple online tools where they can search, analyze and compare different types of loans. This allows consumers to make the right decision. The platform also helps consumer getting the best interest rates, highest loan amount and lowest application fee. Offline, the company is expanding in more than 25 cities with more than 250 professionals. They bring door step service to the consumer. They make sure to assist consumers until the deal is done and delivered. Established in 2014, the company was founded by Dipak Samanta, Rahul Bhaik, Krishna Iyer, and Sasanka Panda.
The company has raised an undisclosed amount in seed funding by Nilesh Shah, CEO, Kotak Mutual Fund. Nilesh Shah, in a timesofindia.indiatimes.com, said, “Financial advice and solutions is a huge market ripe for digitization, disruption, and consolidation. As more and more consumers turn affluent, they are looking for savvy, new-age wealth partners that can help serve their needs across their assets, liabilities and protection needs. The iServe team brings a great blend of financial and technological knowledge, expertise, aggression, and seamless execution to the marketplace”.
BankBazaar and PaisaBazaar are some biggest rivalries iServe has to face. They plan to use the funds for the further improvement of their online platform so that they can better take on their rivalries. According to a report on inc42.com, Dipak Samanta, said that the there is a gap in the market between traditional offline players like Andromeda and new online players like BankBazaar. This leaves the consumers scrambling between information search online and fulfillment offline. iServe is build to bridge this gap.
Till now iServe has served more than 5000 consumers and are looking to serve more. They plan to find better ways to serve the financial needs of the consumer in the retail loan, investment, and protection solution.