[Funding alert] Fintech startup Fintso raises $2.6M in maiden round
Summary
Wealth management platform Fintso has raised $2.6 million from a set of individual angel investors, including Rajeev Juneja (CEO of Mankind Pharma), Pratul Shroff (Founder of eInfochips), Dilip Khandelwal (MD and Head of Technology, Asia Pacific, Deutsche Bank), Piyush Gupta (Group CFO, HT Media), and a few other general partners of consumer VC funds in India. Commenting on the investment, George Mitra, Co-founder and CEO of Fintso, said, Started just three months back, Fintso claims to be a deep-tech based PaaS (Platform-as-a-Service) which was founded by wealth management industry veterans George Mitra and Rajan Pathak. It aims to enable digital players to become omnichannel by allowing them to showcase their products to a larger audience in an efficient manner. Speaking about the solution, Fintso’s Co-founder Rajan Pathak, said, Prior to founding Fintso, George Mitra was the CEO of Avendus Wealth, managing an AUM of $4 billion. On the other hand, Rajan Pathak was the CEO of IFAN, managing a team servicing 1,300+ independent advisors who advised on assets of $500 million.