Information Technology & Services - Nashik, Maharashtra, India
Netwin Fintech's primary mission is to create an ecosystem for small merchants (annual revenues of INR 10 lakhs to 2.5 Crores) wherein these merchants get easy and efficient access to fair financing for their business. Towards achieving this mission, Netwin Fintech has a technology platform SureSell which enables these merchants to carry our Presentment, Payment & Financing of their Purchase Invoices (from their Suppliers) completely digitally from their shops.Netwin Fintech's SureSell in partnership with its Lending Partners (Banks/NBFSs etc.) provides the merchants with a solution (mobile app) through which the Retailers can accept invoices from their Suppliers, pay the invoices immediately from their linked current account or avail of the credit limit from the Lenders and pay the invoices later. In all cases, the Supplier (Wholesaler or Distributor) is paid immediately (digitally) by the Lender upon acceptance of the invoice by the Retailer. The entire operations of Credit Limit Application & Sanction, Invoice Upload, Invoice Acceptance, and Payment/Repayment happens digitally from a mobile app which the Retailers/Wholesalers can do from their shops without having to visit the branches of any Bank.SureSell is live since June 2021 with over 1500 Merchants on the platform. We are targeting 𝟒𝟎𝟎𝐊 Merchants mainly from tier2 cities and beyond, with a transaction size of 𝟒𝟓𝟎𝟎𝟎𝐂𝐫 (Value of Invoices Financed annually) in the next five years.
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