# Icredizen Financial Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/icredizen-financial-technologies-pvt

- Industry: Financial Services
- Headquarters: Hyderabad, India
- Website: www.icredizen.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Mar 21, 2016)
- Investors on record: 3

## About

Icredizen Financial Technologies Pvt. Ltd. is an innovative firm specializing in advanced financial technology solutions that enhance operational efficiency and customer engagement across diverse industries.Founded in 2014 in Hyderabad, India, Icredizen Financial Technologies Pvt. Ltd. focuses on financial technology solutions tailored for businesses. The company has engaged in three investment deals, with its most recent funding being a Seed round in 2018, during which it raised INR 24.000 mn from investors including Pix Vine Capital and SGInnovate. The total amount raised by the firm is also INR 24.000 mn. In October 2018, the company was acquired by AsiaCollect Holdings Pte. Ltd., a portfolio company of Dymon Asia Ventures, Fintonia Group, Forum Capital, and SIG Asia Investment.Icredizen Financial Technologies specializes in a suite of innovative software solutions designed to address specific needs within the financial sector. These offerings include technology that optimizes business operations and enhances customer engagement, targeting industries such as retail, healthcare, and logistics. Their products are sold in North America, Europe, and parts of Asia, aimed at serving both small-to-medium enterprises (SMEs) and larger corporations, with users ranging from business managers to frontline employees.In the most recent fiscal year 2023, Icredizen Financial Technologies reported total revenue of INR 454,623.70 and an EBITDA of -INR 165,517.10, indicating a focus on growth and expansion despite current financial pressures. The company generates revenue through a multi-faceted structure that includes subscription models, B2B partnerships, and direct consumer sales, offering tiered pricing plans tailored to the operational needs of their clients.Icredizen has plans for future growth that include the development of new products aimed at enhancing their existing software suite, although specific release dates have yet to be announced. The company is also targeting expansion into new geographic markets, particularly in Southeast Asia, by the end of 2024. Recent funding from the Seed round will be utilized to support these initiatives, as the firm seeks to enhance its product offerings and extend market reach.

## Funding rounds

- Seed, Mar 21, 2016, $0.4M — Pix Vine Capital, SGInnovate
- Angel, Apr 13, 2015, $0M — Startupbootcamp

## Investors

- Startupbootcamp (https://capitalatlas.ai/funds/startupbootcamp) — Angel
- Pix Vine Capital (https://capitalatlas.ai/funds/pix-vine-capital) — Seed
- SGInnovate (https://capitalatlas.ai/funds/sginnovate) — Seed