ARK7 launches Reg A+ platform with Dalmore Group
Dalmore Group welcomes ARK7, a newplayer in the rapidly expanding RegA+ series issuer arena, delivering astock-like real-estate investmentplatform which allows anyone over the .
Nationally Recognized Rest App That Launched the Scientific Sleep Phenomenon Opens to Crowdfunding Investors
Restflix, a science-backed streamingservice designed for better anddeeper sleep, has officially .
Dalmore Group Teams with Global Wine Marketplace Vinsent for Direct Reg CF Offering
Veteran Reg A+ Broker-Dealer DalmoreGroup announced the Reg CF launch ofVinsent, a company that is working toenhance the wine industry ecosystem .
Pakt Bags, Inc. Launches Investment Campaign to Expand Line of Exceptional Travel Products, raising up to $1.07M
ARK7 launches Reg A+ platform with Dalmore Group
Dalmore Group welcomes ARK7, a newplayer in the rapidly expanding RegA+ series issuer arena, delivering astock-like real-estate investmentplatform which allows anyone over the .
Nationally Recognized Rest App That Launched the Scientific Sleep Phenomenon Opens to Crowdfunding Investors
Restflix, a science-backed streamingservice designed for better anddeeper sleep, has officially .
Dalmore Group Teams with Global Wine Marketplace Vinsent for Direct Reg CF Offering
Veteran Reg A+ Broker-Dealer DalmoreGroup announced the Reg CF launch ofVinsent, a company that is working toenhance the wine industry ecosystem .
Pakt Bags, Inc. Launches Investment Campaign to Expand Line of Exceptional Travel Products, raising up to $1.07M
ARK7 launches Reg A+ platform with Dalmore Group
Dalmore Group welcomes ARK7, a newplayer in the rapidly expanding RegA+ series issuer arena, delivering astock-like real-estate investmentplatform which allows anyone over the .
Nationally Recognized Rest App That Launched the Scientific Sleep Phenomenon Opens to Crowdfunding Investors
Restflix, a science-backed streamingservice designed for better anddeeper sleep, has officially .
Dalmore Group Teams with Global Wine Marketplace Vinsent for Direct Reg CF Offering
Veteran Reg A+ Broker-Dealer DalmoreGroup announced the Reg CF launch ofVinsent, a company that is working toenhance the wine industry ecosystem .
Pakt Bags, Inc. Launches Investment Campaign to Expand Line of Exceptional Travel Products, raising up to $1.07M
July 20, 2021 @ 11:06 pm By Priyanka Pani
pinBox, a global PensionTech working towards providing digital micro-pension and social security inclusion, has raised $ 1 million in funding from Venture Catalysts (Vcats), an integrated incubator, along with accelerator fund 9unicorns.
Founded in 2016 by industry veterans Parul Seth Khanna and Gautam Bhardwaj, pinBox uses technology, process innovation, and a simple, intuitive user interface to address friction and access challenges in delivering micro-pension and insurance solutions to underserved informal sector workers.
pinBox has partnered with WhatsApp to make savings as quick, easy, and simple as sending a text message.
Talking about the need for micro-pension products,
Gautam Bhardwaj, co-founder of pinBox said that the self-employed women and informal workers without savings and insurance were more vulnerable to risks. Hence it was necessary to create products suitable for this group of population.
WhatsApp is on its way to rolling out micro-pension products for the Indian masses In spite of a robust fintech ecosystem, no startup has attempted to cater to an underserved Indian market
WhatsApp could be facing tough challenges as the low-income population lacks financial awareness and the habit of saving
When messaging giant WhatsApp announced its foray into micro-pension products in December 2020, it turned out to be a first-of-its-kind initiative in the Indian fintech space. This is surprising, given the massive depth and reach of the sector. India has 2,000+ fintech startups, and they collectively raised more than $2.1 Bn in 2020, the year of the pandemic, which resulted in an unprecedented slowdown. Moreover, the requirement is already here. From a young demographic in its late 20s in 2019, the Indian population will comprise 20% senior citizens by 2050. Add to that poor financial literacy and a not-so-inclusive annuity market, and the reality looks grim enough. So, what