Finova Technologies Information

What is Finova? Finova is a cutting-edge FinTech solution provider, both in terms of consumer facing and institutional, which applies technology in financial services to create disruptive business model and inclusive products. Our Vision: To be the most reputed and the largest FinTech solution provider in Bangladesh. Our Mission: To transform financial industry in Bangladesh for the better with the use of technology in order to ensure that the end users achieve the highest value Background: The rapid expansion of connectivity provides an opportunity to make significant advances in financial and technological inclusion. By creatively leveraging innovative financial technology – “fintech” – we can develop solutions that are affordable, convenient, transparent and accessible for more people, achieving impact at scale in markets where social and utility infrastructures may not exist. Our Products: SME eCOMMERCE MARKETPLACE: Currently we are designing an e-Commerce marketplace for Small & Medium Enterprise (SME) borrowers of banks. The product will be sold to banks to ring-fence their SME clients will value added services which is missing in this sector. All banks play around with the features of their loan products (mainly interest rates, and tenor), which can be easily copied by the competitor banks. DORPON (eCOMMERCE ARTISAN MARKETPLACE): We launched an e-Commerce marketplace for women, especially artisans. Artisans with various skills such as knitting, handicrafts, etc. can get connected in this platform and we will take care of promotion, selling, payments, and delivery of their products to the end-users. It will also support loans to the sellers. Upcoming Products: In near future, we will develop insurance products, P2P Lending platform, Blockchain technology based solutions, Payments solutions, etc.