INDmoney Revenue, Valuation, Funding & Investors

ClearTax is a Bangalore-based fintech platform for income tax filing, GST compliance, and mutual fund investments serving over 20 million users in India. It offers e-filing for ITR-1 to ITR-7 forms, automated deductions under sections 80C and 80D, and API integrations for CAs. Backed by Sequoia and Y Combinator since 2014, ClearTax processes billions in tax refunds annually through partnerships with banks like HDFC.

Monarch Money is a subscription platform for personal finance management based in San Francisco. The app aggregates transactions from bank accounts and credit cards, generates budgets, and tracks net worth. Launched in 2021, it serves U.S. consumers with features for goal setting, investment monitoring, and partner sharing.

Albert is a U.S. fintech company, launched in 2016, that provides a mobile app combining automated savings, budgeting, investing, and access to human financial experts for personalized advice. Additional features include Instant, which offers paycheck advances, aimed at improving the financial wellness of middle-income Americans living paycheck to paycheck. The app has grown to millions of registered users, who have collectively saved hundreds of millions of dollars since its launch.

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support.

Tally is a financial automation platform founded in 2015 that manages credit card debt through automated payments. San Francisco-based, it negotiates lower interest rates with issuers like Chase and Citi while optimizing payoff strategies. The app monitors spending and builds savings accounts for users tackling over $10 billion in debt.

Masterworks is a fractional art investment platform enabling purchases of shares in multimillion-dollar paintings by artists like Picasso, Warhol, and Banksy. Headquartered in New York, the company acquires blue-chip artworks, securitizes them, and offers liquidity through a secondary marketplace. Managing over $1 billion in art assets, it provides audited returns averaging 13.8% net annualized based on historical sales.

Monex Group Inc is functional in the financial services domain of Japan. Its core business is that of securities trading. Operating in the capital markets industry, the company renders such services as online securities business, the foreign exchange (FX) trading business, as well as the provision of merger and acquisition (M&A) advisory services. Most of its revenue is in the form of brokerage derived from its capital market activities majorly in Japan and on a minor scale in the United States and China.

Bourse Direct is engaged in providing Internet stock brokerage services in France. The company offers a platform of services, tools, and financial products, including French and foreign equities, derivatives, trackers, warrants, certificates, turbos, mutual funds, UCITS, and CFDs, as well as tax exemption, real estate, and life insurance products.

Omie is a São Paulo-headquartered SaaS provider of cloud ERP and financial management software for Brazilian SMEs. The platform integrates accounting, invoicing, payroll, and CRM features tailored for entrepreneurs and accountants. Through its ecosystem of certified consultants, Omie facilitates sales and implementation nationwide. Founded in 2013, it processes transactions compliant with Brazilian tax regulations like NF-e and eSocial.

Khatabook is a Bengaluru-headquartered SaaS platform digitizing accounting for micro, small, and medium enterprises in India. Launched in 2018, it supports ledger management, payments, and invoicing in 11 Indian languages through its Android app used by merchants nationwide. The platform received the Best Innovative Mobile App award at India Digital Awards in 2020.

Virtuous Software is a Phoenix-based provider of fundraising and donor management software for nonprofits, founded in 2014. Its cloud platform combines CRM, marketing automation, payments, and donor engagement analytics to help nonprofit organizations build donor relationships and grow giving. Virtuous serves mid-market to enterprise nonprofits across North America, with expanding operations in Europe, Asia, and Australia.

Check is a payroll platform enabling companies to embed payroll features into their software. The Chicago-headquartered service provides APIs and infrastructure for vertical SaaS providers in workforce management. Launched publicly in 2021, it supports partners serving businesses across the United States and is backed by Stripe, Thrive Capital, Index Ventures, and Bedrock.

Zeller is a Melbourne-headquartered fintech company that delivers integrated payment acceptance, expense management, and payout solutions for Australian businesses. The platform supports EFTPOS terminals, online payments via Visa and Mastercard, and automated reconciliation through its app. Businesses complete instant online onboarding without contracts, accessing features like next-day payouts and virtual cards. Founded in 2018, Zeller processes billions in annual transactions for over 20,000 merchants ranging from cafes to construction firms, holding an Australian Financial Services Licence.

Digits is a fintech company building accounting and business finance software for accountants, CPAs, and finance professionals. Its proprietary Living Model uses machine learning to understand a business's finances in real time, analyzing customers, suppliers, bank accounts, employees, and the transactions between them at an object level. Products such as Digits Reports and its Report Builder sit on top of existing accounting platforms like QuickBooks, giving accounting firms real-time financial reporting they can activate across their client portfolios in a few clicks.

Fi.Money is a neobanking app offering an integrated savings account and VISA debit card in partnership with Federal Bank, licensed by the Reserve Bank of India. The platform enables users to track spending, automate savings, invest in mutual funds, and manage insurance through its mobile interface. Launched in India, Fi.Money processes transactions via UPI and provides tools for budgeting, credit scores, and family accounts, serving millions of users with FDIC-equivalent insurance up to specified limits.

Smart is a London-headquartered digital pensions platform offering workplace pension schemes and custom software for retirement savings. It manages auto-enrolment programs, master trusts, and international pension administration through cloud-based tools that handle contributions, investments, and compliance for employers worldwide.

Teamshares Inc is a tech-enabled company that acquires and operates small and medium-sized businesses. It uses a software platform to support activities across the acquisition lifecycle, including sourcing, evaluation, and transaction execution. After acquisition, the platform is used to integrate financial and operational data and to monitor performance across its portfolio companies. The company has two reportable segments: Small Business Acquisitions and Real Estate. The majority of revenue is derived from the Small Business Acquisitions, which includes all of the Operating Subsidiaries owned by the company.