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Finance

TresVista Continues Expansion Plans with Key Leadership Appointments

March 6, 2025

TresVista, a leading provider of outsourced financial solutions, is pleased to announce the appointment of William (Bill) Perkins as the Global Head of Sales and Arnab Chakravorty as the Head of HR Operations. These strategic hires are part of TresVista’s ongoing efforts to further strengthen its leadership team and drive the company’s growth trajectory.

Based out of TresVista’s London Office, Bill Perkins brings over two decades of experience from his previous roles at Vanda Research and S3 Partners. He also spent nearly two decades at Gerson Lehrman Group (GLG) as General Manager – EMEA Credit & Public Equity, where he played a key role in expanding the firm’s client base and market influence.  In his new role, Perkins will be responsible for developing and executing the organization’s global sales strategy. His extensive background in financial services and proven track record in sales leadership will be instrumental in expanding TresVista’s market presence and driving revenue growth.

Arnab Chakravorty, based out of TresVista’s Mumbai office, has over 22 years of experience in leading HR functions at global multinational companies such as GE Capital, Bank of America, Aon Hewitt, Genpact, and Accenture. He will oversee key functions, including talent acquisition, HR operations, performance management, and business partnering. Arnab’s expertise in technology integration will be crucial in driving efficiency and innovation within TresVista’s HR function.

“We are thrilled to welcome Bill and Arnab to our leadership team,” said Sudeep Mishra, Managing Director and Co-CEO of TresVista. “Their extensive experience and proven leadership will be invaluable as we continue to execute our growth strategy and enhance our service offerings.”

These appointments, along with continued investments in infrastructure, reflect TresVista’s commitment to support its growth plans. The new hires will complement the leadership team that TresVista has been steadily expanding over the past year as part of their long-term strategy. The company looks forward to leveraging Bill and Arnab’s expertise to continue driving innovation, improve operational efficiency, and deliver exceptional value to its clients.

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Finance

Tap Bonds: India’s First AI-Powered Bonds Research and Analysis Platform

February 27, 2025

Bengaluru, February 27, 2025 – Tap has launched Tap Bonds, India’s first AI-powered platform for bonds research and analysis. The platform targets the growing base of bond investors in India and offers tools such as screeners, summarizers, and payout trackers.

Tap Bonds is designed to provide investors with a comprehensive suite of resources for informed decision-making. The platform comes equipped with advanced tools like screeners and summarizers, which help investors filter and condense vast amounts of data. This allows investors to quickly identify bonds that meet their criteria and make well-informed decisions.

One of the key features of Tap Bonds is its real-time data integration from the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This ensures that investors have access to the latest market information, allowing them to stay ahead of market trends and make timely investment decisions. In an industry where few are venturing, Tap Bonds is setting a new benchmark in the bond market in India, which has grown to an impressive $2.69 trillion.

“Tap Bonds is set to transform bond investing in India,” said Soumya Kushwaha, Co-founder of Tap. “Our tools and real-time data integrations provide users with essential information for making investment decisions.”

The standout feature of Tap Bonds is the payouts tracking tool. This tool allows investors to monitor bonds across over 20 platforms and 20,000 bonds, making portfolio management seamless and efficient. The payouts tracking tool is particularly beneficial for those looking to invest in high-yield bonds in India and track their investments in real time. This feature eliminates the hassle of manually tracking payouts from different sources, saving investors time and effort.

“With Tap Bonds, we aim to enhance the bond investing experience,” added Nishchay Nath, Co-founder. “The AI-driven tools will redefine industry standards, offering users a more streamlined and efficient way to manage their bond investments.”

Himanshu Chowdhary, Co-founder & CTO, highlighted the role of technology in Tap Bonds: “At Tap, we use technology to make bond investing more accessible and efficient. Our AI-powered platform offers investors the tools they need to make better investment decisions. Whether you’re interested in government bonds, corporate bonds, or tax-free bonds in India, Tap Bonds has you covered.”

The platform’s user-friendly interface and advanced features make it easy for both novice and experienced investors to navigate the bond market. By leveraging artificial intelligence, Tap Bonds provides investors with insights and recommendations that are tailored to their individual needs and preferences.

The launch of Tap Bonds comes at a time when the demand for AI in finance is growing rapidly. The AI in finance market is projected to grow from $38.36 billion in 2024 to $190.33 billion by 2030, reflecting a 30.6% annual growth rate. This growth underscores the importance of AI-powered platforms like Tap Bonds in the financial sector.

Tap Bonds is well-positioned to capitalize on this trend by offering a platform that combines advanced technology with user-friendly features. The platform’s ability to provide real-time data, advanced screening tools, and comprehensive payouts tracking

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Finance

How to Maximize the Benefits of a Term Insurance Policy Over Time?

February 21, 2025

Term insurance plans are a commonly chosen option for both financial security and tax benefits. Yet, it’s not that simple. Choosing the term insurance plan should not be followed by relaxing while paying premiums. Rather, being active and modifying the financial strategies as needed is essential to leverage the maximum benefit from the plan. Read on as we cover different points concerning this suggestion.

Methods to Obtain Maximum Benefits From Term Insurance Policy

The following tips must be kept in mind to receive maximum benefits from the term insurance policy over time:

Understand the Needs

It involves determining the right term insurance policy suitable for you. It is decided based on multiple factors such as present income, expenditures, expected increase in income in future and other crucial financial aspects. Current debts, loans and essential future expenses such as education and marriage costs or property buying costs must be considered when choosing a sustainable term insurance plan.

It will allow easy management of the insurance premiums. For instance, if you are looking for the best term plan for 1 crore, calculating premiums using a term plan premium calculator will offer insights into affordability and sustainability based on the mentioned types of expenditures.

Choose Suitable Tenure

The overall tenure plays a key role in determining the benefit a policyholder will receive. This tenure should be in alignment with your necessary financial expenditures and employment status.

Look For a Convertible Term Plan

Once you’ve chosen the right tenure, consider other options, like converting your term plan. Among the different options, choose the one that offers the flexibility to convert the term plan into a whole life or an endowment plan. It improves cash flow and finance management as per the monetary updates in life. Based on the finances, one can also proceed to choose the best term plan for 1 crore or go for conversion upto this value. Using a term plan premium calculator will be a wise decision to take for informed decision-making.

Choose to Obtain Riders

Riders refer to the optional add-ons in a term insurance policy. These are of different types and insured individuals include riders in their plans to gain extra coverage. Riders allow policy customisation as per their individual needs. Some of the examples of riders include:

-Critical illness rider that offers a lump sum if the policyholder is diagnosed with a critical illness

– Accidental death benefit rider offers additional payment on accidental death of the policyholder

– Long Term Care (LTC) rider allows monthly payments to policyholders if they need home care or are required to stay at a nursing home

– Waiver of premium rider that waives the premium for a specific period of time or in case of disability or inability to work

Obtain Tax Benefit

The policyholders can use term insurance plans to claim tax deductions. It is possible via section 80C of the Income Tax Act, which makes individuals eligible for tax deductions up to INR 1.5 lakhs per annum.

It is applicable if the policyholders are paying premiums. Additionally, the payout upon the policyholder’s death is tax-free. The stated benefit is available under Section 10(10D). Policyholders are recommended to make use of tools like term plan premium calculators to assess the financial impact of the benefits.

Understand Claim Process

Besides the self-understanding of the tax claim process, awareness among the beneficiaries is necessary, too. They must be aware of the tax-free nature of the received amount and the claim process. Also, they must be well aware of all the documents and the right individual to contact. Additionally, for the policyholder, the awareness of the maturity amount claiming process and timely claim of tax deductions is essential.

Extend the Policy

The end of the policy will subsequently end the premiums, taking away the opportunity to claim tax deductions. If the insured is employed, an extension of the term insurance plan can help you maximise the benefits. It is possible to choose the renewable term plan, which will increase policy duration by another term until the policyholder attains a specific age.

Consider Inflation

During the time of choosing the term insurance plan, be mindful of inflation. With the passing years, inflation is certain to impact the market. Assess future financial needs considering inflation and make appropriate calculations to identify if the maturity amount will be able to meet the requirements at that time.

The ability to do so will offer maximum value out of the regular premiums now. For instance, if you choose the best term plan for 1 crore in current times, it might be insufficient to cover the future financial needs of the beneficiaries.

Plan Policy Management

The financial changes with time can result in delays or payment lapses. This scenario can lead to paying higher premiums or resulting in the loss of policy. Avoiding such situations is very important. To ensure the practical possibility of the same, there is a need to plan beforehand, especially for low financial situations.

Remain Updated With Market Changes

The financial market is dynamic. Remaining updated with the changes helps you adjust the plans. Remember to leverage online tools, including term plan premium calculator, to make decisions. Further, combining the other investment options with flexible term insurance plans will help optimise the finances and enhance its management.

Conclusion

Term insurance plans offer effective financial security while contributing to tax savings as well. Policyholders can maximise the benefits by following the listed points. Also, when choosing the best term plan for 1 crore or any other plan, ensure to plan the finances by using the term plan premium calculator. Apart from these, we emphasise remaining updated with the changes in the tax regime. Additionally, communication with finance experts is necessary to make logical and informed decisions concerning investments and modifications in term insurance plans.

FAQs on Term Insurance Plans

Q1. What is the three-year rule for term insurance?

The three-year rule for term insurance is listed in the Insurance Act of 1938. It prohibits denial of insurance claims by the insurer on any ground after three years from the date of the policy’s commencement. It includes fraud and misrepresentation.

Q2. What happens if the nominee dies during term insurance?

If the nominee dies while the policyholder is alive, the nomination becomes ineffective. However, in case of the nominee’s death before receiving the death benefit, the amount is paid to legal heirs.

Q3. What happens if a person outlives their term insurance policy?

The fate of premiums depends on the policy. Generally, the living policyholder does not receive any benefit, as the policy provides finances only on the death of the insured. But, there also exists a term insurance plan that offers the return of premium.

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Finance

Brokerage Calculators: Understanding Trading Costs in 2025

February 15, 2025

In the dynamic world of stock trading, understanding the costs associated with your transactions is crucial for informed decision-making. As we navigate 2025, with increasing market participation and evolving trading platforms, brokerage calculators have become valuable tools for traders seeking to understand potential expenses. These tools offer a way to explore estimated brokerage fees, taxes, and other charges, empowering traders to analyze the potential cost implications of their trading activity.

Understanding Brokerage Calculators: Exploring Potential Trading Costs

A brokerage calculator is a tool that can be used to estimate the potential total cost of stock market transactions. It considers factors such as the type of trade (intraday or delivery), trading volume, stock price, and brokerage fee structures. By inputting these details, the calculator can generate a preliminary estimate of brokerage charges, applicable taxes (like STT), and other transaction charges. This can help traders explore the potential impact of these costs on their trading activities. It’s crucial to remember that these are estimates, and actual costs may vary.

Why Understanding Trading Costs is Important in 2025:

  • Cost Awareness: In today’s trading environment, understanding potential costs is important. A brokerage calculator can be used to compare potential fee structures. However, it’s important to note that calculator results are estimates, and actual brokerage fees may vary.
  • Informed Decision-Making: Before executing any trade, it’s prudent to consider the associated costs. A brokerage calculator can provide a preliminary estimate of expenses, allowing traders to explore the potential cost implications of a trade. Confirming final brokerage charges with your broker before executing the trade is essential.
  • Trade Analysis: Whether you’re a frequent trader or a long-term investor, understanding potential trading costs is important. A brokerage calculator can be used to analyze estimated brokerage costs and other charges. However, these are estimates, and actual costs may differ.
  • Transparency: Brokerage fee structures can be complex. A brokerage calculator can be used to explore potential charges. Consulting your brokerage firm’s fee schedule for the most accurate and up-to-date information is essential.
  • Adapting to Market Dynamics: The stock market is constantly evolving, and brokerage firms may adjust their fee structures. It’s your responsibility to stay informed about the latest fee structures from your brokerage firm.

Using a Brokerage Calculator: A Step-by-Step Guide

Using a brokerage calculator typically involves the following steps:

  1. Find a reputable financial website or platform that offers a brokerage calculator.
  2. Input the following information:
    • Type of Trade: Select whether you’re making an intraday trade or a delivery trade.
    • Trading Volume: Enter the number of shares you plan to buy or sell.
    • Stock Price: Enter the current market price of the stock.
    • Brokerage Firm: Select your brokerage firm from the list (or enter the brokerage fee details if not listed).
  3. Click the “Calculate” button.
  4. The calculator will generate a preliminary estimate of the brokerage charges, STT, other transaction charges, and the potential total cost of the trade.

Understanding Trading Costs:

Understanding potential trading costs is an important aspect of participating in the securities markets. It is strongly recommended to consult with a qualified financial advisor before making any investment or trading decisions.

Disclaimer: The results provided by any brokerage calculator are for illustrative purposes only and are based on the information you provide. Actual brokerage charges may vary depending on your brokerage firm’s policies and other factors. This information does not constitute financial advice. It is essential to consult with a qualified financial advisor before making any investment or trading decisions. Investment in the securities market are subject to market risks. Read all scheme related documents carefully before investing. Brokerage calculations can vary, and confirming with your broker is essential. No one can guarantee the accuracy or completeness of the results, and no liability is accepted for any losses incurred as a result of using any calculator. It is your responsibility to verify the current brokerage fees and regulations before making any trading decisions.

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Finance

SIP Calculators: Your Indispensable Tool for Navigating the 2025 Financial Landscape, Including Budget Updates

February 14, 2025

The year 2025 presents both exciting opportunities and unique challenges for investors. With recent budget announcements impacting tax laws, investment incentives, and overall market dynamics, having the right tools to plan and manage your investments is more critical than ever. Among these tools, the SIP (Systematic Investment Plan) calculator stands out as an invaluable resource, especially when considering the latest budget updates, for anyone looking to secure their financial future. Whether you’re a seasoned investor or just starting out, understanding the power of SIP calculators, now enhanced with budget considerations, is essential for achieving your financial goals in 2025 and beyond.

Demystifying SIP Calculators: A Simple Yet Powerful Tool, Now Budget-Aware

A SIP calculator is a free, user-friendly online tool designed to help you project the potential growth of your mutual fund investments made through SIPs. It’s important to understand that these are projections and not guarantees. Instead of investing a lump sum, a SIP allows you to invest a fixed amount at regular intervals (typically monthly) in a mutual fund. This disciplined approach to investing helps mitigate the impact of market volatility and can promote long-term wealth creation. However, market fluctuations can still impact returns. The SIP calculator simplifies the process of estimating your returns by allowing you to input key variables such as your desired monthly investment amount, the assumed rate of return, and the investment timeframe. Critically, updated calculators now incorporate the latest budget changes, including [mention specific tax relief measures, changes to investment schemes, or any other relevant budget announcements that might impact investment returns. For example: “changes to capital gains taxes,” “new deductions for certain investments,” or “revised limits for tax-saving investments”]. The calculator then uses these inputs, along with the updated budget parameters, to project the potential growth of your investment, giving you a possible picture of how your money might work for you over time in the current fiscal context.

Why SIP Calculators are Crucial in the 2025 Financial Climate, Post-Budget:

  • Navigating Market Volatility: Financial markets are inherently volatile, and 2025 is expected to be no different. SIPs, by their very nature, help average out the cost of your investments over time, reducing the impact of market fluctuations. A SIP calculator, now factoring in budget-related market influences, can help you understand how this averaging works and how it may benefit you in a volatile market. However, it’s important to remember that SIPs do not eliminate the risk of loss.
  • Setting Realistic Financial Goals, Considering Budget Impact: Whether you’re saving for retirement, a down payment on a house, your child’s education, or any other long-term goal, a SIP calculator, now updated with budget information, can help you determine how much you may need to invest monthly to reach your target, taking into account any tax benefits or incentives introduced in the budget. This clarity allows you to set potentially realistic and achievable financial goals within the current fiscal framework. However, actual results may vary.
  • Making Informed Investment Decisions, Post-Budget: With so many investment options available, choosing the right mutual fund can be overwhelming. A SIP calculator, now incorporating budget changes like [mention specific examples, e.g., “changes to tax treatment of mutual funds,” or “new investment options introduced in the budget”], allows you to compare different investment scenarios by adjusting the assumed rate of return and investment timeframe, all within the context of the current budget. This can empower you to make informed decisions based on your individual risk tolerance and financial objectives, considering the latest fiscal advantages. However, it’s crucial to conduct thorough research and consult with a financial advisor before making any investment decisions.
  • Long-Term Financial Planning Simplified, with Budget Context: Planning for the future can seem daunting, but SIP calculators break down the process into manageable steps. By projecting your potential returns, considering the latest budget implications, they provide a possible roadmap for your long-term financial success. This is particularly important in 2025 as individuals are increasingly taking responsibility for their own financial security, especially in light of recent budget adjustments. However, these are just projections, and actual outcomes may differ.
  • Accessibility and Ease of Use: SIP calculators are readily available online and are incredibly easy to use. You don’t need to be a financial expert to understand how they work. Simply input the required information, and the calculator, now enhanced with budget data, will generate your projected returns in seconds.

Unlocking Your Financial Potential: How to Use a SIP Calculator (with Budget Considerations)

Using a SIP calculator is a straightforward process:

  1. Find a reputable financial website or platform that offers a SIP calculator, preferably one that has been updated to reflect the 2025 budget. [Insert Website Link Here] provides a user-friendly and potentially accurate SIP calculator, incorporating the latest budget changes. (It is important to verify the accuracy of the calculator with other sources.)
  2. Input the following information:
    • Monthly Investment Amount: Enter the amount you plan to invest each month.
    • Expected Rate of Return: This is an assumed rate of return you expect on your investment. It’s crucial to be realistic and consider market conditions. Past performance is not indicative of future results.
    • Investment Timeframe: Enter the duration for which you plan to invest (e.g., 5 years, 10 years, 20 years).
  3. Click the “Calculate” button.
  4. The calculator will generate a projection of your potential returns, including the total amount invested and the estimated final value of your investment, all calculated based on the information provided and the current budget parameters.

Disclaimer: The results provided by any SIP calculator are for illustrative purposes only and are based on the information you provide and the assumed rate of return. The actual rate of return on your investment may vary significantly depending on market conditions, the performance of the chosen mutual fund, and other factors. Past performance is not indicative of future results. This calculator does not constitute financial advice. It is essential to consult with a qualified financial advisor before making any investment decisions. 1 Investment in the securities market are subject to market risks. Read all scheme related documents carefully before investing.

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Finance

String Metaverse Ltd (Biogreen Papers Ltd, BSE 534535) Reports Strong Q1-Q3 FY25 Performance with Rs253.51 Cr Revenue and Rs22.34 Cr PAT*

February 13, 2025

String Metaverse Ltd (BSE: BGPL), the first Web3.0 company to be listed on the Indian stock markets, has announced impressive financial results for the first nine months of FY25 (Q1-Q3), reporting revenue of Rs253.51 Cr and a Profit After Tax (PAT) of Rs22.34 Cr.

Q3 Key Highlights – Driving Growth Across the Ecosystem

– Revenue: Rs115.69 Cr

– Profit After Tax: Rs10.21 Cr

– Global User Base: Over 3 million across gaming platforms (Source: Google- Analytics)

– Expansion into Ras Al-Khaimah (UAE) for Digital Advisory & High-Frequency Trading (HFT) operations

– Introduction of In-App Purchases across the String Ecosystem

– Launch of String Arcade – A TON Blockchain gaming platform featuring retro & modern games

– Launch of String SpinWin – A Telegram-based free-to-play roulette game

Ecosystem Growth & Product Expansion – 3 Million Users & Counting

String Metaverse continues to experience rapid user adoption, driven by strategic product launches and ecosystem expansion. In Q3, the company introduced String Arcade, a gaming platform that offers classic retro games like Pac-Man and Snake, alongside modern mobile hits such as Flappy Bird and Doodle Jump–all powered by the TON blockchain. Additionally, the launch of String SpinWin, a free-to-play roulette game on Telegram, has attracted over 500,000 users in less than 60 days.

The company’s blockchain-based mobile game, IdleMine, has surpassed 1 million downloads on the Google Play Store (Source: Google Analytics), further solidifying its position in the gaming industry.

The Q3 revenue growth was significantly fueled by the successful integration of in-app purchases across all gaming platforms, enhancing monetization and driving record-breaking financial performance.

Expansion in Digital Advisory – String X Digital Advisory Platform

String Metaverse has expanded its operations in Ras Al-Khaimah (UAE) with the launch of its Digital Advisory platform. The company’s platform is currently handling $200 million in trading volume every month on centralized exchanges.

String X has integrated with the Solana blockchain and will soon integrate with Base, Ethereum, Tron, and Binance Smart Chain, expanding its capabilities in Decentralized Exchanges (DEX) and Decentralized Finance (DeFi).

With these developments, the String X Digital Advisory Platform aims to process $1 Billion USD in transactions in combined centralized and decentralized trading volume every month.

CEO’s Vision for Future Growth

Commenting on the company’s performance, Santosh Althuru, CEO of String Metaverse, shared his vision for the company’s expansion:

“With the rapid growth of our user base across the String ecosystem, coupled with the expansion of our blockchain infrastructure and AI-powered digital advisory services, we are confident in achieving a 100% CAGR over the next three years.”

About String Metaverse Ltd

String Metaverse Ltd (BSE: BGPL) is a pioneering Web3.0 company listed on the Indian stock markets. The company is at the forefront of blockchain technology, offering innovative gaming platforms, digital advisory services, and decentralized finance solutions. With a rapidly growing global user base, String Metaverse is committed to driving the future of digital ecosystems.

For more information, please visit: [www.stringmetaverse.com]

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Finance

Riding the Wave: How Technology is Changing Stock Trading in India

January 7, 2025

The Indian stock market is constantly evolving. Technology plays a major role in this evolution, shaping how investors access information, analyze opportunities, and execute trades. This article explores some of the key technological trends impacting Indian markets today.

Algorithmic Trading: Automating the Trading Process

Algorithmic trading uses computer programs to follow pre-defined strategies. This can help with speed and efficiency in trading. However, it’s important to remember that algorithms are only as good as their programming and the data they rely on.

Online Trading Platforms: Expanding Access to Markets

Online platforms have made it easier for Indian investors to participate in the stock market. These platforms offer convenience and a range of tools, but investors should carefully consider the fees and features of different platforms before making a choice.

Big Data and Analytics: Making Sense of Information

The amount of data available to investors is constantly growing. Big data and analytics tools can help process this information, but it’s crucial to use these tools responsibly and understand their limitations.

Artificial Intelligence: A New Tool for Investors

Artificial intelligence is starting to play a role in investing, from robo-advisors to sentiment analysis. As with any technology, it’s important to understand the potential benefits and risks of AI before using it to make investment decisions.

Cybersecurity: Protecting Your Investments

With the rise of online trading, cybersecurity is more important than ever. Investors should take steps to protect their accounts and personal information.

Mobile Trading: Investing on the Go

Mobile trading apps offer convenience, but investors should be aware of the potential security risks and ensure they are using a reputable app.

Important Considerations for Investors

  • SEBI Registration: Always check that any platform or advisor you use is registered with SEBI.
  • Education: Investing involves risks. It’s essential to educate yourself and seek professional guidance when needed.
  • Independent Research: Don’t rely solely on technology. Conduct your own research and due diligence.
  • Seek Professional Advice: Consider consulting with a SEBI Registered Investment Advisor for personalized guidance.

A Market Leader in Trading and Investment Services

Goodwill Wealth Management Pvt Ltd is a pioneer in innovative trading solutions. The company’s cutting-edge technology, diverse investment opportunities, and dedicated customer support have made it a preferred choice for traders and investors across India.

To Learn more, visit Goodwill Wealth Management Pvt Ltd

Disclaimer: This article is for educational and informational purposes only and does not constitute investment advice. The information presented here is subject to change, and any securities mentioned are examples only. Investing in the stock market involves risks, and past performance is not indicative of future results. Always conduct thorough research and consult with a qualified financial 1 advisor registered with SEBI before making any investment decisions

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Nabeel Bin Muhammed: Redefining Financial Wellness Through Innovation

December 21, 2024

Nabeel Bin Muhammed, an entrepreneur born in India, raised in the Middle East, and now shaping the financial technology landscape in the UK, is on a mission to drive financial wellness. At the core of his work lies a deep commitment to tackling the pressing issue of financial insecurity—where millions of UK households struggle to build savings or maintain financial stability. With innovative thinking and a determination to create lasting impact, Nabeel is reshaping how individuals and businesses approach financial health.

The Urgent Need for Financial Wellness

In the UK, a large proportion of adults face financial vulnerability, with little to no savings to buffer unexpected challenges. Recognizing this, Nabeel has focused his entrepreneurial journey on empowering people to take control of their finances. His mission: to make financial wellness accessible, practical, and sustainable.

Nabeel’s career journey began as a KYC Analyst at HSBC in India, where he gained expertise in problem-solving and compliance. He went on to co-found tech startups like Quzyn and Appsys, with Quzyn earning a nomination for the prestigious India 500 Startup Awards 2020. These early experiences shaped his understanding of technology-driven solutions and laid the foundation for his vision.

When Nabeel moved to the UK in 2021 to pursue an MBA at the University of Essex—where he graduated with first-class honors and received the esteemed Dean’s Excellence Award Scholarship—he encountered the financial challenges faced by UK households and SMEs. This exposure inspired him to develop innovative solutions to address these systemic issues.

From Vision to Action: Building Solutions that Drive Change

Nabeel honed his leadership and operational expertise as Deputy Operations Manager at Amazon UK, where he spearheaded change initiatives, delivering a 30% boost in productivity and enhancing customer satisfaction. His success managing large-scale, multimillion-pound projects solidified his ability to transform ambitious ideas into tangible results.

These experiences culminated in the development of Fluck, a fintech super app launching in 2025, designed to revolutionize financial wellness. With its innovative use of AI, open banking, and data-driven insights, Fluck aims to transform how individuals and businesses manage their money.

Fluck: A Game-Changer for Financial Health

Empowering Individuals to Save Smarter

Fluck tackles the root causes of poor saving habits by leveraging AI-powered tools to help users:

  • Automate Savings: Analyze spending patterns and automate small, frequent transfers to savings accounts.
  • Set Financial Milestones: Create and track progress toward financial goals, whether for emergencies or big life events.
  • Earn Rewards: Encourage savings with cashback incentives and loyalty rewards.

“Saving isn’t about willpower alone—it’s about building systems that make it intuitive and rewarding,” Nabeel explains. “Fluck helps people turn saving into a seamless habit.”

Enabling SMEs to Thrive

For small businesses, Fluck offers a suite of tools to enhance cash flow and efficiency:

  • Customer Insights: Understand spending patterns to craft personalized offers and improve loyalty.
  • Lower Transaction Fees: Leverage open banking for cost-effective payment processing.
  • Target Local Audiences: Use geolocation and data-driven marketing to connect with nearby customers.

“Fluck isn’t just an app—it’s an ecosystem where individuals and businesses grow together,” says Nabeel. “By fostering transparency and trust, we’re building financial systems that work for everyone.”

Extending Impact: Bridging the Skills Gap with Vazgro

Beyond financial wellness, Nabeel is addressing another critical challenge: the growing skills gap in the UK job market. His co-founded venture, Vazgro, uses AI to:

  • Assess job seekers’ skill gaps.
  • Recommend tailored training programs.
  • Connect users with career opportunities aligned to their goals.

This dual focus on financial and professional empowerment underscores Nabeel’s holistic approach to solving systemic challenges.

Championing Innovation and Mentorship

Nabeel’s impact extends beyond his ventures. A thought leader in AI, product innovation, and digital transformation, he has shared insights at prestigious platforms like the White Label World Expo and served as a judge for innovation awards. Through his work with MentorTogether, he actively supports aspiring entrepreneurs, offering guidance on ideation, product development, and scaling businesses.

“Mentorship isn’t just about advice—it’s about equipping others to create their own success stories,” Nabeel emphasizes.

A Vision for Lasting Impact

At the heart of Nabeel’s work is a belief that technology should solve real-world problems. From helping individuals build financial resilience to empowering businesses and professionals, his mission is rooted in delivering meaningful change.

“The challenges around financial wellness and employability are significant, but they’re solvable,” Nabeel concludes. “With the right tools, technology, and mindset, we can turn financial insecurity into financial empowerment.”

As he prepares to launch Fluck and expand Vazgro, Nabeel Bin Muhammed’s journey is a testament to the power of purpose-driven innovation. His vision promises a brighter, more secure future for individuals, businesses, and communities alike.

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Finance

UrbanMoney Microloans for Young Students: Unlocking Potential and Creating Opportunities

September 9, 2024

In today’s dynamic and competitive world, young students face numerous challenges, particularly when funding their educational pursuits and entrepreneurial ambitions. Traditionally aimed at small business owners in developing economies, Microloans are increasingly being recognized as a valuable tool for students. These small, accessible loans can help young individuals cover educational expenses, start small ventures, and develop the skills necessary for future success. This blog explores the benefits, features, and impact of urbanmoney.co , a micro-loan provider for young students and salaried employees.

The Concept of UrbanMoney for Students

Microloans for students are small, short-term loans designed to meet the specific financial needs of young individuals. These loans can be used to pay for tuition, textbooks, living expenses, or even to fund small business ideas and projects. Unlike traditional student loans, microloans often have more flexible terms and are easier to obtain, making them accessible to a broader range of students.

Benefits of UrbanMoney Microloans for Students

  • Access to Education: UrbanMoney can help bridge the financial gap for students who might otherwise be unable to afford higher education. By covering tuition and other expenses, microloans enable more students to pursue their academic goals.
  • Encouraging Entrepreneurship: Many young students have innovative business ideas but might lack the capital to bring them to life. UrbanMoney provides the necessary funding to launch small ventures, fostering a spirit of entrepreneurship and self-reliance.
  • Skill Development: Managing a microloan can teach students important financial skills, such as budgeting, planning, and holding financial responsibility. These skills are invaluable as students transition into adulthood and the workforce.
  • Flexibility and Accessibility: Microloans are often easier to obtain than traditional student loans, with less stringent eligibility criteria. This makes them accessible to a wider range of students, including those with limited credit history or financial support.
  • Supporting Diverse Goals: Whether a student needs funds for a specific project, study abroad program, or to cover living expenses while interning, UrbanMoney offers the flexibility to support a range of educational and professional goals.

Features of UrbanMoney Microloans for Students

  • Quick Approval Process: UrbanMoney approves loans within minutes with their streamlined application process.
  • Flexible Loan Amounts: UrbanMoney allows you to borrow only what you need, with loan amounts ranging from Rs.500 – Rs.50,000
  • Competitive Rates: Enjoy low-interest rates a UrbanMoney that make repayment manageable.
  • Simple Repayment Plans: Students can choose from various repayment options that fit their budget and timeline.
  • No Credit History Required: We understand that many students are just starting out, so UrbanMoney offers loans without requiring an extensive credit history.

The Impact of UrbanMoney Microloans on Students

Despite certain challenges such as risk of debt, repayment pressure, etc., UrbanMoney microloans have the potential to make a significant positive impact on young students:

  • Success Stories: Many students have successfully used microloans to fund their education or start small businesses. These success stories highlight the potential of microloans to transform lives and create opportunities.
  • Empowering Underserved Students: UrbanMoney microloans were benefitted students particularly from underserved communities who face greater barriers to accessing traditional financial services. By providing financial support, UrbanMoney microloans promote inclusivity and social equity.
  • Boosting Innovation: By enabling students to pursue their entrepreneurial ideas, UrbanMoney contributes to innovation and economic development. Young entrepreneurs can bring fresh perspectives and creative solutions to the market.
  • Long-term Benefits: The skills and experiences gained through managing microloans and entrepreneurial ventures can have long-term benefits for students, enhancing their career prospects and financial stability.

Conclusion

Microloans for young students represent a promising avenue for fostering educational and entrepreneurial opportunities. By providing access to much-needed capital, UrbanMoney loans empower students to pursue their dreams, develop essential skills, and contribute to their communities. While challenges exist, the potential benefits of microloans underscore their importance as a tool for supporting the next generation of leaders and innovators.

As we move forward, it is crucial to continue exploring and expanding the availability of microloans for students. By addressing the challenges and building on the successes, we can ensure that more young individuals have the financial support they need to unlock their potential and create a brighter future for themselves and society.

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