MintWalk partners with PwC Fintech Program for developing Goal-based investment platform

 

September 07, 2017, New Delhi: MintWalk (GetClarity Fintech Services), a leading goal-based, SEBI-registered robo-advisory platform today announced their partnership with PwC’s Fintech Program. Through this program, PwC is mentoring and assisting MintWalk in creating a world-class disruptive goal-based financial services platform. MintWalk is the one of the first such partnerships under PwC’s Fintech Program globally.

Vivek Belgavi, Partner and Fintech Leader, PwC India commented, “We have been working with MintWalk right from the ideation stage by bringing its deep experience in financial services and technology to develop this platform. PwC’s Fintech program is focused towards discovering promising startups having capabilities which can be disruptive and impactful to the overall ecosystem and help them scale the business.” Vivek, one of the fintech leaders in the country believes that under penetrated retail investments space, demographics coupled with increased adoption of digital payments makes MintWalk will be a key player in the fintech space to watch out for.

Nikhil Banerjee, Co-founder, MintWalk said, “PwC’s Fintech program and the team has been instrumental in building the foundations of MintWalk, with meaningful mentoring which has helped us think through the evolving ecosystem and be positioned to capitalize on multiple opportunities. Our association with PwC also helps our benefit from best-in class compliance and business practices.”

Shiv Nandan Negi, Co-founder, MintWalk added, “With Mr. Shachindra Nath and PwC on board, we are confident that our efforts are being recognised. PwC is a powerhouse of knowledge, network and solutions and with this partnership, we look forward to scaling the business and provide smart, simplified solutions to Indian consumers to achieve their financial goals.”

MintWalk’s android app and website has received strong response from across age groups, who identify with the behavioral finance driven approach of goal based investing. The company steers clear from the jargon oriented sales pitch of traditional channels, instead, working to simplify, un-complicate and digitize saving behavior.

Focusing on the concept of achieving life’s goals and dreams, MintWalk provides a clean, immersive, non-intimidating user experience which is focused on decision making and tracking the portfolio. A key feature that MintWalk provides is the periodic review of your investments as and when you’re moving towards your goal, and based on aberrations, the app suggests course correction or modification of investments, thus ensuring that the user does not waiver from his goal.

MintWalk recently announced a funding by Mr. Shachindra Nath, Ex–Group CEO of Religare Enterprises, through Poshika, his investment and mentoring vehicle. He has also agreed to be the Chief Mentor of the company.

About MintWalk

MintWalk, a goal-based robo-advisory platform leverages a unique User experience and machine learning techniques to create a personalized set of Life Goals for each User. To achieve these goals, it recommends a customized portfolio of Mutual Funds for the User to invest into. The entire investment process is digital and paperless.

MintWalk is registered with Association of Mutual Funds of India (AMFI) as a registered intermediary and is a SEBI-Registered Investment Advisor (RIA).