My Finance Wellness launches cell application to empower the MSME’s on fiscal setting up and accounting administration

Aug 16, 2021 14:18 IST

Bengaluru (Karnataka) [India], August 16 (ANI/NewsVoir): My Finance Wellness (MFW), the very first FinEduTech brand in the region, has not too long ago launched its mobile software for MSME and other nano, very small business people in the nation.
The application assists the investing and production local community in knowing sophisticated money principles in a incredibly easy way and educating them by means of short videos and game titles. Their robotic led uncomplicated navigation to the Micro Accounting Platform will make existence hassle-absolutely free for the micro-enterprises.
Speaking on the launch celebration, Co-founder and CEO Madhu Kiran reported, “At My Finance Wellness we teach and empower the two people and business people on many aspects of personal and business enterprise finance. This assists in producing knowledgeable and successful dollars relevant choices. At MFW our exceptional providers will support people today overcome these extremely difficulties in a structured and organic and natural way. We are placing all our attempts to empower the MSME sector in India in line with Atamanirbhar Bharat initiative. Our on the net economic wellbeing assessment software is solely created for the business people in our nation. This tool will empower entrepreneurs to understand their latest economic status throughout few critical areas. Adhering to are the characteristics of our cell app for enterprises.”
Money Well being Assessment for Organization – This tool will permit business owners to realize their latest money standing across 4 spots, this kind of as survival & stability, fiscal administration, access to finance and business enterprise compliance.
Monetary and Organization Schooling – Micro entrepreneurs can master complicated finance and enterprise education and learning subject areas in easy and straightforward to realize video clips and infographics.
Micro Accounting System – The strong micro accounting software in the back stop maintains the ledgers, offer trial equilibrium & equilibrium sheet look at of the enterprises.
Hani Hani Dollars – A structured each day personal savings system to help you save and accumulate dollars effortlessly.
Economical Quiz – Check and enhance fiscal awareness with the aid of fiscal quizzes
EMI Calculators – Micro entrepreneurs will need not search various web sites for calculating the interest charges and every month repayments. All needed EMI calculators are in one particular put within the app.

Easy Individual Finance Regulations – Vital personalized finance principles to be checked just before having up financial savings, investments programs
Goal Environment and Adhere to up – Micro business owners shall established their objectives and get steering from our team to achieve them
Monetary Mentoring – Micro business owners will get important mentoring and aid from our monetary gurus
MFW’s flagship solutions consist of membership-centered Retail Model for specific consumers and Enterprises Design for little business owners on economical arranging & accounting administration. The organization cellular application is released now, and I strongly feel that it will assist tens of millions of micro-enterprises across the state to turn into a lot more formalized and suitable for banking services.
Vincent Arokianathan, Co-founder and COO reported, “The MSMEs are the bedrock of our societies. India has close to 7 crores micro enterprises throughout manufacturing, buying and selling & assistance sector. About 34% of the overall GDP contributions come from MSME sector. On the other hand, for the final two many years MSMEs have viewed dip in their expansion and stalled the output to alarming levels. For the duration of these difficult occasions MFW stands together with the Indian enterprises in their fast recovery. Holding that in mind, nowadays we are introducing our flagship products which is Designed in India and Produced for India.”
He extra, “We are a team of senior administration experts from assorted backgrounds and with a loaded collective experience of 100+ several years in India & overseas. At present the firm is funded by the founding team and HNIs. We are organizing to go for the upcoming rounds of funding to extend our functions across India, Europe, Center East, and Africa. We aspire to reach out to 6 million clients in the up coming 5 several years.”
My Finance Wellness is a brand name of Indcamb Answers Pvt. Ltd., with a vision to rework lives via economical wellness. They teach individuals via “unbiased financial wellness workshops” and supplies “rapid fiscal health evaluation” to fully grasp one’s fiscal wellness.
Via the membership based mostly “one particular on a single financial mentoring” they offer comprehensive economic scheduling and advice on individual and enterprise finance areas. The business is headquartered in Bangalore and planning to grow their operations throughout India.
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