MYND FINTECH PRIVATE LIMITED (“Mynd Fintech”) was set-up in 2020 and is the third key business line of the Mynd Group. It was founded with a Vision to enable MSMEs to access efficient credit with best-in-class user experience. While these enterprises have a huge financing need, most financial institutions have found it a challenge to serve this need in view of the lack of a credible, scalable and efficient risk assessment model. Mynd Fintech is dealing with this challenge through a sharp focus on effectively leveraging public and private data and technology to develop digital risk algorithms that enable real time risk assessment of these enterprises with a high level of accuracy and ability to learn from each instance. Mynd Fintech is offering these enterprises a range of easy to access customized Supply Chain finance solutions to ensure that they remain focused on healthy scale-up of their business. We collaborate with multiple lending partners – Banks and NBFCs – to enable access to capital across a wide risk spectrum ensuring a win-win for all entities involved – the Large enterprises, associated MSME vendors or dealers, lending partners and Mynd Fintech.
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