Image Credit: The Economic Times
In India’s fintech revolution, two innovators carved a niche by transforming finance management for everyone. While they share the last name, they are not related but rather united by a common mission of democratizing financial access for all.
The founders
Puneet Agarwal is a graduate of the renowned Indian Institute of Technology, IIT Delhi.
His journey began with technology and data.
He has hands-on experience working with the leading global tech giants and honed his product development and strategic planning skills.
On the other hand, Sanjay Aggarwal graduated from NIT, Kurukshetra.
His prior ventures instilled a deep understanding of the Indian consumer market and average citizens’ challenges in managing their finances.
They met through mutual connections in the tech industry.
They would often talk about the hardships of people trying to gain access to credit and keep track of their personal finances. Realizing they were in the same boat, they decided to collaborate.
An idea to bridge the financial divide was born
In 2014, it was when Puneet and Sanjay recognized a much-critical problem that then prevailed amidst the rapid India-wide digital transformation: smartphones had been quite readily available and still there was still a largely unaddressed population that financial institutions hadn’t reached yet.
Long, complicated processes, lack of credit history, and inappropriate financial education prevented access to important financial services.
Determined to fill this gap, they founded Money View.
The idea was simple yet profound: to use technology to simplify personal finance for millions.
They envisioned an app that could be a personal finance manager, helping users track expenses, monitor account balances, and even access credit when needed.
This made them able to develop an interface that was friendly for the user and also understood the needs of the Indian market.
Navigating challenges and achieving milestones
Launching Money View was no small feat.
The founders faced skepticism from investors wary of the risks associated with lending in a market with limited credit data.
However, their conviction in their mission kept them moving forward.
They started by introducing an expense management app that automatically tracked spending by reading transactional SMS alerts—a feature that resonated with users who found budgeting cumbersome.
As the user base grew, they expanded services to include instant personal loans with minimal documentation, tapping into the vast segment of individuals previously ignored by traditional lenders.
By harnessing machine learning and data analytics, Money View developed proprietary credit models that could evaluate loan applications swiftly and accurately.
This innovation not only expedited the lending process but also minimized defaults.
Money View today: A Fintech powerhouse
Money View is now a common name in India’s fintech landscape.
over 40 million users, the platform has disbursed loans of more than ₹5,000 crores and empowers both individuals and small businesses.
The company has also attracted significant investments, raising lately $75 million in a Series E funding round led by Apis Partners, bringing its valuation close to unicorn status at $900 million.
This capital infusion is said to fuel further growth as the company develops new products such as insurance and wealth management services.
Under Puneet and Sanjay, Money View remained customer-centric in innovation.
It is now offering credit score monitoring, personalized finance advice, and so much more which are simply accessible through a mobile interface.
An inspiring journey with a promising future
Fintech is associated with complexities of algorithms and impersonality at the transactional level in so many ways.
Puneet and Sanjay have infused more humanity into their technology.
They have built a successful business and touched lives, helping people confidently navigate their financial journeys.
The duo has a great story of vision, persistence, and impact.
They proved how technology can be put to social good and empower millions.
Money View is to stay the course of growth and innovation to grow services to expand their reach.
Their journey inspires every entrepreneur around the world to make empathy, ingenuity, and unwavering commitment to bring about profitable and transformational solutions.
As the evolution of Money View is a continued process, so is their commitment to finance simplicity, accessibility, and empowerment for every Indian.
insights into innovation, funding, and success with our startup article. Read today! Money View – Simplifying finance for everyone
Rajeev – Digital Evangelist | Startup Consultant | Entrepreneur
With 20+ years in SEO, digital marketing, and data analytics, Rajeev has been instrumental in shaping successful online strategies for global brands. As the former Practice Head – SEO & Analytics at WPP/GroupM India, he led high-impact search and analytics teams for over 14 years.
Beyond corporate leadership, Rajeev is a Startup Consultant & Digital Trainer, helping early-stage ventures scale through digital strategies, investor readiness, and technical consulting. He has also been a lead trainer at Digital Vidya and associated with Bhartiya Vidya Bhawan, where he empowered students with practical digital marketing knowledge.
An early-stage investor, he has backed Bihar-based startups like Mostech Softwares and Delhi Foods. His expertise spans SEO, SEM, media planning, mobile app distribution, and website development, ensuring businesses establish a strong digital presence.
He is also very passionate about his mother place or state Bihar and currently, he is working with local entrepreneurs to ensure more digital and e-commerce penetration and want to take it to the next level.
🚀 Exciting new venture coming soon! Stay tuned.
