Startup Profile

NuCash

Santa Clara, United States

NuCash is a growing early-stage Fintech startup launched with a vision to make finance simple and friendly for Indian college students.

Team members:

Ashit Joshi

CEO & Founder

Margarita Uvaeva

Head of Product Design

Jas Mehta

Head of Finance/Strategy/Compliance

The problem we're solving

Indian college students have several financial problems: - 50% of graduates face skill and financial barriers. - 90% of students are frustrated with slow, outdated, and costly financial services. - 76% of Indians lack investment knowledge and are seeking reliable investment options.

Our solution

Their product offers: - ATB - All Time Banking with Human Support: bank and human support 24X7. - Financial Insight: make informed spending decisions by gaining insights into user's expenses. - Access to Funds: fuel money growth with funds for upskilling and unexpected needs. - Smart Investment: initiate a savvy investment journey for a financially secure future.

Our differentiator

They offer several services in one place: - 100% digital bank account with KYC online - 0 maintenance fee - possibility to pay bills - possibility to split the bills - borrow money for personal use - single educational loan application platform - investment platform All of the above just meant for verified students

Biggest achievement

- Opened 10,800 accounts so far, 40% engaged at < $1 CAC - Cracked partnerships with 3 upskill institute that gives us a reach of more than 100k students - Built the complete platform for less than $1.3M of total expense

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