Expert Collections containing Finrise
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Finrise is included in 3 Expert Collections, including Fintech 250.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest Finrise News
Dec 22, 2022
Report Reveals Rise In Demand For Jobs In BFSI As Compared To FY21 Financial Statements, Credit operations, Analytical skills, Wealth management, Investment banking, Internal Audit, and Cybersecurity are some of the top skills in demand in the industry today Report Reveals Rise In Demand For Jobs In BFSI As Compared To FY21 Report Reveals Rise In Demand For Jobs In BFSI As Compared To FY21 Report Reveals Rise In Demand For Jobs In BFSI As Compared To FY21 Report Reveals Rise In Demand For Jobs In BFSI As Compared To FY21 The swift adoption of digital payments and the use of ever-evolving technologies such as AI, ML, and blockchain has largely enabled the growth of the Banking and Financial sector in India. Data from the online recruiting platform Monster.com indicates that the Indian BFSI industry has witnessed an optimistic year-on-year growth of 27 per cent in February 2022 as compared to the previous year. This is a promising growth pattern given that the industry reflected a 26 per cent de-growth last year (Feb 2020 vs Feb 2021). With the increased adoption of digitization and new-age tech, which essentially paved the way for recovery in the industry, recruiters in Banking and Finance industry are on the lookout for professionals adept in technical and analytical skills. The demand for BFSI professionals has seen an uptrend with finance-related roles taking up nearly 8% of total jobs on the platform, as per Monster data. Financial Statements, Credit operations, Analytical skills, Wealth management, Investment banking, Internal Audit, and Cybersecurity are some of the top skills in demand in the industry today. BFSI trends in the post-pandemic phase, as per data from Monster.com Banking, Financial Services, Insurance industry Year-on-year growth When the Covid-19 crisis hit India in March 2020, the BFSI industry witnessed growth of only 10% as compared to the previous month which saw an uptick of 29% (Feb 2022). Hiring intent in the BFSI space saw a continuous dip in the period April 2020-May 2021, owing to the pandemic which disrupted the functioning of industries on a large scale across the globe. However, the industry bounced back and has exhibited a consistent growth pattern since June 2021 which saw a promising 7% improvement in the intent to hire. This demand continued to grow with July 2021 noting a spike in demand for professionals at 22% year-on-year. The industry is currently witnessing flourishing demand for talent given the emergence of tech transformations in the industry and subsequent recovery from the pandemic impact. Top Management and Freshers held highest share for Finance & Accounts jobs As of February 2022, Top Management (over 15 years) held the largest share for BFSI jobs and comprised 32% of the workforce as compared to all other experience levels. The second-largest share was interestingly held by Entry level (0-3 years) talent at 23% followed by Intermediate (4-6 years) professionals at 21%, and Mid-Senior level (7-10 years) professionals at 16%. Senior-level (11-15 years) accounted for the lowest share comprising only 8% of the workforce. Given the continuous revival and growth of the BFSI industry in India and the spike in demand for professionals in the field, Monster.com has launched Finrise 3.0, a mega virtual career fair exclusively for Finance & Allied professionals. Monster aims to bridge the talent gap in the BFSI industry connecting the most sought-after recruiters in the Indian financial universe with a pool of highly skilled finance professionals. After the remarkable success of FinRise 2.0 which saw 11,000 participants, 9,000 applications, and over 30 recruitment partners, Monster.com is back with its latest offering for the BFSI sector. Sekhar Garisa, CEO, Monster.com, a Quess company, said, “The burgeoning demand for skilled talent in the Banking and Finance industry today is clearer than ever, and we expect these numbers to grow further given the vast innovations in the space. Recruiters are on the hunt for talent adept in new-age skills and there is no going back for this industry that has efficiently adapted to the challenges posed by the pandemic over the past two years. In light of this bolstering growth, we have launched Finrise 3.0 by Monster, a virtual career fair for Finance professionals, in an effort to connect top financial companies in the country with a pool of talent adept with digital-ready skills.” Share this article: Tags assigned to this article:
Finrise Frequently Asked Questions (FAQ)
When was Finrise founded?
Finrise was founded in 2015.
Where is Finrise's headquarters?
Finrise's headquarters is located at San Mateo.
What is Finrise's latest funding round?
Finrise's latest funding round is Seed VC.
How much did Finrise raise?
Finrise raised a total of $5.52M.
Who are the investors of Finrise?
Investors of Finrise include NFX, Sam Hodges, Mayfield, Western Technology Investment and Matt Humphrey.
Who are Finrise's competitors?
Competitors of Finrise include Walnut and 4 more.
Compare Finrise to Competitors
Primavera Financial is a patient finance company that offers a total finance solution, flexible payment plans, and an easy-to-use mobile lending platform. PrimaHealth Credit is reinventing patient finance by offering smarter, simpler, and more transparent financial products that patients love and doctors value.
CareCredit, from Synchrony Financial, is a health, wellness, and personal care credit card accepted through a national network of healthcare providers and health-focused retailers.
Remedial Health provides a pharmaceutical management platform. It provides pharmacy solutions for healthcare providers. It offers services such as remedial intelligence insights for pharma supply, a digital shop for pharmacy products, and a buy now, pay later (BNPL) financing solution. It was founded in 2019 and is based in Lagos, Nigeria.
Stride Health is a health insurance recommendation application. It builds a health profile for each patient, then delivers financial forecasts. Its algorithm filters to find a recommendation with preferred doctors, and prescription drugs. The company was founded in 2014 and is based in San Francisco, California.
Gravie provides employer-sponsored health benefit solutions. It helps consumers select and buy insurance coverage, provides ongoing customer support and troubleshooting, analysis of healthcare spending, and management of all healthcare affairs on a customized platform. The company was founded in 2013 and is based in Minneapolis, Minnesota.
SimplyInsured is a health insurance marketplace and administrative platform for small businesses. It analyzes thousands of insurance policies to find the coverage, price, and value for every situation, and provides those options on a single site. It was founded in 2012 and is based in Richmond, California.