25 September 2018, India:
Fin-Tech and Big Data analytics company Goals101 has raised $3.5 million in Pre-Series A round of funding from global venture capital firm Nexus Venture Partners. With this round of funding, Nexus also becomes a significant minority stakeholder in Goals101.
“We partnered with Nexus as they understand the metrics of this business & have a global view on their investments. The last two years of working with superbly talented minds across our Banking Partners has been fabulous. Post the round, which was a couple of months ago, the company has expanded heavily on its technology & data science capabilities and has also expanded to other potent geographies namely Malaysia, UAE, Qatar, South Africa and Kenya,” said Visham Sikand, Founder and MD, Goals101.
“We believe that Goals101 is a technology disrupter redefining next generation intelligent banking powered by transaction behaviour, location and social intelligence. Given the team and technology combination at Goals101, it’s not surprising that they have already made a mark in six countries with several banks in a matter of only two years. We are excited to partner them as they embark on their next phase of expansion and growth,” said Sameer Brij Verma, Managing Director, Nexus Venture Partners.
With the launch of its Custom Designed Bank Platform ‘Alpha for Banks’, the company intends to make the entire banking journey far more Personalised, Automated and Delightful. Goals101 today has partnerships across 21 leading Banking Partners in Asia and solves multitude of user cases. The used case for each partner has been proven and its now working towards deeper integrations.
Goals101 was founded by Visham Sikand along with Co-Founders & Core Team members Milan Naik (ex-Country Head, Liberty Videocon General Insurance), Ishank Joshi (ex-Account Head, Applied Mobile Labs), Anshuman Pandey (ex-CTO & Co-Founder, Ziffi.com) & Anupam Bhat (ex-Finance Director, Airtel Africa).
Goals101 is a Transactions Behaviour Intelligence Company (TBI) which believes that performance driven analytics is key to the growth of an organization. With their deep understanding of Big Data using AI, 360-degrees solution offering for its clients, and it’s recently launched ‘Alpha Platform’, they have already garnered 21 leading clients of the region as their partners. The Alpha platform from Goals101 is an erudite and scalable solution that sanitizes, interprets and analyses data to deliver actionable insights & outcomes in real time. Headquartered in India, Goals101 has a global presence across Africa, Middle-East and Asia as on date.
(Image – Goals101)