Spenny

Every time a user make any digital transaction, we round off the amount to the nearest 10 INR and invest it for them into a diversified portfolio, automatically. Spenny offers an easy and fast way to save and invest money. It uses encryption and partner with insured custodians to ensure the assets are held safely. Every time a user makes any digital transaction, it rounds off the amount to the nearest 10 INR and invests it for them into a diversified portfolio, automatically. We use bank level security and partner with insured custodians like the Bombay Stock Exchange (BSE) to ensure your assets are held safely. Your money is professionally handled by experts from ICICI Prudential AMC. We’re regulated by SEBI and licensed by AMFI. (ARN-170468, EUIN-E339688) Spenny ensures that all your personal data & transactions are encrypted & secured using the AES-256 standard. So what’s yours remains only yours. 400M millennials in India don’t invest because they don’t have enough time, knowledge or access to large capital. With Spenny, they just connect the card and invest every time they spend. We’re growing 67% WoW since launch, with 3,000+ users and $15,000 in AUM. Indians put $500Bn into their bank accounts annually. We charge 1.75% average of the AUM for investments. That’s a direct ~$9Bn market in India alone. Our long-term vision is to become a one-stop asset management solution for millennials.