If we go on to trace the crux of our living in modern times we must always end up discovering finance. The Cambridge dictionary defined finance as (the management of) a supply of money.
We must all have heard of finances since times immemorial but many of us are often confused regarding what the term implies. To demystify, finance is a term used to define the matters associated with the creation, management, and study of money and investments. A major part of finance focuses on the ways how an individual, an organization, or the government earns money or the capital, as we say, and how they manage and spend it.
We will talk about finance here in this StartupTalky article. We’ll learn what finance is, how to build a financial business? What are the categories of finance? and 4o Best Finance-related business ideas to begin with. Furthermore, we will also discuss the amazing business opportunities in finance.
- Micro-finance Bank
- Finance Consulting Firm
- Allowance Consultant
- Mutual Funds Investment Agency
- Gold Loan Company
- Fundraising Consultants
- Private Finance Blogs
- Insurance Agency
- Retail Loan Brokerage Company
- Business for Deal Broking
- Forex Trading
- Debt Collection Agent
- Tariff Consulting
- Angel Investment Company'
- Audit Firm
- Commercial Bank
- Freelance Bookkeeping
- Stock Broking
- Tax Consulting
- VC Firm
- Mortgage Bank
- Finance-related Coaching
- Finance-related Podcast
- Finance-related Books
- Finance Magazine
- Credit Repair Business
- Investment Management Firm
- Build Investment Tools/Products
- Start ATM installation & Maintenance Company
- Supply of POS Machines
- Risk Management Consultant
- Credit & Thrift Business
- Commodities Trader
- P2P Lending
- Real Estate Appraiser
- Crowdfunding Solutions
- Bill Reminder App
- Crypto Exchange Platform
- Build Regtech App
- Bureau the change
Short Record of Finance
There is sufficient information to testify to the fact that finance is as old as our existence on Earth. The term “finance” originally emerged from finer, which meant “to settle a debt.” This word was absorbed in the late Middle English and came to be known as “finance.” Along with standing as a word, finance also sums up the department of economics. Revolving around money, the significance of the word has grown over time, much like money itself, which is now used to signify an educational domain of greater significance, looked up to by the entire world.
The financial sector of India is wide and expanding at a relatively fast pace, both in terms of the growth that the existing firms are witnessing and the establishment of the new entities that are entering the market. The vast financial sector of the country is inclusive of but not limited to commercial banks, insurance companies, non-banking financial companies, co-operatives, pension funds, mutual funds, and other smaller financial entities.
The banking sector comprises a major portion of the Indian financial industry. Banks account for possessing more than 64% of the total assets of the financial system of the country. Though the Indian finance sector has suffered a setback due to the coronavirus pandemic, followed by the nationwide lockdown in 2020, it is otherwise a very prolific sector, which is showing a promising comeback with the help of startups and other businesses.
Types of Finance
In today's world, finance can be divided into 2 major categories: (1) Public finance; (2) Private finance
Public finance deals with the revenue and expenditures of the country. It can only be defined as the study of the role of the government in the economy. Furthermore, public finance can also be used to signify the study of the branch of economics that assesses the government revenue and expenditure of the public authorities. Public finance can be prominently divided into the following: Public Expenditure, Public Revenue, Public Debt, Financial Administration, and Federal Finance.
Also Read: Top Wealth Management Companies In India
Private finance is associated with income, expenditure, borrowing, and the administration of finances of private companies and individuals. Though both the public and private finances are similar in nature, they are way different from each other when the operational aspects are considered. Private finance is again classified into two sub-finances: Personal Finance & Business Finance
- Personal Finance - Personal finance is a term used to denote the finance or the financial management that is limited to an individual or a family, hence personal. Personal finance defines the income, budget, and savings, along with the financial risks and future life events of an individual or within a family. It can also mean the optimization of finances by an individual or a group of them in a family.
- Business Finance - Business finance deals with the finance and the management of it when in a company. Business finance denotes the funds availed by the business owners or entrepreneurs to establish and manage the operation of their companies.
Best Finance Business Ideas [Infographic]
40 Finance-related Business Ideas [In detail]
There are enormous Financial business ideas in this sector by following which you can start your own financial business. We will glimpse some of them here. The impressions can be begun by imploring enterprise capability. Financial Industry in India is possibly the biggest industrial area under the sky. This is an enterprise that doesn't stress a particular educational knowledge in most trials rather offering reasonable information and a few knowledge above the content. The financial industry business is lucrative.
Just like launching any other business, establishing a financial business needs a considerable amount of passion and determination along with a game-changing idea. Here lie some foundational ideas that can help you start your business associated with finance:
Micro-finance bank, as the name suggests, is termed as the banking or financial services offered to those who belong from the low-income groups. It is one of the best options that might work really well if you are looking for some finance business ideas. Furthermore, the microfinance niche would need lesser capital when compared to the banking sector and is blessed with tons of opportunities to grow. Besides, it would also be a great help for the people who are desperately in need of money and are otherwise deprived by banks or financial institutions.
Finance Consulting Firm
Financial advisors are often one of the most important persons that are looked up to by everyone that includes both small and large companies and other individuals. Though it is true that you must have a good deal of knowledge about finances and how to manage it on both small and large scales, establishing a finance consulting firm does not really need a lump sum and can easily stand as a promising finance startup idea.
Allowance can be defined as a permissible amount of money that is allowed to an employee of a company. These allowances add up to the salary in order to define the total value of a person’s salary.
Dearness allowance, entertainment allowance, overtime allowance, city compensatory allowance, interim allowance, project allowance, tiffin/meals allowance are some of the common allowances that add to the salary. Handling all of these allowances and bringing improvements to them seems to be an uphill task for any company. This is why they tend to hire allowance consultants to deal with their finances and allowances. You can also lookup for allowance consultants to know all that you need to be a candidate fit for such a role.
Mutual Funds Investment Agency
Mutual funds are not a new concept, in fact, the oldest mutual funds still exist in the form of Vanguard Wellington Fund, which was established in 1929. The first modern mutual fund, however, was launched even before that in 1924 in the U.S.
Over the passage of time, with the growth of companies, the demand for mutual funds investment has only witnessed a rise all across the world. This is what makes a mutual funds investment agency one of the best finance startup ideas of now.
Gold Loan Company
The value of money is increasing day by day, and with it, is increasing the value of other precious metals and stones like gold, silver, diamond, sapphire, ruby, and more. Furthermore, the recurrent financial crises and the outbreak of the pandemic further added to the woes, shooting the value of gold and other metals sky-high. Among all the metals, the rise of gold prices is the most conspicuous because gold is the most important metal that everybody loves to possess.
However, the rising prices would definitely benefit those who already possess gold or the gold loan companies who can profit highly from the metal and its limitless potential. Gold loan companies are thus, considered to be one of the safest investments that one can be involved in looking at today’s markets.
Look at these Top 9 Best Platforms to Invest in E-gold in 2021
With the increase in the number of companies, fundraising is becoming something more than a daily affair. Though bootstrapping always remains another option if fundraising happens to be out of limits, it’s neither safe nor the best option always for the startups. However, with the emergence of angel investors and other capital investors that scrutinize each request wisely and extend their capital resources to startups and other budding companies, raising funds happens to be simply within our limits.
Nowadays, the companies can opt for raising funds but to weigh their requirements of the funds can sometimes be exceedingly hectic that they might require experts for it. This is where fundraising consultants come to play. These consultants help the companies identify their requirements and raise just enough funds effortlessly. You can also be one such consultant if you are wanting to be a part of the financial services businesses where you can also utilize your own financial skills and gain exposure along with a fitting income.
Private Finance Blogs
If you are interested in finance and finance-related subjects and have an itch of expressing things clearly for your audiences, then you can choose to write private finance blogs at your leisure and this might simply develop to become your profession. A flair for writing is something that will serve as an added bonus, which you need to develop as you go!
We are always at risk of losing our life, money, damaging our cars, falling ill, and more. Being insured is something that we can opt for to keep our peace somewhat intact. This has been easier than ever with the emergence of the insurance agencies that help us find the best plans for our home, car, health insurance, and more with which we can insure almost anything without worries.
An insurance agency offers a satisfying sense of security that people never want to miss out on. Building an insurance agency that is trustworthy and reinforced with the best insurance plans possible at affordable prices is a foolproof financial business idea that would not fail to grow to the highest heights. To get started with a finance-based insurance business, have a look at these Best insurance franchises businesses in India to start in 2021.
Retail Loan Brokerage Company
In the time we are living, loans are one of the primary requisites that we must avail to fulfill even our basic needs. Not every one of us possesses the capital that we need to cope up with the fast-paced world of now. Nonetheless, with affordable EMIs that we can pay at the end of each month, the world becomes an easy place.
However, not all of us can avail of the right loan that we need and this resulted in the birth of loan brokerage companies that help us secure the loan that we want or need at a particular point in time. Retail loan brokerage companies make their own profit and fulfill the needs, dreams, and aspirations of countless individuals and companies, which makes it one of the best business opportunities in finance.
Business for Deal Broking
With the expansion and the widening channels of income, companies and businesses are forever ready to offer lucrative deals on their products and services. However, most of such deals come on a first come first serve basis. Therefore, we have deal broking services that help other businesses and individuals get the best deals lightning fast. Building a deal broking firm can also stand as one of the best financial services business ideas that would be rewarding on a long-term basis.
Globalization has made the world a small and well-knit place that is easily navigable. It has also made trading options easier than ever. However, the difference in the currencies of the people of different countries sometimes creates a list of problems in businesses and the transaction of money. Forex trading is a solution to these problems and can also be a business that you can look up to in case you are wanting to set up a finance business. Here's a Best Foreign Exchange Companies you can look at.
Debt Collection Agent
With the increasing demand for loans across the globe, the total volume of debts is also increasing with each passing day and a considerable number of such debts are recorded as bad debts. Therefore, to avoid all these debts written as bad debts, there are debt collection agents and agencies who are hired by companies and institutions to follow up with their customers and in this way, recover the debts.
Tariffs and duties that are levied on the goods always widely differ from each other. For instance, the tariff levied on clothes differs greatly from that of alcohol and so on. Fixing these tariffs is not easy. They can only be fixed with the help of expert tariff consultants who are well-versed with tax management and duly analyze the markets. Tariff consulting is a growing financial services business that you can step in to find a world of opportunities.
Angel Investment Company
Living in the age of startups that are making our lives comfortable, changing the world ahead of us, it is the angel investors that contribute a lot towards raising successful brands out of startup ideas. Therefore, opening an angel investment company is something that you can really look up to in case you have capital and are pondering on the business opportunities in finance.
If you are finance-minded and waiting for opening a financial services business, then you are in luck because an audit firm might be just the right business option that you were looking for!
Audit firms are responsible for helping businesses cut costs, identify inefficiencies, investigate potential fraud or theft, and more, and most importantly, the demand for audit firms is never to be less in the near future.
Commercial banks are insignificant to the masses and pretty much central to the overall economy of a government and of the country. They fulfill tons of financial requirements of the individuals and businesses of the country and are not without profit. Furthermore, more and more commercial banks joining the league of the already established banks have truly shown the way forward for all of them who are interested in finance business ideas and possess the tellable capital to start one!
Bookkeeping is a significant part of a company’s back-end processes. Finance bookkeeping is the maintenance of the financial records of the company. It includes a variety of accounting and bookkeeping services along with keeping an official track of the company's spending. Bookkeepers are growing in demand and are usually hired on a full-time or a part-time basis. Therefore, opting for a career as a freelance bookkeeper is a wonderful choice if you are looking to proceed with a financial services business.
Stockbroking is a service offered by stockbrokers that help retailers, marketers, and other individuals to buy and sell shares. The stockbrokers are professional traders acting as registered representatives or investment advisors to their clients and are authorized to buy and sell the shares on their behalf.
Stockbroking is highly profitable and is never to be less in demand in the near future, which makes it a good choice for all those who are wondering about finance business ideas.
Tax is to be filled by everyone in the country but for most of us, it happens to be an awfully boring and time-consuming process. Moreover, many of us also happen to be unsure of the process altogether. This brings tax consultation into play. Tax consultants are the persons who help their clients with crucial suggestions to file their taxes and make informed decisions while filing them about tax-related issues. This can well be a bright gateway for your financial career if you are looking to start with one! Here's a guide on How to start your own tax preparation business.
Venture Capital firms are built on the capital from wealthy investors, which offer the much-needed capital to other budding companies and startups. With more and more promising startups coming into prominence and growing too big companies each day, the importance of Venture Capital (VC) firms is growing rapidly.
Therefore, if you are pondering on the best finance business ideas, Venture Capital firms can be a rewarding choice, which will not only help you grow your company and your income but also will stand as a great help for the other companies.
We are all familiar with mortgage loans, in fact, these kinds of loans happen to be quite popular in the modern world. Mortgage loans are offered by the usual banks as well as by specialized banks, popularly known as mortgage banks. The mortgage banks look after the origination and the servicing of mortgage loans and can come in really effective for all the people who are interested in mortgage loans and not willing to wait for them.
Starting a mortgage bank can thus be a huge business opportunity in finance if you are looking for one!
Finance is one of the core subjects that students can pursue and is strongly growing as a career option for students worldwide. This makes finance coaching classes all the more important for the generation today. Therefore, if you have been a good student of finance and deems yourself to be strong in finance, marketing, accounting and other finance-related subjects then offering financial coaching classes for students and business professionals is a welcoming career option around finance.
If you're considering to be a finance-related coach, then learn what are the Essential Coaching Skills & How to Become a Good Coach
Podcasts are interesting as well as informative, and needless to say, we love to delve into podcasts that interest us. As finance has always been an important matter of concern whether it is for the students or for business professionals, finance-related podcasts ought to interest a wide range of audiences. Therefore, it can be a wise decision to start with finance-related podcasts if you have a knack for finance.
If you have a good grasp of finance, write well and you are really passionate about finance and accounts, then you are in luck! This is because you can hope for a huge career ahead as an author. Yes, you can author some really informative finance-related books and leave the finance enthusiasts and businessmen turning to the pages of your book over and over again. Here's a list of Must Read Startup Books for Entrepreneurs in 2021.
Reading still remains one of the most popular hobbies. Most of us like to read every now and then and on a range of different topics. Finance, being an important subject of interest, boasts of a large number of enthusiasts that have grown with time. Therefore, finance magazines certainly rope in an incredible number of finance enthusiasts and business professionals, and writing or publishing financial magazines can turn into your favorite obsession.
Credit Repair Business
Credit repair, as the term indicates, is a way to help others to improve their credit scores and their overall ability to borrow money from others. A major section of society today relies on credit and a considerable number of them have already worsened their credit condition and need repairing it. This can well be your opportunity to score via a credit repair business.
Investment Management Firm
Businesses grow and eventually acquire capital that they can invest, but the investments should always be wise. Therefore, most of the companies reach out to several investment firms, who manage their investments in the best possible way. Investment management firms are quite in demand and can be an excellent way forward if you are looking to start with a financial services business.
Build Investment Tools/Products
Investment tools and products never fail to draw a good deal of attention from businesses, and most importantly, they are increasingly growing in demand. Building investment tools and products will not only benefit your own company and other ventures but also help you extend them to other companies and profit from them. For instance, you can have a look at these tools/app built for investors - Top 7 Apps to Invest in Mutual Funds in India
Start ATM installation & Maintenance Company
The world and our country have surely gone the digital way and along with all other industries, the banking industry has also seen quite a transformation. We hardly hit the banks today and rather love our money to be withdrawn or deposited at ATMs instead. This makes ATM installation and maintenance to be really crucial, which gives a solid reason as to why you should look to start an ATM installation and maintenance company if you are determined to start a financial services business.
Supply of POS Machines
POS or Point of Sale systems is rapidly growing in demand for their effectiveness and the diversified uses that they enjoy in a whole range of modern industries. These systems are being absorbed by almost all the industries of now. So, opting to manufacture POS machines can definitely be a profitable business that would be beneficial for anyone who is looking to step into finance-related businesses.
Risk Management Consultant
Risk Management is one of the pillars of business growth and is pacing incredibly fast with the growth of the business and the startups. It is one of the key factors that every other business looks for, which gives rise to the risk management consultants to stand with their companies as well as independently. Risk management consultants are therefore highly valued by every other company and can be quite a career if you want to pursue a career in financial services.
Credit & Thrift Business
Credit and thrift as the name says are businesses that take care of the credit requirements of other businesses, entrepreneurs, and other individuals and grant them loans at the decided rates of interest. The scope of credit and thrift businesses has been underlined first by the credit unions and thrift societies, which pooled all their resources together and offered loans at agreed rates of interest to their members.
The Credit & Thrift business is not only rewarding but is quickly climbing up the ladder of demand as well to pursue a career in it.
The commodities market is ever-expanding. Commodities include physical substances like oil, fruits, gold, grocery items, and more, the trading of which happens when the traders buy them at a cheap price and sell them at a higher price, thereby making a profit.
The trading of these products is never going to end, which makes commodity trading an important listing if you are noting down some finance business ideas, well worth pursuing.
P2P lending, also known as Peer-to-Peer lending, is a money lending process where the business and individuals are lent through online services that match the requirements of the lenders with the criteria of the borrowers. These are mostly small loans that are granted via this process, thereby minimizing the risks of the lenders.
P2P lending is a great idea to proceed with if you are interested in pursuing a promising financial services business.
Real Estate Appraiser
Appraisers are the persons who assess goods, assets, and properties to define the monetary value of the same. Appraisers are of various kinds and absorbed in a wide range of industries including banks and financial institutions, real estate, and more. Real estate appraisers like those who are associated with the banks, are quite in demand and enjoy an incredible amount of respect. Furthermore, they also enjoy a solid income along with nurturing the potential for earning more. Therefore, being a real estate appraiser is something that you cannot miss putting in the bucket list of financial business ideas. Here's how to start a real estate business in India.
Along with bootstrapping and raising funds from investors including angel investors and others, crowdfunding is something that has noticeably risen in demand over the years since it came into existence. Crowdfunding suits a list of different purposes and is something that both individuals and businesses look up to. Building a business that extends crowdfunding solutions for people is, therefore, a wise choice eyeing the bright future ahead.
Bill Reminder App
We are living in an age that is pacing as fast as ever. Time is fleeting for real and bringing in more wonders with every second that passes. Reminders are something that all of us need all the time unless our brains are supercomputers of course. This is giving rise to a collection of reminder apps that helps us remember the things that we should be accounted for.
Along with all the other tasks that we should be reminded about, reminders for our monthly bills is something really crucial and with some apps, the excruciating task is becoming easier. However, building another smart and foolproof app that solves the persistent issues of failed bill payments can be a bright idea, which can be equally rewarding.
Crypto Exchange Platform
Now, with the increasing demands of cryptocurrencies, the demand for exchanging these currencies also increased likewise. Furthermore, the crypto exchange platforms are highly profitable also. This makes building a crypto exchange platform a must in case you have been looking for lucrative finance startup ideas.
Build Regtech App
Regtech apps are the cluster of software applications that are now used to manage regulatory compliances for the companies of the present. Regulatory technology apps, which are now known as regtech apps, are the apps that are powered by the cutting-edge technologies of AI, ML, and more. These apps help in a range of ways to save the time and money of the companies that depend on regtech companies.
Building regtech apps can be hugely beneficial as a financial services business idea because they are counted among some of the primary requisites of most small and medium scale companies that are hoping to grow today.
Bureau the change
A business where people can exchange one currency for another. the currency in every country is unique. Anyone attending International locations he/she is expected to alter the money. With proper licensing, you can commence this business.
How to Build a Financial Business?
There are many regions for you to receive some revenue. A noticeable one and the centerpiece of this statement is home loans. But of course, you will learn very fascinating when you realize extra about the soft governed super funds and those significances. That's an extremely sensational region that you might just suppose getting implicated in specializing. All of our homeland clients' primary neverland for car loans. Some of the business people bargain with tool financing, retail loans, manufacturers pubs, and so on personal lending explanations for when the bank's seen we retain a very huge database of a personal lender, security service commodities, and other commodities. The financial industry in India works in a complex way.
You will be utilizing cutting-edge software called symmetry and it will say you all the delinquent stuff. You just meet this business and not possess to do like computers to everything. These days the real-time comparisons i.e the lender to lender comparison, client evidence, occupy the application forms, etc. You will like it when you receive it through this region of the business.
We're discussing home loans especially and look it's a vanilla bread and butter industry yet we're glimpsing that some sixty thousand home loans every month earn written around India. A dealer is relying on which lender you eventually labor with. Home loans are an important aspect of the financial industry in India.
You can receive an upfront committee for print a loan of around a half percent of the loan percentage. So in a regular four hundred thousand dollar loan that loan would reimburse you around 2000 to 12000 for a normal loan.
In addition to that, you're also capable of the trailing committee from most lenders. The trailing committee is about 0.15 percent per annum on the extraordinary balance meaning for this very similar home loan that's around five to six hundred dollars a year primarily paid monthly so around forty to fifty dollars per month. For the life of the loan be it 22 years it doesn't issue. This financial business idea totally depends upon the trust as the dealer is completely relying on the lender.
People will often want cash
People will constantly want wealth and why not from you. Believe me about this. You're getting on to be requesting the same banks that they eventually maybe belonging to choose anyhow. The similar taxes if not adequately a completely free assistance where you can correlate the entire marketplace using cutting-edge software. You can easily enter the financial industry in India. This is an easy financial business idea to start your career with but has very little stability.
Create Your Business With Referrals
One of the vastly outstanding and authentic techniques of enticing clients, joining with clients, marketing with clients is through referrals. Referrals come from friendships you build with some like-minded or like business partners. Real estate dealers, real estate sellers, accountants are an entire range.
Most of the commerce people, website holders can do linking producer of industry owners. Most want to expend extra cascades of revenue if they can. Understand about this think. What would be if you lived to offer 50% of your upfront commission as an encouragement for a supporter to lend entry to customers? Feel about that for a moment.
I mean would you receive any takers. 50% is unheard of and huge people in the enterprise would say oh I don't spend anything for referrals because I just assisted them to do the contract and that's all valid.
I'm saying I will plant that germ for you, not everyone will bring you up on that. Understand this how do you want to create a nice personal practice for yourself? How several real estate sellers in all countries do you want to associate with you and drive to you?
The customers that they're swapping buildings and anyway you are going to earning cash. However, of the alternate treaty, you appear to you earn to protect all the cases. We never lend that away always. So that's your industry so it commands you 50% of your upfront. How you are however building an elegant trial book?
Use public domains
Another path of evolving your industry is just through public realms. Domain.com is the real property site. I'm sure you have been there. They composed their connection for open for examination. You can maintain it at any time. You can go directly and have an open glance for inspection. What is your region of choice is accessible to look at today, this week, next week? There are dozens of them. The dealer's name, the lecture is often of the properties.
It's similar to the above website. So they're readily available what's on the demand, what's occurring, and if they're bought no house at a time the consumer wants money. What I'm going to recommend to you is that one of the easier that we could ready you to achieve is just also some of these open houses of course with the committee of the seller or the agency dealing the open for inquiry.
Just to give out a few industry cards on in which you're telling look I've got thirty pots and lenders. Then alone I could enable you upon one, hey somebody even says look lend me your pamphlets and I will put them second to the enrollment table.
You go to the following clear home and put your handouts there too so you can make twice as much your time. Some real quotations, not all of them but a little bit glimpse at this some of their friendships are right. Might whisper to you, hey look I will provide you with a bit of window you can sign up there and we will put a banner or a little thing on a medal on each of the ads.
They might even let you allocate commerce actual inside of the new journal that's being allocated from the front of the store. Also, it is inside the shop dispense for your booklets the counter. They might even put the flyers inside the post-outs.
They, however, have to physically post owners, tenants, their receipts declarations. Why not the mails already getting on out people evidence back in there. There is some belief about this. Some smart entrepreneurial boutique category ones might even say hey overhear why don't we begin a finance division inside the company.
And we will co-branded. I will provide the guides, all the open cottages, and everything. Let's create the finance industry pull that off you will be right for existence than what you. Almost explain just that I know of have entry to a subscription essentially RP data. If you are not aware of RP data please visit RP.com
Have a look through and what you will find out is that it gives you tons about every estate in the country and encourages one to search these properties like estate features, ownership details, other characteristics, land sizes when they sold it sales past, etc.
FAQs on Financial Business Ideas
What are some of the finance business ideas?
Top Finance-related business ideas include:
- Micro-finance Bank
- Finance Consulting Firm
- Private Finance Blogs
- Insurance Agency
- Retail Loan Brokerage Company
- Finance-related Coaching
- Finance-related Podcast
- Crowdfunding Solutions
- Bill Reminder App
- Crypto Exchange Platform
- Build Regtech App
Name some personal finance business ideas?
Tax consultant, investment management services, mutual fund agency, build personal finance management tools/apps, bookkeeping services, impart your knowledge regarding personal finance.
What are some Banking-related Business ideas?
Some banking business ideas are:
- Micro-Finance Bank
- Commercial bank
- Gold Loan Company
- Mortgage bank
- P2P lending
- Build Regtech App/Tools
- Merchant Banking
How to get Finance to start a Business?
7 Ways to raise finance for your business:
- Personal Money
- Seek for Angel Investors
- Bank Loans
- Find a venture capitalist
- Pursue startup grants
- Family and Friends
Read this article on How to Approach Investors for Funding for your Startup
This was our list of Best Finance-related business ideas you can start with. We will definitely update this list of financial business ideas as we get more industry information. So stay tuned & contact us if you have any inputs with regards to this article.