Investment to Start a Fintech Startup 💳| Under Rs50,000 💸में खोलो Fintech Startup |

[@BusyFunda]

*Some Important Notes ( Must Read ):- 1. Decide the Business Structure: The first step to start an online finance business is to decide the fitting business structure. There are three types of business structure suitable for a FinTech: - One Person Company: An OPC is a combination of sole proprietorship and company, where the business has only one owner but functions as a company. - Limited Liability Partnership: An LLP is a combination of partnership and corporation, where all the partners have limited liability restricted only to their respective shares. - Private Limited Company: In a PLC, the directors and shareholders of the business have no personal liability to the creditors of the company as it has its own rights and liabilities separate from the members. This is the most apt structure for a financial technology business in India. 2. Register for GST: An online finance business or finance startup is required to register for GST and obtain GSTIN for the business. The GST regime has combines the old indirect taxes like service tax, excise duty, etc. 3. Get Legal Contracts and Agreements: To start an online finance business, it is also important to get the following legal documents. A startup lawyer can assist you in drafting customised legal documents in accordance with your business requirement: Co-Founders Agreement Intellectual Property Licensing Agreement Privacy Policy Website User Policy Terms of use for mobile app users Vendor Agreement Product Development Agreement Employment Agreements 4. Obtain Intellectual Property: Intellectual Property includes- Trademark, Copyright, Patent and Design. An online finance business needs to protect its brand name, slogan, website, mobile app, etc. All these can be protected by registering them and obtaining Intellectual Property Rights (IPR). 5. Licensing: Licensing and regulation of a finance startup depend upon the type of service it plans to provide. Services which can be provided by an online finance business include: For Payment service: The Reserve Bank of India launched a ‘Differentiated banking license’ scheme for issuing ‘on-tap’ licenses to businesses that want to start financial or banking services. For this, they can apply with the RBI to register themselves. For P2P: They can only act as intermediaries. For Retail service providers: Licensing to retail fintech to carry out lending and depositing services for micro, small and medium industries and unorganised sectors. For Financial Management/Investment: There are no regulations for finance management businesses, but the RBI has proposed that these FinTech would be registered as NBFCs- Non-Banking Finance Companies. 6. Register Domain: A tech company’s basic requirement is having a web presence. Therefore, having a domain name and fully developed website are the main priorities for the online finance business. A finance startup can also set up a mobile app to expand its subscribers and users. There are four types of services offered by online finance businesses: Payment services: e-wallets and mobile payments. Peer to Peer (P2P) Lending services. Customer to Business (C2B) and Business to Customer (B2C) retail banking services. Personal Finance and Investment advisory services.

[@tarunmahajan3523]

KEEP IT UP BHAI , REGULAR VIEWER TYSM FOR THIS CONTENT

[@BusyFunda]

🙏🤗🤗 Thanks Tarun ji

[@dipakpatil4589]

आदरणीय, सर आपले बिझनेस आयडिया, मोटिवेशनचे विडिओ अत्यंत चांगले असतात. क्रिप्टो ट्रेडिंग आणि क्रिप्टो कॉईन तसेच फॉरेक्स ट्रेडिंग यांचीपण माहिती आपण द्यावी.🙏

[@BusyFunda]

🙏🙏🤗

[@animeshverma9351]

Sir, please stock market aur investing/trading se related start up ideas ke videos banayein

[@Icon00000]

Hey @busyfunda , Do Fintech's don't need a NBFC Licence from RBI, Which itself costs a huge amount as fees and and a security deposit to RBI

[@Icon00000]

😅

[@nikhilsharma0809]

Apna hi UPI ke uper ek video banao BHAiiii Hum bht time se iske bare me search kr rhe hai but kahi se koi bhi information nhi mil rhi hai. - How to integrate UPI - How to do Banking Partnership for Neo investment bank - Licence & Charges

[@ak2005]

Bro also make video on how to grow a social media app....

[@RiwazChhetri]

Ah new logo 😉

[@meetvsoni6211]

Bhai please make video on how to sell NFC card in India 😭🙏🙏🙏

[@thannow3107]

Upi ke uper banao

[@avengers7013]

I want to open a equity holding prop company plz suggest

[@princepenspin]

More about fintech

[@Danish22mirza]

Bhai licensing ka kharach r koi rasta bata de kaise kare

[@bongexplainerguy]

No views 2 likes🤨🤨🤨

[@NoName-ko3kq]

6:09 kya hum ek account saare computer mein login karke nhi kar sakte?? 😁

[@BusyFunda]

😅😅

[@NoName-ko3kq]

New logo khud design kiya ya karwaya??

[@gurdeepsingh6433]

Own upi kese kare

[@believe.2]

Hello bhai fintech banane ke liye kitne aadmi aur kis kis department ke liye chahiye aur kya isko run krne liye aur unke kaam krne ke liye ek company me kaam krne ki jrurt hoti hai

[@believe.2]

Kis prakar run hoti hai fintech company please make a video on thus

[@syedrizwanali4658]

I m working in Fintech company I know ​@@believe.2

[@sanskariwalter]

Bro...ye 1lac se 20lac funding se ho skta hai kya starting mein seed funding ke saath

[@titaniumffclub9122]

पॉसिबल है , मैं भी fampay की तरह एक फिनटेक शुरू करना चाहता हु, 5 वर्षो से बिजनेस प्लान पेंडिंग है!🤔🤗

[@Mahesh-ul8ir]

👍🏻

[@BusyFunda]

👍👍👍🙏

[@abey_tu_hai_kon]

Wasted my 7 minutes

[@BusyFunda]

We Purely Apologies Tanumay😔 For wasting your crucial minutes, we will improve, and keep in mind next time, to not wasting crucial times🙏🙏 sorry once again.

[@titaniumffclub9122]

​@@BusyFunda You are down to earth person so i appriciate you🎉👍 Some PPL actually wanna learn how to make gold from potato. 🙏🙏