AssetVault, TechStars backed UK Fintech firm, has been awarded the ‘Fintech Rising Star’ at the prestigious IFTA FinTech 2020 Awards. 600 Applicants from over 50 countries competed for entry into the coveted finalist group. AssetVault was among the 27 global finalists which included the likes of Paytm, ClearTax, Lendingkart, Razorpay.Launched in 2016 to tackle the pain points in making Wills, AssetVault has transformed the traditional Will making process. Through its product ‘eWill’, customers can make 100% legally valid Wills from the comfort of their homes at a fraction of the lawyer’s cost. Covid-19, has only accelerated the shift in the mindset of ensuring our family and loved ones are protected. AssetVault helps people secure ‘peace of mind’ in these turbulent times and creates a healthy financial habit of legacy planning. With presence in the UK & Europe, AssetVault is now launching its services in India with a mission to help Indian families better protect their hard earned Wealth via eWill. AssetVault aims to become ‘India’s biggest online Wills provider’
Mr Vishnu Chundi, CEO and co-founder of AssetVault:
“Five years ago, my uncle passed away without a Will and Testament and I saw the trouble that our family had to go through to figure out what all his assets were and eventually it led to an ugly dispute during their distribution. Our mission is to protect your assets today and tomorrow. We all work very hard to acquire assets-home, car, bank accounts, gold, insurance policies etc. However, we fail to take the time to protect and grow them.
More than 90% of Indian families have no succession plan in place. There is speculation that the government may reintroduce inheritance tax in order to enhance tax revenues and this will impact a lot more Indians significantly. We need to change the perception that Wills are just for the wealthy and people over 60s. Indian millennials have more digital assets today and it’s growing: mutual funds, brokerage accounts, FDs, social media accounts etc. Making sure you assign the right beneficiaries for these is critical as your family may not inherit them automatically.If you have minor children, it is highly recommended that you appoint guardians for them formally through a Will
We are embarking on an rewarding journey to spread awareness and provide financial security to indian families”
Unplanned estate planning leads to wealth destruction, leading to unhappiness and discontent in our loved ones’ lives. Let’s act now for a worry free future! Join our Waitlist
India FinTech Forum organized the 5th edition of its flagship event, India FinTech Awards 2020 from 30th November to 2nd December 2020. With over 10000+ Attendees from 50+ Countries, 27 finalists battled for the winners positions across various categories.
Other notable winners at the event include :
Paytm, ClearTax India ,Simpl, Razorpay, Lendingkart, , CoinDCX, Novopay, ADVANCE.AI, Khatabook , Acko , Rainmatter, FLOW- Ethical Credit Management , Nearby Technologies Private Limited , Signzy , Upstox,
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