India’s Leading BFSI and FinTech Companies 2023

India’s Leading BFSI and FinTech Companies 2023 | 23 [ EXPERT’S VIEW ] HOWWOULD YOU DESCRIBE THE JOURNEY OF YOUR COMPANY SINCE ITS INCEPTION? WHAT ARE SOME OF THE KEY MILESTONES OF THE COMPANY IN RECENT YEARS? Kristal was born in 2016 out of a desire to democratize wealth by leveraging technology in amanner that has not been done before. Established in 2016, we operate out of Singapore as an HQ and are regulated there along with separate licenses in Hong Kong and India. We are now targeting the Middle East region with an appl ication for an Abu Dhabi Global Market (ADGM) license. Over this period we have grown to be a family of 50k+ users who’ve trusted us with over USD 1.25 B in AUM. This represents a tripling of our global AUM over the course of the last 24 months backed by strong growth in our user- base. While this growth has been broad-based, a lot of our growth has been led by our partnerships wherein we work with wealth managers and wealth firms to enable global investments for their Kristal Advisors Private Limited Asheesh Chanda CEO & Co-Founder clients. We proudly serve clients from marquee names such as IIFL, Kotak, Yes Securities, LGT India and Julius Bar, to name a few! WHAT ROLE CAN TECHNOLOGY PLAY IN RESHAPING THE BFSI SECTOR? At K r i s t a l , we a r e a t ech - enabled digital wealth platform that f i rs t -hand encountered significant transformation due to technological advancements. Technology has disrupted the traditional ways of doing business and shifted towards a more digital and customer-centric approach. This includes improved customer experience, enhanced security, automation and streamlining, big data and analytics, and fintech collaboration. The BFSI sector has leveraged technology to provide customers with convenient and secure banking and f inancial serv ices . The integrat ion of various technological tools has helped to streamline processes, increase efficiency, and provide valuable insights into customer behaviour and industry trends. The collaboration between traditional financial institutions and fintech companies has also enabled innovation and better solutions for customers. WHAT IS YOUR COMPANY’S GROWTH STRATEGY FOR NEXT 3-5 YEARS? For us the next 3-5 years are breakout years wherein we want to expand into newer geographies, newer client segments and newer distribution/service channels. We’re already amongst the leading platforms for partners and are seeking to expand this footprint. We will maintain a razor-sharp focus on costs as we now believe we have the right organization, processes and people to scale effectively. Click here to visit the website Dun & Bradstreet