Startup ‘FENOMENA’ APP Review: How To Grab Your Gadget In Just 1-2-3!

This post was written by: Vishal aaditya

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The very recent startup app ‘ Finomena’ has been in the market for the just last two years and it has gathered up much recognition and reputation for itself. The app caters the service of assisting micro loans for young professionals for consumer electronics like laptops, mobiles, DSL Camera, home appliances any more gadgets on easy EMIs without any credit card.

The app has crossed over 100,000 downloads on Google Playstore in just nine months and it claims to be the only such finance technology app to grab that big figure.

Any new user could use it and can create one’s account. When you are signing up for the app, it simply likewise other apps requires personal details to be filled. Once your account is generated; you get the benefits of returning user, quick access and personalized settings.

 

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The app is broadly focused on catering masses the service of owing the product they are wishing with smooth loan disbursal process. The interface is quite attractive and user friendly, just copy and paste the URL of the gadget you wish to own from any of leading e-commerce portals like Flipkart, Amazon, Pepperfly etc and get the quick view of how you would be repaying the same in easy installments which the app founders call FMIs (Flexible Monthly Installment). What remains next is to proceed with ‘buy it’ and have it with little down payment by your debit card. It’s as easy as 1-2-3!

The app has its own kind of tracking system that uses the algorithm to track and identify the purchaser creditworthiness and the possibility of loan denials from NBFCs and banks.

Coming the supportability of the app, this app is supported on android 15 and above smart phones and free app to download and make ensure that your smart phones has app permission open. The app simply works in the below mentioned steps:
-Explore your product
– Submit application for loan
-Verification of your loan worthiness
– Choose for auto-debit form, once purchasing done
– Get your product delivered at your doorsteps.

Well, this lovely platform by two young professional Riddhi Mittal, a Standord University aluminus, and another IIT aluminus Abhishek Garg is much inspired by Home Credit but the approach and simplicity of the platform is absolutely unmatched and quite lively innovative that has paved way to phenomenal success of this new finance technology (Fintech) platform which is still a domain with tremendous possibilities here in the Indian market sphere and the owners of the app are aiming to launch their services in 10 more cities within 2017.

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One Response to Startup ‘FENOMENA’ APP Review: How To Grab Your Gadget In Just 1-2-3!

  1. rahul says:

    Yeah I have used Finomena app for buying smartphone on EMIs. Very happy with the easy interfere

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