The idea of FinLock originated in 2019 when one of the close relatives of our co-founder, Vineet, became a victim of a SIM Swap fraud. The fraudster deceived his family member into initiating a SIM upgrade request and stole money from their bank account within minutes. His family consulted several people and finally reported this fraud to the concerned bank and police authorities. However, even after weeks of constant follow up, they only managed to partially recover their financial loss.
On further research, it became quite apparent to Vineet that this problem of online frauds was pervasive in India. He then contacted his friend from B-school, Sachin (our other co-founder), and they brainstormed for hours on how to stem this menace. They realized that, while several cybersecurity solutions existed for businesses, there was no single solution available for people to rely on for their protection.
Being techies at heart, they wanted to create a user-friendly solution that could not only protect people from such frauds but also streamline their reporting. Hence, after building a unique passionate team and months of dedicated effort, FinLock came into existence!
We are on a mission to do good for society and understand the hard work that people put in to earn and save money.
So, while we watch the realms of cyberspace to address the latest threats, we want you to feel 'Truly safe'.
Vineet is a technology enthusiast who is passionate about building user-friendly products that can transform lives of people. He brings 12+ years of diverse experience in launching products for Fortune 500 companies like VMware, Juniper and NortonLifelock. He holds an MBA degree from Georgetown University, USA and Bachelor’s degree in Electronics & Communication from Manipal University, India.
Sachin is a corporate strategy professional who brings more than a decade of experience in advising diverse companies with growth challenges and opportunities. He is eager to learn and passionate about innovation and problem solving and has been associated with EY, KPMG and POSCO International. He holds an MBA degree from Georgetown University, USA and Mechanical Engineering from IIT (BHU), India.