FinLit�A Financial Literacy App
Submitted by
Jahnavi Naraharisetti
Senior Product Manager
India’s Population
130 Cr
Middle Class
28%
Poverty
69%
Literacy rate
74%
Financial literacy rate
24%
Women Financial Literacy
20%
Metric | In Percentage | in Cr |
Indian Population | 100% | 130 |
Middle Class | 29% | 37.7 |
Unique MF Investors | 4% | 1.54 |
Stock Market Investors | 22% | 8.3 |
With only 24% FinLit Rate and 22% of middle class investing in stock markets,
Financial Literacy is the need of the hour
Around 90% of the users invest in stock markets or mutual funds based on the suggestions of the family and friends.
Majority of the users don’t understand their insurance.
Physical gold and real estate are the top investment choices
Problem Statement
A graduate in India who is struggling to comprehend the lengthy and boring financial analysis, either starts investing based on random tips or quits investing
FinLit – A gamified learning
A fun community learning solution to understand financial knowledge through games
Pre-defined gamification APIs so that the content creators can design the games quickly
Content Creators are top rated in the industry and have qualifications as per the SEBI standards
Mutual funds can explain their new or existing offerings to the clients
Brokerage firms can provide their stock analysis on the app
Data from new IPO filings can be uploaded in a pre-defined game framework
User Journey on FinLit
Login through the app and identify your financial competency among Beginner, Intermediate and Expert.
Browse through various games and content available for your competency level
Keep learning and upgrade your financial competency level
Follow content creators and get updates on the go
Happy Investing
What's in it for Stakeholders ?
Consumers
Content Creators
MF and Brokerages
SEBI
Business Model
Google Ad/ AdTech Revenue
Affiliate revenue from Mutual funds
Affiliate revenue from Brokerage Houses
Shared with Creators
Thank You
References