Business
The New Fintech Guru Who Founded PayCrunch, Aman Bhayana
Aman Bhayana is the founder of PayCrunch which is a microloan lending app that makes it easier for students to borrow money. He came up with the PayCrunch Fintech Idea in August 2020. PayCrunch also aids students in the administration of their personal finances by allowing them to keep track of their transactions.
A credit system is utilized to track a student’s repayments and to reward them with exciting bonuses for good financial management. PayCrunch is unusual in that it offers an offline capability, which eliminates the need for internet access and improves accessibility across the country.
Aman earned his bachelor’s degree in computer science with a specialty in information security from the Vellore Institute of Technology in Vellore. In college, he worked as a manager at a club/society, where he gained experience in team management and leadership. He also dabbles with photography and filmmaking on occasion.
He worked as a Production Manager at the VIT Film Society, where he worked on a variety of intriguing projects such as designing and creating an elevator system combining digital logic and design, prototyping a smart garbage system for a smart city, and so on. He discovered his interest in finance and stock markets during his first internship at BDO Global. He began studying stock markets and how the financial business operates.
The financial firm is also in talks with restaurant chains such as Social and fintech platform CRED, among others, to offer various programmes and goods to its customers. It intends to make the user experience more gamified by rewarding them with Pay Crunch coins that can be used to make additional purchases.