AmaniBank India
"Peace of Mind Banking for Diaspora Families"
💛 Fund care, not cash — Direct | Verified | Recurring
"Empowering 32 million Indians abroad to care for family at home"
The Problem
Remittances lose purpose and visibility
- 32 million Indians abroad send >$100 Billion/year (World Bank 2023)
- Most funds arrive as cash, not earmarked support
- 60%+ of families report misuse or diversion of funds
- Schools, clinics, and insurers can't easily verify payments
"I sent money for my parents' treatment, but did it reach them?"
The Scale of the Problem
India = #1 Global Remittance Market
Annual remittance inflows (3% of GDP)
- 32 million Indians in diaspora (US, GCC, UK, Singapore)
- 40% destined for health, education, essentials ≈ $40B addressable
- Even a 1% shift → $400M verified-purpose payments
Market Breakdown
The AmaniBank Solution
Purpose-locked digital banking for diaspora families
- Pre-approved service bundles (Health | Tuition | Essentials)
- Funds locked to purpose — no leakage
- Instant proof of service (photo + geo + receipt)
- Provider settled instantly via UPI / bank API
Diaspora → AmaniBank → Verified Provider → Beneficiary
How It Works
1️⃣ Sponsor App
Gulf/US/UK/Singapore
- Sign-up + KYC
- Fund bundles in USD/INR
- Track proof real-time
2️⃣ Beneficiary App
India Recipients
- Receives service credits
- QR/code redemption
- Views proofs & messages
3️⃣ Merchant Portal
Clinics/Schools
- Verifies care delivery
- Uploads proof
- Instant UPI settlement
4️⃣ Admin Console
Operations
- FX management
- KYC/compliance
- Ledger & audit
Why India Now
- World's largest diaspora (US, GCC, UK, Singapore)
- UPI + RBI Account Aggregator + OCEN create open-finance rails
- Rapid growth in digital-health, EdTech, InsurTech
- RBI and NPCI back purpose-based payments pilots
- Families ready for trust-anchored remittance alternatives
Digital Infrastructure Advantage
Instant settlements
Digital identity
Health records
Market Opportunity
| Segment | Addressable | Target (5%) | Revenue (3-7%) |
|---|---|---|---|
| Healthcare | $18B | $0.9B | $27-63M |
| Education | $15B | $0.75B | $22-52M |
| Essentials | $7B | $0.21B | $6-15M |
| TOTAL | $40B | $1.86B | $55-130M |
Even 1% market penetration = $55M+ annual revenue potential
Competitive Landscape
| Player | Focus | Weakness |
|---|---|---|
| Wise / Remitly | FX transfer | No purpose lock / proof |
| ICICI Money2India | Bank transfer | No recurring bundles |
| UPI GIFT | Domestic only | Not diaspora-linked |
| AmaniBank | Purpose-locked + verified | ✅ Unique model |
Business Model
Revenue Streams
- 3–7% margin on funded services
- Interchange on diaspora debit cards
- Merchant rebates + commissions
- Premium "Care + Save" insurance bundles
- Cross-sell data services (de-identified insights)
Unit Economics (India)
Average monthly send
CAC payback
On recurring plans
Gross margin
Product Components
| Component | Description |
|---|---|
| 💳 Diaspora App | Fund, automate, track proof in real-time |
| 📱 Beneficiary App | QR redeem + notifications + proof viewing |
| 🏥 Merchant Console | Clinics/schools verify + instant UPI settlement |
| ⚙️ Admin Ops Console | KYC, FX, ledger, audit trail management |
| 🔗 API Layer | UPI / RBI AA / FX / ABDM integration |
Technology Stack
React Native + Node.js + AWS + PostgreSQL + Redis
UPI Integration + Aadhaar KYC + ABDM Health Records
ISO 27001 / SOC2 ready architecture
Initial Use Cases
Pilot Cities: Mumbai • Bengaluru • Hyderabad • Kerala (GCC corridor)
🏥 Chronic Care Plan
₹3,000/month
Monthly health monitoring for parents (diabetes, BP, routine checkups)
✓ Annual Wellness Check
₹5,500/year
Comprehensive health screening package with follow-up
🎓 School Tuition Assurance
₹15,000/term
Direct-to-school fee payment with attendance verification
🛒 Groceries Credit Pack
₹2,000/month
Redeemable at verified grocery stores and pharmacies
Technology & Compliance
🔧 Technology Stack
- React Native (iOS/Android)
- Node.js + Express backend
- AWS cloud infrastructure
- PostgreSQL + Redis
🔐 Security & Standards
- ISO 27001 ready
- SOC2 Type II roadmap
- End-to-end encryption
- PCI DSS compliant
🏦 Financial Integration
- UPI payment rails
- RBI Account Aggregator
- FX rate optimization
- Real-time settlements
✓ Compliance & KYC
- Aadhaar-based KYC
- CKYC integration
- PAN verification
- Liveness detection SDK
Why Now — Trends & Policy Momentum
- UPI cross-border pilots (UAE, Singapore) unlock instant diaspora → India payments
- Account Aggregator + OCEN = open finance primitives for verification & scoring
- Digital health rails (ABDM) + rapid growth of private clinics/diagnostics
- Shift from cash to purpose-based payments post-COVID
- EdTech & InsurTech ready to bundle services with verified redemption
Rails, regulation, and behavior finally align for purpose-locked remittances.
Partnerships in India
🏥 Health Providers
- Rijuven Clinic-to-Door (home care)
- Diagnostics chains & labs
- ABDM-linked hospitals
🎓 Education
- School fee aggregators
- University/college treasuries
- EdTech vouchers (exam fees, books)
💳 Payment Rails
- UPI acquiring partners
- Bank APIs (settlement)
- Card/ACH for diaspora funding
🛡️ Compliance
- KYC/CKYC/Aadhaar vendors
- Sanctions & AML screening
- Account Aggregator (consents)
Go-to-Market Strategy
Diaspora Acquisition
- Associations, embassies, temples/church communities
- Employer programs in GCC/US (nurses, IT, maritime)
- Referral engine: "Fund 1 month, gift 1 visit"
Provider Activation
- Top clinics/schools per city (quality > quantity)
- Provider cash advance on verified proof
- Co-marketing with partners
Brand & Story
- "Send Care, Not Cash."
- Short videos: sponsor → proof → parent smiles
- Localized languages for trust
Retention Mechanics
- Autofund plans (payday sync)
- Milestone badges & impact summaries
- Care navigator chat
Roadmap to Success
| Quarter | Milestone | North-Star Metric |
|---|---|---|
| Q1 2026 | Beta in Mumbai + Bengaluru (health bundles) | 1,500 funded plans |
| Q2 2026 | Tuition & essentials live; UPI settlements at scale | $2M GMV; 10K redemptions |
| Q3 2026 | Insurance add-ons; diaspora card; referrals | 25K MAU; 80% on plans |
| Q4 2026 | Hyderabad + Kerala expansion | $6M GMV; NPS > 60 |
| 2027 | UAE/Singapore corridors full scale | $15M GMV; 50K sponsors |
The Ask
- Seed Round: $1.5M
- Use of Funds: 40% product & compliance • 30% partnerships • 20% marketing • 10% ops
- Runway: 18 months
- Targets: 20K active sponsors • $10M GMV • 80% plan retention
Recurring, proof-based payments → low churn, predictable revenue, defensible network effects.
Vision & Contact
"Send Care, Not Cash."
- Global brand, India-first execution
- Proof-of-service at the core
- Built on India's strongest digital rails
Contact
partners@amanibank.com • www.amanibank.com