Balance is a Bangalore-based financial technology company that which runs fintech app, Balance. It is a savings management app that invests users’ money in debt mutual funds that have zero lock-in and offer returns of up to 8.7% per annum. The app is designed to understand spending patterns of individuals and use its proprietary spend analysis engine to suggest saving methods. The company was founded by two IIT-Kanpur graduates, Kumar and Abhishek Malik.