About Aabapay
Aabapay is a company based in Thane (India) founded in 2021. It operates as a B2C. The company has 1 employees. Aabapay operates in a competitive market with competitors including Paytm, PhonePe, MobiKwik, FreeCharge and MoneyGram, among others.
- Headquarter Thane, India
- Employees 1
- SectorsFinancial Services
- Website aabapay.com
- Legal Name Aaba Pay Private Limited
- Date of Incorporation 13 Jan, 2022
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹87.5 Lakh
FY 2025 · +66% YoY
- Net Profit₹1.1 Lakh
FY 2025 · 1% margin
- EBITDA₹1.5 Lakh
FY 2025 · 2% margin
- Employee Count1
Associated legal entities of Aabapay
Aabapay operates through Aaba Pay Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aaba Pay Private Limited CIN U74999MH2022PTC374850 | Active | 13 Jan 2022 | Thane, Maharashtra | ₹0.9 Cr | – | 2 | View details |
Apps and channels of Aabapay
Aabapay publishes 1 mobile app with over 100K+ downloads.
Board of directors of Aaba Pay Private Limited (Aabapay)
Aaba Pay Private Limited is the primary company behind Aabapay. The board of Aaba Pay Private Limited currently have 2 directors; the longest-serving is Mohammed Sarfaraz Salim Makwana, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammed Sarfaraz Salim Makwana DIN 09466749 | Director | 13 Jan 2022 | 4 yrs 8 mo | Aaba Pay Private Limited |
| Saira Banu Salim Makwana DIN 09466750 | Director | 13 Jan 2022 | 4 yrs 8 mo | Aaba Pay Private Limited |
Financials of Aabapay
Figures of Aaba Pay Private Limited, the primary company behind Aabapay, for FY 2025. Revenue was ₹87.5 Lakh (+66% year on year). Net profit was ₹1.1 Lakh (1% margin). EBITDA was ₹1.5 Lakh (2% margin).
- ₹87.5 LakhRevenue · FY 2025 · +66% YoY
- ₹1.1 LakhNet profit · 1% margin
- ₹1.5 LakhEBITDA · 2% margin
- ₹10,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Aaba Pay Private Limited are on its company page.
Detailed financial statements for Aabapay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Aabapay
Aabapay operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Paytm, PhonePe, MobiKwik, FreeCharge and MoneyGram, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paytm.com | 2000 | Noida, India | $4.14B | 14,760 | Digital payments, financial services, and e-commerce platforms are provided. | |
| phonepe.com | 2012 | Bengaluru, India | $1.01B | 1,768 | Payment, financial, investment, and lending services are provided digitally. | |
| mobikwik.com | 2009 | Gurugram, India | $283.54M | 698 | Operator of platform for online mobile, DTH recharge, and bill payments | |
| freecharge.in | 2010 | Gurugram, India | $116.92M | 1,762 | Digital wallet services for bill payments and recharges are facilitated. | |
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| one97.com | 2000 | Noida, India | – | 86 | Wallet-based payment solutions are provided for consumers and businesses. | |
| you.co | 2018 | Singapore | $105.5M | – | NFC-enabled travel cards and wallets are provided for travelers. | |
| citruspay.com | 2011 | Mumbai, India | $32.5M | 160 | Online payment app for consumers and businesses | |
| ebixcash.com | 1989 | Noida, India | $35.29M | 1,799 | App-based money transfer and bill payment platform for individuals and businesses |
Detailed competitors of Aabapay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to Aabapay
10 companies that operate in the same segment as Aabapay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about Aabapay
Aabapay was founded in 2021.
Aabapay is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
Aabapay has 1 employees.
The primary company behind Aabapay, Aaba Pay Private Limited, reported revenue of ₹87.5 Lakh for FY 2025, up 66% year on year.
Aabapay, based in Thane, focuses on finance, facilitating payment transactions, offering digital wallets, and money transfer. Delivers wallet-enabled solutions for money transfers and utility bill payments. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Aabapay operates through Aaba Pay Private Limited.
The legal entities of Aabapay currently have 2 directors, including Mohammed Sarfaraz Salim Makwana, Saira Banu Salim Makwana.
Yes. Aabapay publishes AabaPay - Credit Card Payments, with over 100,000 downloads.