About Bestpay Solutions
Bestpay Solutions is a Financial Services company based in Delhi (India) founded in 2020. It offers a platform for secure money transfer and payment services. It operates on a B2C model. The company has 1 employees. Its Indian entity Bestpay Solutions Private Limited reported revenue of ₹415 Cr. Its focus areas include Finance, Payments, Money Transfer and Payment Services. Its competitors include HiWi, RNFI Services and Paymatrix; 2 of its 3 listed competitors have raised funding.
Company details
Bestpay Solutions, founded in 2020 in Delhi, India, focuses on finance, facilitating payment transactions, money transfer, and payment services. Offers a platform for secure money transfer and payment services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Delhi, India
- Employees 1
- SectorsFinancial Services
- Website bestpay.org.in
- Legal Name Bestpay Solutions Private Limited
- Date of Incorporation 03 Jun, 2020
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹415 Cr
FY 2022 · +815% YoY
- Net Profit₹26 Lakh
FY 2022 · 0% margin
- EBITDA₹35.7 Lakh
FY 2022 · 0% margin
- Employee Count1
Associated legal entities of Bestpay Solutions
Bestpay Solutions operates through Bestpay Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bestpay Solutions Private Limited CIN U74999DL2020PTC364259 | Active | 03 Jun 2020 | New Delhi, Delhi | ₹415 Cr | 2 | View details |
Board of directors of Bestpay Solutions Private Limited (Bestpay Solutions)
Bestpay Solutions Private Limited is the primary company behind Bestpay Solutions. The board of Bestpay Solutions Private Limited currently have 2 directors; the longest-serving is Sushil, appointed in 2020. 1 earlier director has ceased.
Financials of Bestpay Solutions
Figures of Bestpay Solutions Private Limited, the primary company behind Bestpay Solutions, for FY 2022. Revenue was ₹415 Cr (+815% year on year). Net profit was ₹26 Lakh (0% margin). EBITDA was ₹35.7 Lakh (0% margin).
- ₹415 CrRevenue · FY 2022 · +815% YoY
- ₹26 LakhNet profit · 0% margin
- ₹35.7 LakhEBITDA · 0% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Bestpay Solutions Private Limited are on its company page.
Detailed financial statements for Bestpay Solutions
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- Statement rows
- Financial ratios
- Five-year trends
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Competitors of Bestpay Solutions
Bestpay Solutions has 3 listed competitors in our database, 2 of them funded. They include HiWi, RNFI Services and Paymatrix.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hiwipay.com | 2022 | Mumbai, India | $3.78M | 22 | Provider of payment solutions for international students | |
| rnfiservices.com | 2015 | Delhi, India | 1,385 | Digital payment services including gateways, remittances, and recharges are provided. | ||
| paymatrix.in | 2015 | Hyderabad, India | $618,681 | 28 | Rent payments and collections are streamlined via a SaaS platform. |
Detailed competitors of Bestpay Solutions
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- Full competitor set
- Operating metrics
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Bestpay Solutions (Payments & Remittance Platforms) in India, 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 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Frequently Asked Questions about Bestpay Solutions
Bestpay Solutions was founded in 2020.
Bestpay Solutions is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Bestpay Solutions has 1 employees.
The primary company behind Bestpay Solutions, Bestpay Solutions Private Limited, reported revenue of ₹415 Cr for FY 2022, up 815% year on year.
Bestpay Solutions, founded in 2020 in Delhi, India, focuses on finance, facilitating payment transactions, money transfer, and payment services. Offers a platform for secure money transfer and payment services. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Bestpay Solutions's top competitors include RNFI Services, HiWi and Paymatrix.
Bestpay Solutions operates through Bestpay Solutions Private Limited.
The legal entities of Bestpay Solutions currently have 2 directors, including Lalit, Sushil.