About EQL Fintech
EQL Fintech is a Financial Services company based in Chennai (India) founded in 2019 by Lionel Jeshuran Charles. It provides white-labeled payment cards for families and businesses. It operates on a B2B model. Its focus areas include Finance, Fintech, Payment Solutions and White-Labeled Cards. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
EQL Fintech operates with a B2B model, focusing on finance, fintech, providing payment solutions, and white-labeled cards. Provides white-labeled payment cards for families and businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Chennai, India
- Founders Lionel Jeshuran Charles
- SectorsFinancial Services
- Website eql.app
- Annual Revenue$17.68 K (USD)as on Dec 31, 2020
Associated legal entities of EQL Fintech
EQL Fintech is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Eql Fintech Private Limited CIN U72900TN2020PTC133579 | Active | 02 Jan 2020 | Chennai, Tamil Nadu | ₹0.0 Cr | 2 | 2 | View details |
| Eql Financial Technologies Private Limited CIN U65191TN2007PTC064017 | Active | 19 Jun 2007 | Chennai, Tamil Nadu | ₹21.7 Cr | 149 | 2 | View details |
Board of directors of EQL Fintech
The boards of the 2 registered companies of EQL Fintech currently have 3 directors; the longest-serving is Lionel Jeshuran Charles, appointed in 2010. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lionel Jeshuran Charles DIN 03268546 | Managing Director | 15 Oct 2010 | 16 yrs | Eql Financial Technologies Private Limited, Eql Fintech Private Limited |
| Reeni Sarah Adrian Samuel DIN 07970321 | Director | 02 Jan 2020 | 6 yrs 10 mo | Eql Fintech Private Limited |
| Ramasamy Sangilirajan DIN 06509338 | Director | 08 Jul 2025 | 1 yr 4 mo | Eql Financial Technologies Private Limited |
People of EQL Fintech
1 people are tracked at EQL Fintech (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for EQL Fintech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of EQL Fintech
Figures of Eql Financial Technologies Private Limited, the primary company behind EQL Fintech, for FY 2025. Revenue was ₹21.74 Cr (-75% year on year). Net profit was ₹1.91 Cr (9% margin). EBITDA was ₹5.89 Cr (27% margin). Revenue has grown at a compounded annual rate of -21% over three years and -13% over five years.
- ₹21.74 CrRevenue · FY 2025 · -75% YoY
- ₹1.91 CrNet profit · 9% margin
- ₹5.89 CrEBITDA · 27% margin
- ₹2.32 CrPaid-up capital
- 149Employees (provident fund records)
- -21%Revenue CAGR, 3 years
- -13%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Eql Financial Technologies Private Limited are on its company page.
Detailed financial statements for EQL Fintech
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.
Similar companies to EQL Fintech
EQL Fintech has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of EQL Fintech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Travel Fintech
3 companies that operate in the same segment as EQL Fintech (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 4.26 M | 128 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about EQL Fintech
EQL Fintech was founded in 2019.
EQL Fintech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Annual revenue of EQL Fintech is $17.68K as on Dec 31, 2020.
EQL Fintech operates with a B2B model, focusing on finance, fintech, providing payment solutions, and white-labeled cards. Provides white-labeled payment cards for families and businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
EQL Fintech is associated with 2 legal entities: Eql Financial Technologies Private Limited, Eql Fintech Private Limited.
The legal entities of EQL Fintech currently have 3 directors, including Lionel Jeshuran Charles, Ramasamy Sangilirajan, Reeni Sarah Adrian Samuel.