About FastPay Payments
FastPay Payments is a company based in Kolkata (India). It operates as a B2B. FastPay Payments operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Kolkata, India
- SectorsFinancial Services
- Website fastpayindia.com
- Legal Name Tramitar Services Private Limited
- Date of Incorporation 12 Oct, 2017
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹75 Lakh
FY 2021 · -17% YoY
- Net Loss-₹1.92 Cr
FY 2021 · -256% margin
- EBITDA-₹1.82 Cr
FY 2021 · -243% margin
Associated legal entities of FastPay Payments
FastPay Payments operates through Tramitar Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tramitar Services Private Limited CIN U72900WB2017PTC223104 | Active | 12 Oct 2017 | Kolkata, West Bengal | ₹0.8 Cr | – | 2 | View details |
Board of directors of Tramitar Services Private Limited (FastPay Payments)
Tramitar Services Private Limited is the primary company behind FastPay Payments. The board of Tramitar Services Private Limited currently have 2 directors; the longest-serving is Sapna Kumari Sharma, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sapna Kumari Sharma DIN 07939365 | Director | 12 Oct 2017 | 9 yrs | Tramitar Services Private Limited |
| Sandeep Sharma DIN 06371480 | Director | 24 May 2022 | 4 yrs 4 mo | Tramitar Services Private Limited |
Financials of FastPay Payments
Figures of Tramitar Services Private Limited, the primary company behind FastPay Payments, for FY 2021. Revenue was ₹75 Lakh (-17% year on year). Net loss was -₹1.92 Cr (-256% margin). EBITDA was -₹1.82 Cr (-243% margin). Revenue has grown at a compounded annual rate of +310% over three years.
- ₹75 LakhRevenue · FY 2021 · -17% YoY
- -₹1.92 CrNet loss · -256% margin
- -₹1.82 CrEBITDA · -243% margin
- ₹1 LakhPaid-up capital
- +310%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Tramitar Services Private Limited are on its company page.
Detailed financial statements for FastPay Payments
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 FastPay Payments
FastPay Payments 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| razorpay.com | 2014 | Bengaluru, India | $742M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| pinelabs.com | 1998 | Noida, India | $1.32B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| airpay.co.in | 2012 | Mumbai, India | $3.63M | 996 | An integrated omnichannel platform for financial services is provided. |
Detailed competitors of FastPay Payments
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.
Similar companies to FastPay Payments
10 companies that operate in the same segment as FastPay Payments (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 |
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 FastPay Payments
FastPay Payments is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind FastPay Payments, Tramitar Services Private Limited, reported revenue of ₹75 Lakh for FY 2021, down 17% year on year.
FastPay Payments operates with a B2B model, focusing on finance, facilitating payment transactions, offering digital marketing tools, and processing payments securely. Provides innovative digital payment solutions for businesses and users. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
FastPay Payments operates through Tramitar Services Private Limited.
The legal entities of FastPay Payments currently have 2 directors, including Sapna Kumari Sharma, Sandeep Sharma.