About FortunePay
FortunePay is a company based in Bengaluru (India) founded in 2011 was acquired by Ezetap in June 2017. FortunePay has raised $1.17 million across 2 funding rounds from investors including Ezetap, Bessemer Venture Partners and Kae Capital. FortunePay operates in a competitive market with competitors including Worldpay, Square, Adyen, Euronet Worldwide and EVO Payments, among others.
- Headquarter Bengaluru, India
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Sectors
RetailFinancial Services
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Email
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Phone
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Website
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Social
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- Legal Name Fortune Payment Solutions India Private Limited
- Date of Incorporation 10 Jun, 2011
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$4.96 K (USD)0as on Mar 31, 2015
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Net Profit
-$216.27 K (USD)-232as on Mar 31, 2015
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EBITDA
-$274.58 K (USD)-192as on Mar 31, 2015
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Total Equity Funding
$1.17 M (USD)
in 2 rounds
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Latest Funding Round
$1 M (USD), Seed
Oct 19, 2013
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Investors
Ezetap
& 29 more
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Employee Count
Not available
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Acquired by
Ezetap
(Jun 20, 2017)
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Funding Insights of FortunePay
FortunePay has successfully raised a total of $1.17M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in October 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in FortunePay
FortunePay has secured backing from 30 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ezetap, Bessemer Venture Partners and Kae Capital.
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Early-stage investing in tech startups in India.
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Early-stage investments are made in B2B and deep-tech startups.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investor details for FortunePay
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Investments & Acquisitions by FortunePay
Investment portfolio details for FortunePay
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Financial Statements - FortunePay
Detailed financials for FortunePay
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Fortunepay Comparisons
Peer comparison for FortunePay
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Competitors of FortunePay
FortunePay 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 Worldpay, Square, Adyen, Euronet Worldwide and EVO Payments, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment services and analytics solutions are provided for businesses.
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POS solutions are provided for retail businesses.
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Payment issuance and processing solutions are provided for businesses.
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Electronic payments and transaction processing solutions are offered globally.
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Global payment solutions are provided by EVO Payments, Inc.
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Payment solutions for e-commerce businesses are provided via API-linked gateways.
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Detailed competitors of FortunePay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Fortunepay
Complete news archive for FortunePay
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Frequently Asked Questions about FortunePay
FortunePay was founded in 2011 and raised its 1st funding round 1 year after it was founded.
FortunePay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
FortunePay is a funded company, having raised a total of $1.17M across 2 funding rounds to date.
Annual revenue of FortunePay is $4.96K as on Mar 31, 2015.
Founded in 2011 in Bengaluru, India, FortunePay operates in the fintech sector. End-to-end electronic payment platforms and services are provided to acquiring banks and merchants. A system for acquiring and processing electronic payments is maintained, alongside mobile POS solutions and eCommerce payment gateways. Operations focus on supporting business transactions within the Indian market.
FortunePay has 30 investors. Key investors include Ezetap, Bessemer Venture Partners, Kae Capital, TCI Developers, and Ravishankar D.
The valuation of FortunePay is $897.56K as of May 2012.