
About FriendPay
FriendPay is a Financial Services company based in Thane (India) founded in 2022. It delivers agent-based payment solutions tailored for businesses. It operates on a B2B model. The company has 1 employees. Its Indian entity Rrr Financial Solution Private Limited reported revenue of βΉ16.9 Lakh. Its focus areas include Finance, Fintech, Payment Solutions and Agent-based Payments. Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
FriendPay, based in Thane, focuses on finance, fintech, providing payment solutions, and agent-based payments. Delivers agent-based payment solutions tailored for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Thane, India
- Employees 1
- SectorsFinancial Services
- Website friendpay.in
- Legal Name Rrr Financial Solution Private Limited
- Date of Incorporation 31 Jan, 2022
- Jurisdiction Thane, Maharashtra, India
- Annual Revenue₹16.9 Lakh
FY 2024 · +231% YoY
- Net Profit₹17,050
FY 2024 · 1% margin
- EBITDA₹23,046
FY 2024 · 1% margin
- Employee Count1
Associated legal entities of FriendPay
FriendPay operates through Rrr Financial Solution Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rrr Financial Solution Private Limited CIN U74999MH2022PTC375728 | Active | 31 Jan 2022 | Thane, Maharashtra | ₹0.2 Cr | 2 | View details |
Board of directors of Rrr Financial Solution Private Limited (FriendPay)
Rrr Financial Solution Private Limited is the primary company behind FriendPay. The board of Rrr Financial Solution Private Limited currently have 2 directors; the longest-serving is Rupesh Shesu Poojari, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rupesh Shesu Poojari DIN 09485667 | Director | 31 Jan 2022 | 4 yrs 8 mo | Rrr Financial Solution Private Limited |
| Rajendra Uddhav Kanse DIN 09485668 | Director | 31 Jan 2022 | 4 yrs 8 mo | Rrr Financial Solution Private Limited |
Financials of FriendPay
Figures of Rrr Financial Solution Private Limited, the primary company behind FriendPay, for FY 2024. Revenue was ₹16.9 Lakh (+231% year on year). Net profit was ₹17,050 (1% margin). EBITDA was ₹23,046 (1% margin).
- ₹16.9 LakhRevenue · FY 2024 · +231% YoY
- ₹17,050Net profit · 1% margin
- ₹23,046EBITDA · 1% margin
- ₹20,000Paid-up capital
Balance sheet, profit and loss, cash flow and ratios of Rrr Financial Solution Private Limited are on its company page.
Detailed financial statements for FriendPay
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- Financial ratios
- Five-year trends
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Competitors of FriendPay
FriendPay has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Pay Point India and Kaleidofin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending |
Detailed competitors of FriendPay
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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Top companies in Travel Fintech
3 companies that operate in the same segment as FriendPay (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 8.79 | 74 | ||
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 |
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Frequently Asked Questions about FriendPay
FriendPay was founded in 2022.
FriendPay is headquartered in Thane, India. It is registered at Thane, Maharashtra, India.
FriendPay has 1 employees.
The primary company behind FriendPay, Rrr Financial Solution Private Limited, reported revenue of βΉ16.9 Lakh for FY 2024, up 231% year on year.
FriendPay, based in Thane, focuses on finance, fintech, providing payment solutions, and agent-based payments. Delivers agent-based payment solutions tailored for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
FriendPay's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
FriendPay operates through Rrr Financial Solution Private Limited.
The legal entities of FriendPay currently have 2 directors, including Rupesh Shesu Poojari, Rajendra Uddhav Kanse.