FriendPay

Thane, India Founded: 2022 • Age: 4 yrs
Delivers agent-based payment solutions tailored for businesses.

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 β‚Ή16.9 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.

Operational Areas
Key Metrics
  • 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 Count
    1

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.

DirectorDesignationAppointedTenureEntity
Rupesh Shesu Poojari
DIN 09485667
Director31 Jan 20224 yrs 8 moRrr Financial Solution Private Limited
Rajendra Uddhav Kanse
DIN 09485668
Director31 Jan 20224 yrs 8 moRrr 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.

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Detailed financial statements for FriendPay

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
dvarakgfs.com2008Chennai, India$43.71M4,134
Loans for consumers and SMEs are provided alongside financial services.
paypointindia.com2007Mumbai, India$7.74M346
Digital financial and retail services are provided via agent networks.
kaleidofin.com2017Chennai, India$47.39M141
Provider of financial technology solutions for inclusive lending
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Detailed competitors of FriendPay

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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payment services via UPI, cards, and wallets.
2019Bengaluru, Karnataka, IndiaUSD 8.7974
Provides an app-based platform for group expense sharing and bill splitting.
2015Bengaluru, Karnataka, IndiaUSD 2.47 M177
Offers agent-based solutions for secure payment processing.
2015Ludhiana, 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 β‚Ή16.9 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.

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