About Lazypay
Lazypay is a company based in Mumbai (India) founded in 2017. Lazypay has raised $7 million across 1 funding round from investors including PayU. The company has 11 employees as of April 06, 2024. Lazypay operates in a competitive market with competitors including axio, Simpl, ZestMoney, PayJoy and Snapmint, among others.
- Headquarter Mumbai, India
- Employees 11 as on 06 Apr, 2024
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Sectors
Financial 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 Lazypay Private Limited
- Date of Incorporation 26 Nov, 2018
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$9.02 M (USD)573.11as on Mar 31, 2023
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Net Profit
-$5.17 M (USD)51.17as on Mar 31, 2023
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EBITDA
-$5.48 M (USD)47.46as on Mar 31, 2023
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Total Equity Funding
$7 M (USD)
in 1 rounds
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Latest Funding Round
$7 M (USD), Series A
Aug 01, 2019
- Investors
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Employee Count
11
as on Apr 06, 2024
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Funding Insights of Lazypay
Lazypay has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Series A round of $7 million completed in August 2019. 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 Lazypay
Lazypay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PayU.
| Investor | Description | Founded Year | Domain | Location |
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Online payment processing and credit solutions are provided for businesses.
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Investor details for Lazypay
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Investments & Acquisitions by Lazypay
Investment portfolio details for Lazypay
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Financial Statements - Lazypay
Detailed financials for Lazypay
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Lazypay Comparisons
Peer comparison for Lazypay
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Competitors of Lazypay
Lazypay 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 axio, Simpl, ZestMoney, PayJoy and Snapmint, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An online lending platform for point-of-sale financing is provided.
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An online platform for purchase financing is provided by Simpl.
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Online platform offering point-of-sale financing
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Online platform for purchase financing
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No-credit-card EMI solutions for online purchases are provided.
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Detailed competitors of Lazypay
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Latest news on Lazypay
Complete news archive for Lazypay
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Frequently Asked Questions about Lazypay
Lazypay was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Lazypay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Lazypay is a funded company, having raised a total of $7M across 1 funding round to date.
As of Apr 06, 2024, the latest employee count at Lazypay is 11.
Annual revenue of Lazypay is $9.02M as on Mar 31, 2023.
Founded in 2017 and based in Mumbai, India, Lazypay functions within the fintech sector. Buy now pay later services are extended to various online merchants, allowing transactions to be combined into one bill. Flexible repayment terms are available for these consolidated payments. Personal loans are disbursed based on eligibility checks and required documentation, supporting broader digital financial access.
Lazypay has 1 investor. Key investors include PayU.