About MargPay
MargPay is a Financial Services company based in Delhi (India) founded in 2020. It provides secure payment gateway and reconciliation solutions for businesses. It operates on a B2B model. The company has 3 employees. Its Indian entity Marg Fintech Private Limited reported revenue of ₹97.2 Lakh. Its focus areas include FinTech, Payment Solutions and Gateway and Reconciliation. Its competitors include Cashinvoice, Nupay and numberz; 3 of its 3 listed competitors have raised funding.
Company details
MargPay operates with a B2B model, focusing on offering financial products and advice, innovating financial technology, providing payment solutions, and gateway and reconciliation. Provides secure payment gateway and reconciliation solutions for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Delhi, India
- Employees 3
- SectorsFinancial Services
- Website margpay.com
- Social X Facebook
- Legal Name Marg Fintech Private Limited
- Date of Incorporation 18 Oct, 2019
- Jurisdiction Delhi, India
- Annual Revenue₹97.2 Lakh
FY 2024 · -6% YoY
- Net Profit₹44.5 Lakh
FY 2024 · 46% margin
- EBITDA₹60.4 Lakh
FY 2024 · 62% margin
- Employee Count3
Associated legal entities of MargPay
MargPay operates through Marg Fintech 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 |
|---|---|---|---|---|---|---|---|
| Marg Fintech Private Limited CIN U74999DL2019PTC356408 | Active | 18 Oct 2019 | Delhi, Delhi | ₹1.0 Cr | 3 | 6 | View details |
Board of directors of Marg Fintech Private Limited (MargPay)
Marg Fintech Private Limited is the primary company behind MargPay. The board of Marg Fintech Private Limited currently have 6 directors; the longest-serving is Mahender Singh, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahender Singh DIN 00408111 | Director | 18 Oct 2019 | 7 yrs | Marg Fintech Private Limited |
| Sudhir Singh DIN 00408079 | Director | 18 Oct 2019 | 7 yrs | Marg Fintech Private Limited |
| Anup Singh DIN 00408029 | Managing Director | 18 Oct 2019 | 7 yrs | Marg Fintech Private Limited |
| Shubhankar Tarlok Sharma DIN 11053298 | Nominee Director | 22 Jul 2025 | 1 yr 3 mo | Marg Fintech Private Limited |
| Mohit Jain DIN 10446777 | Nominee Director | 22 Jul 2025 | 1 yr 3 mo | Marg Fintech Private Limited |
| Ajay Mahajan DIN 03523212 | CFO | 30 Jan 2026 | 9 mo | Marg Fintech Private Limited |
Financials of MargPay
Figures of Marg Fintech Private Limited, the primary company behind MargPay, for FY 2024. Revenue was ₹97.2 Lakh (-6% year on year). Net profit was ₹44.5 Lakh (46% margin). EBITDA was ₹60.4 Lakh (62% margin). Revenue has grown at a compounded annual rate of -2% over three years.
- ₹97.2 LakhRevenue · FY 2024 · -6% YoY
- ₹44.5 LakhNet profit · 46% margin
- ₹60.4 LakhEBITDA · 62% margin
- ₹20.00 CrPaid-up capital
- 3Employees (provident fund records)
- -2%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Marg Fintech Private Limited are on its company page.
Detailed financial statements for MargPay
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Competitors of MargPay
MargPay has 3 listed competitors in our database, 3 of them funded. They include Cashinvoice, Nupay and numberz.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cashinvoice.in | 2018 | Mumbai, India | $6.64M | 91 | Online platform offering cash flow automation and business loans | |
| nupay.co.in | 2018 | Gurugram, India | $845,325 | 21 | API infrastructure for banking, payments, lending, and reconciliation is provided. | |
| numberz.co | 2015 | Gurugram, India | $5.17M | 32 | Solutions for accounts receivable tracking and collections are provided. |
Detailed competitors of MargPay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of MargPay
The website of MargPay (margpay.com) receives about 5.8K visits a month.
- Monthly visits5.8K
▲ 131.5% vs previous month
Websites whose visitors overlap most with MargPay. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
pgnpropertymanagement.in | pgnpropertymanagement.in | 100% | #2,247,421 | – |
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as MargPay (Payments & Remittance Platforms) in India, 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 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Related news about Margpay
Complete news archive for MargPay
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Frequently Asked Questions about MargPay
MargPay was founded in 2020.
MargPay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
MargPay has 3 employees.
The primary company behind MargPay, Marg Fintech Private Limited, reported revenue of ₹97.2 Lakh for FY 2024, down 6% year on year.
MargPay operates with a B2B model, focusing on offering financial products and advice, innovating financial technology, providing payment solutions, and gateway and reconciliation. Provides secure payment gateway and reconciliation solutions for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
MargPay's top competitors include Cashinvoice, numberz and Nupay.
MargPay operates through Marg Fintech Private Limited.
The legal entities of MargPay currently have 6 directors, including Mahender Singh, Sudhir Singh, Anup Singh and others.