About MasterPay
MasterPay is a company based in Rajkot (India) founded in 2017 by Baraka Makenge. The company has 55 employees as of March 28, 2024. MasterPay offers products and services including Cash Management Services, Mobile Recharge, Utility Bills Payment, Vendor Payment, and Bus Ticket Booking. MasterPay operates in a competitive market with competitors including Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.
- Headquarter Rajkot, India
- Employees 55 as on 28 Mar, 2024
- Founders Baraka Makenge
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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 Champion Software Technologies Limited
- Date of Incorporation 10 Dec, 2013
- Jurisdiction Rajkot, Gujarat, India
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Annual Revenue
$13.67 M (USD)-17.6as on Mar 31, 2023
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Net Profit
$92.8 K (USD)-43.36as on Mar 31, 2023
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EBITDA
$187.45 K (USD)-58.67as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
55
as on Mar 28, 2024
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Products & Services of MasterPay
MasterPay offers a comprehensive portfolio of products and services, including Cash Management Services, Mobile Recharge, Utility Bills Payment, Vendor Payment, and Bus Ticket Booking.
Platform for cash collection and e-commerce drops services.
Service to recharge mobiles and DTH across operators.
System for paying electricity, gas, and water bills easily.
Tool to process and manage business vendor payments securely.
Platform for booking bus tickets with various operators.
Service for booking flights at competitive rates.
Platform to sell products as a vendor online.
Offering for general insurance plans to customers.
Funding Insights of MasterPay
Detailed funding history for MasterPay
Round names, dates, amounts, investors, and valuation history require an active premium plan.
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Investments & Acquisitions by MasterPay
Investment portfolio details for MasterPay
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Financial Statements - MasterPay
Detailed financials for MasterPay
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Masterpay Comparisons
Peer comparison for MasterPay
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Competitors of MasterPay
MasterPay 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 Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.
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Loans for consumers and SMEs are provided alongside financial services.
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Digital financial and retail services are provided via agent networks.
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Provider of financial technology solutions for inclusive lending
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Digital payment and banking service provider in rural areas
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Digital payment and banking services are facilitated via retail partnerships.
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Tech-enabled financial and e-commerce services are delivered via retail outlets.
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Detailed competitors of MasterPay
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Masterpay
Complete news archive for MasterPay
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Frequently Asked Questions about MasterPay
MasterPay was founded in 2017.
MasterPay is headquartered in Rajkot, India. It is registered at Rajkot, Gujarat, India.
Marcos Vinicius Da Silva Sandes is the current CEO of MasterPay.
As of Mar 28, 2024, the latest employee count at MasterPay is 55.
Annual revenue of MasterPay is $13.67M as on Mar 31, 2023.
MasterPay was founded in 2017 in Rajkot, India, within the fintech sector. An app-based platform is operated to support businesses in offering digital services, including mobile and DTH recharges, utility bill payments, cash management, AEPS transactions, money transfers, and travel ticket bookings. The Android-exclusive application enables these operations across various customer needs.
MasterPay's top competitors include Pay Point India, Spice Money and Kaleidofin.
MasterPay offers Cash Management Services, Mobile Recharge, Utility Bills Payment, Vendor Payment, and 4 more products and services.