Mopay

Bengaluru, India Founded: 2013 • Age: 13 yrs
Wallet-enabled money transfers and bill payments are facilitated.
Annual revenue $3.4M Latest available
Total funding - Funding intelligence
Employees 137 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Mopay

Mopay is a company based in Bengaluru (India) founded in 2013 by Amarnath Chowdary and Amit Darda. The company has 137 employees as of April 03, 2024. Mopay offers products and services including Central Mobile Payment Switch, Clearing Unit, and Settlement Integration. Mopay operates in a competitive market with competitors including Paytm, PhonePe, MobiKwik, FreeCharge and MoneyGram, among others.

  • Headquarter Bengaluru, India
  • Employees 137 as on 03 Apr, 2024
  • Founders Amarnath Chowdary, Amit Darda
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Modefinserver Private Limited
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $3.37 M (USD)
    7.22
    as on Mar 31, 2023
  • Net Profit
    -$1.41 M (USD)
    -378.64
    as on Mar 31, 2023
  • EBITDA
    -$1.2 M (USD)
    -418.24
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    137

    as on Apr 03, 2024

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Products & Services of Mopay

Mopay offers a comprehensive portfolio of products and services, including Central Mobile Payment Switch, Clearing Unit, and Settlement Integration.

Product name locked
Category locked
Primary

Real-time switch for interbank and mobile transactions processing.

Product name locked
Category locked
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Subsystem for collecting charges on transactions and subscriptions.

Product name locked
Category locked
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Manages virtual accounts and settles payments with central banks.

Funding Insights of Mopay

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Detailed funding history for Mopay

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Investments & Acquisitions by Mopay

Investments
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Investment portfolio details for Mopay

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Financial Statements - Mopay

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Detailed financials for Mopay

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Mopay Comparisons

Mopay Primary company
Description
Wallet-enabled money transfers and bill payments are facilit...
Location
Bengaluru, India
Founded Year
2013
Annual Revenue
$3.37 M (USD)
Net Profit
-$1.41 M (USD)
EBITDA
-$1.2 M (USD)
Employees
137
As of 2024
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Peer comparison for Mopay

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Competitors of Mopay

Mopay 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 Paytm, PhonePe, MobiKwik, FreeCharge and MoneyGram, among others.

Company Name Domain Founded year HQ Location Description
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Digital payments, financial services, and e-commerce platforms are provided.
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Payment, financial, investment, and lending services are provided digitally.
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Operator of platform for online mobile, DTH recharge, and bill payments
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Digital wallet services for bill payments and recharges are facilitated.
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Cross-border payments are enabled via wallet solutions for consumers.
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Wallet-based payment solutions are provided for consumers and businesses.
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Detailed competitors of Mopay

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Latest news on Mopay

mopay introduces one-click mobile payments in Germany
Electronicpaymentsinternational13 years ago
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Complete news archive for Mopay

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Frequently Asked Questions about Mopay

Mopay was founded in 2013.

Mopay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Amit Darda is the current CEO of Mopay. They have also founded this company.

As of Apr 03, 2024, the latest employee count at Mopay is 137.

Annual revenue of Mopay is $3.37M as on Mar 31, 2023.

Mopay was established in 2013 in Bengaluru, India, within the fintech sector. Digital wallet services are provided to support money transfers and bill payments. Operations are centered on enabling secure financial transactions for users. The company is directed by co-founders Amarnath Chowdary, serving as Managing Director, and Amit Darda, acting as CEO. Focus remains on practical solutions for everyday financial needs in the region.

Mopay's top competitors include Paytm, PhonePe and MobiKwik.

Mopay offers Central Mobile Payment Switch, Clearing Unit, and Settlement Integration.

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