About Nearex
Nearex is a company based in Singapore (Singapore) founded in 2012. The company has 16 employees as of April 04, 2024. Nearex offers products and services including Xip Platform, XipAPP, XipPOS, XipTAG, and XipUNIPAY. Nearex operates in a competitive market with competitors including Flutterwave, Xendit, Dlocal, Opn and 2C2P, among others.
- Headquarter Singapore, Singapore
- Employees 16 as on 04 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 Nearex Technologies Private Limited
- Date of Incorporation 13 May, 2015
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$708 K (USD)140.69as on Mar 31, 2022
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Net Profit
-$25.15 K (USD)89.53as on Mar 31, 2022
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EBITDA
$81.79 K (USD)140.64as on Mar 31, 2022
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Latest Funding Round
Not available
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Investors
Beenos
& 2 more
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Employee Count
16
as on Apr 04, 2024
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Products & Services of Nearex
Nearex offers a comprehensive portfolio of products and services, including Xip Platform, XipAPP, XipPOS, XipTAG, and XipUNIPAY.
Comprehensive platform for digital payment processing in growth markets.
App for customer interactions in digital payment services.
Device for merchant payment handling and transactions.
Tag for contactless payment solutions in various scenarios.
System for integrated mobile money and bank payments.
Service for managing stored value payment options securely.
Funding Insights of Nearex
Investors in Nearex
Nearex has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Beenos, Tata Capital Growth Fund and Xinvesco.
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Seed-stage tech-focused VC Firm funding companies in Asia, the Middle East and the US
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Growth capital fund sponsored by the Tata group, focusing on investments and portfolio management.
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Investor details for Nearex
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Investments & Acquisitions by Nearex
Investment portfolio details for Nearex
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Financial Statements - Nearex
Detailed financials for Nearex
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- Profit trends
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Nearex Comparisons
Peer comparison for Nearex
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- Named peers
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Competitors of Nearex
Nearex 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 Flutterwave, Xendit, Dlocal, Opn and 2C2P, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of payment processing solutions for businesses
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Online payment and money transfer platform for businesses
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Global payment processing is facilitated for businesses through diverse methods.
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Integrated e-wallet and contactless payment solutions for businesses and consumers
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Payment processing solutions for businesses
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Electronic payments and banking transfers are facilitated for businesses.
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Detailed competitors of Nearex
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Latest news on Nearex
Complete news archive for Nearex
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Frequently Asked Questions about Nearex
Nearex was founded in 2012 and raised its 1st funding round 3 years after it was founded.
Nearex is headquartered in Singapore, Singapore.
As of Apr 04, 2024, the latest employee count at Nearex is 16.
Annual revenue of Nearex is $708K as on Mar 31, 2022.
Nearex was founded in 2012 in Singapore and operates within the payments sector. mPOS solutions are offered to merchants through products such as Xip for mobile micropayments, XipPOS for mobile point-of-sale, XipTag NFC tags, and XipAPPs for Android-based NFC terminals. Various payment methods including NFC, QR, audio, and biometrics are supported. The Xip platform is composed of a closed-loop card system, terminal management, transaction management, and an administration module.
Nearex's top competitors include Flutterwave, Xendit and FOMO Pay.
Nearex offers Xip Platform, XipAPP, XipPOS, XipTAG, and 2 more products and services.
Nearex has 3 investors. Key investors include Beenos, Tata Capital Growth Fund, and Xinvesco.