About Net paisa
Net paisa is a Financial Services company based in Noida (India) founded in 2017 by Khwaab Bansal and Rinki Singh. Agent-based payment and correspondent banking solutions are provided. The company has 22 employees. Its chief executive, as recorded, is Rinki Singh. Its Indian entity Risein Tech Private Limited reported revenue of ₹12.1 Lakh. Net paisa offers products and services including Payment Solution, Money Transfer, Lending Solution, and Insurance Services. Its focus areas include FinTech, Payments, Business Payments and Agent Based Payments. Its competitors include Dvara KGFS, Kaleidofin and Spice Money; 3 of its 3 listed competitors have raised funding.
Company details
Net paisa was founded in 2017 and is headquartered in Noida, India. Operations focus on the fintech sector, where agent-based payment and correspondent banking services are delivered. Key offerings include AEPS transactions, money transfers, cash deposits and withdrawals, mobile recharges, bill payments, DTH recharges, BBPS integrations, and travel reservations. A SaaS platform is utilized to aggregate various financial services, with the application accessible on the Android platform.
- Headquarters Noida, India
- Employees 22
- Founders Khwaab Bansal, Rinki Singh
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website netpaisa.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Risein Tech Private Limited
- Date of Incorporation 20 Feb, 2012
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹12.1 Lakh
FY 2024 · -83% YoY
- Net Loss-₹2.12 Cr
FY 2024 · -1749% margin
- EBITDA-₹2.00 Cr
FY 2024 · -1645% margin
- Employee Count22
Associated legal entities of Net paisa
Net paisa operates through Risein Tech 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 |
|---|---|---|---|---|---|---|---|
| Risein Tech Private Limited CIN U72900TN2012PTC084548 | Active | 20 Feb 2012 | Chennai, Tamil Nadu | ₹0.1 Cr | 22 | 3 | View details |
Products & Services of Net paisa
Net paisa offers a comprehensive portfolio of products and services, including Payment Solution, Money Transfer, Lending Solution, and Insurance Services.
Facilitates digital payments and transactions for users and businesses.
Enables secure domestic money transfers across India.
Offers loan applications and approvals through digital channels.
Provides motor, medical, and term insurance options online.
Apps and channels of Net paisa
its YouTube channel FINANCIAL HUB has 35 subscribers.
Board of directors of Risein Tech Private Limited (Net paisa)
Risein Tech Private Limited is the primary company behind Net paisa. The board of Risein Tech Private Limited currently have 3 directors; the longest-serving is Rohit Ranjan, appointed in 2012. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Ranjan DIN 05199744 | Director | 20 Feb 2012 | 14 yrs 8 mo | Risein Tech Private Limited |
| Rinki Kumari Singh DIN 05199577 | Director | 20 Feb 2012 | 14 yrs 8 mo | Risein Tech Private Limited |
| Khwaab Bansal DIN 05146037 | Director | 27 Feb 2023 | 3 yrs 8 mo | Risein Tech Private Limited |
People of Net paisa
2 people are tracked at Net paisa (2 in leadership); the tracked headcount is 22.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Net paisa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Net paisa
Figures of Risein Tech Private Limited, the primary company behind Net paisa, for FY 2024. Revenue was ₹12.1 Lakh (-83% year on year). Net loss was -₹2.12 Cr (-1749% margin). EBITDA was -₹2.00 Cr (-1645% margin). Revenue has grown at a compounded annual rate of -73% over three years and +99% over five years.
- ₹12.1 LakhRevenue · FY 2024 · -83% YoY
- -₹2.12 CrNet loss · -1749% margin
- -₹2.00 CrEBITDA · -1645% margin
- ₹1.3 LakhPaid-up capital
- 22Employees (provident fund records)
- -73%Revenue CAGR, 3 years
- +99%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Risein Tech Private Limited are on its company page.
Detailed financial statements for Net paisa
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Net paisa
Net paisa has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Kaleidofin and Spice Money.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas |
Detailed competitors of Net paisa
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Net paisa
Net paisa was founded in 2017.
Net paisa is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Rinki Singh is the CEO of Net paisa, as recorded in our data. They have also founded this company.
Net paisa has 22 employees.
The primary company behind Net paisa, Risein Tech Private Limited, reported revenue of ₹12.1 Lakh for FY 2024, down 83% year on year.
Net paisa was founded in 2017 and is headquartered in Noida, India. Operations focus on the fintech sector, where agent-based payment and correspondent banking services are delivered. Key offerings include AEPS transactions, money transfers, cash deposits and withdrawals, mobile recharges, bill payments, DTH recharges, BBPS integrations, and travel reservations. A SaaS platform is utilized to aggregate various financial services, with the application accessible on the Android platform.
Net paisa's top competitors include Spice Money, Kaleidofin and Dvara KGFS.
Net paisa offers Payment Solution, Money Transfer, Lending Solution, and Insurance Services.
Net paisa operates through Risein Tech Private Limited.
The legal entities of Net paisa currently have 3 directors, including Rohit Ranjan, Khwaab Bansal, Rinki Kumari Singh.