About Nilfee
Nilfee is a Financial Services company based in New York (United States) founded in 2020. It provides a digital payment platform for international money transfers and merchant payments. It operates on a B2C model. Its Indian entity Nilfee Fintech Private Limited reported revenue of ₹5.1 Lakh. Its focus areas include Fintech, Payment Processing and International Transfers. Its competitors include Intermex and Western Union.
Company details
Nilfee provides a digital payment platform for international money transfers and merchant payments, focusing on offering financial products and advice, fintech, processing payments securely, and international transfers. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters New York, United States
- SectorsFinancial Services
- Website nilfee.com
- Social LinkedIn X Facebook YouTube
- Legal Name Nilfee Fintech Private Limited
- Date of Incorporation 21 Jul, 2023
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹5.1 Lakh
FY 2024
- Indian entity net loss-₹83,357
FY 2024 · -16% margin
- Indian entity EBITDA₹35,304
FY 2024 · 7% margin
Associated legal entities of Nilfee
Nilfee operates through Nilfee 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 |
|---|---|---|---|---|---|---|---|
| Nilfee Fintech Private Limited CIN U62099TN2023PTC162123 | Active | 21 Jul 2023 | Chennai, Tamil Nadu | ₹0.1 Cr | 2 | View details |
Apps and channels of Nilfee
Nilfee publishes 2 mobile apps with over 100 downloads; its YouTube channel Nilfee Payments has 32 subscribers and 30 videos.
Videos from Nilfee
The most watched videos on Nilfee's YouTube channel, Nilfee Payments (32 subscribers). Click a video to play it here.
More on Nilfee Payments.
Board of directors of Nilfee Fintech Private Limited (Nilfee)
Nilfee Fintech Private Limited is the primary company behind Nilfee. The board of Nilfee Fintech Private Limited currently have 2 directors; the longest-serving is Lalithbabu Logeshwarrao, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalithbabu Logeshwarrao DIN 03367325 | Managing Director | 21 Jul 2023 | 3 yrs 3 mo | Nilfee Fintech Private Limited |
| Lakshmipriya Deenadayalan DIN 08528291 | Director | 21 Jul 2023 | 3 yrs 3 mo | Nilfee Fintech Private Limited |
Financials of Nilfee
Figures of Nilfee Fintech Private Limited, the primary company behind Nilfee, for FY 2024. Revenue was ₹5.1 Lakh. Net loss was -₹83,357 (-16% margin). EBITDA was ₹35,304 (7% margin).
- ₹5.1 LakhRevenue · FY 2024
- -₹83,357Net loss · -16% margin
- ₹35,304EBITDA · 7% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Nilfee Fintech Private Limited are on its company page.
Detailed financial statements for Nilfee
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Competitors of Nilfee
Nilfee has 2 listed competitors in our database. They include Intermex and Western Union.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intermexonline.com | 1994 | Miami, United States | Cross-border remittances are enabled for individuals and businesses. | |||
| westernunion.com | 1851 | Denver, United States | 196 | Provider of remittance services |
Detailed competitors of Nilfee
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Nilfee (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Frequently Asked Questions about Nilfee
Nilfee was founded in 2020.
Nilfee is headquartered in New York, United States. It is registered at New York, New York, United States.
The primary company behind Nilfee, Nilfee Fintech Private Limited, reported revenue of ₹5.1 Lakh for FY 2024.
Nilfee provides a digital payment platform for international money transfers and merchant payments, focusing on offering financial products and advice, fintech, processing payments securely, and international transfers. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Nilfee's top competitors include Western Union and Intermex.
Nilfee operates through Nilfee Fintech Private Limited.
The legal entities of Nilfee currently have 2 directors, including Lalithbabu Logeshwarrao, Lakshmipriya Deenadayalan.
Yes. Nilfee publishes Nilfee and 1 more app, with over 100 downloads.