About PayAgent
PayAgent is a Financial Services company based in Hyderabad (India) founded in 2021. It offers an agent network-enabled payment solution for consumers and businesses. It operates on a B2B model. Its focus areas include Payments, Payment Solutions and Agent Networks. Its competitors include Paymatrix, Komparify, mChek, EG Payment and Payrup and 5 more; 4 of its 10 listed competitors have raised funding.
Company details
PayAgent offers an agent network-enabled payment solution for consumers and businesses, focusing on offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent networks. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Hyderabad, India
- SectorsFinancial Services
- Website payagent.in
- Social Facebook
Associated legal entities of PayAgent
PayAgent is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Brainum Solutions Private Limited CIN U74999TG2022PTC162673 | Active | 14 May 2022 | Hyderabad, Telangana | ₹0.1 Cr | – | 2 | View details |
| Brainum Payments Private Limited CIN U74999TG2022PTC159617 | Active | 11 Feb 2022 | Hyderabad, Telangana | ₹12.8 Cr | – | 2 | View details |
Board of directors of PayAgent
The boards of the 2 registered companies of PayAgent currently have 2 directors; the longest-serving is Burra Naresh Goud, appointed in 2024. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Burra Naresh Goud DIN 10562320 | Director | 04 Nov 2024 | 1 yr 11 mo | Brainum Payments Private Limited, Brainum Solutions Private Limited |
| Eslavath Mallesh Nayak DIN 10641673 | Director | 04 Nov 2024 | 1 yr 11 mo | Brainum Payments Private Limited, Brainum Solutions Private Limited |
Financials of PayAgent
Figures of Brainum Payments Private Limited, the primary company behind PayAgent, for FY 2023. Revenue was ₹12.79 Cr (+1560% year on year). Net profit was ₹10.2 Lakh (1% margin). EBITDA was ₹14.3 Lakh (1% margin).
- ₹12.79 CrRevenue · FY 2023 · +1560% YoY
- ₹10.2 LakhNet profit · 1% margin
- ₹14.3 LakhEBITDA · 1% margin
- ₹10 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Brainum Payments Private Limited are on its company page.
Detailed financial statements for PayAgent
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 PayAgent
PayAgent has 10 listed competitors in our database, 4 of them funded. They include Paymatrix, Komparify, mChek, EG Payment and Payrup, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| paymatrix.in | 2015 | Hyderabad, India | $618,681 | 28 | Rent payments and collections are streamlined via a SaaS platform. | |
| komparify.com | 2011 | Chennai, India | – | – | Provides a platform for comprehensive digital coupon solutions to enhance online shopping. | |
| mchek.com | 2006 | Mumbai, India | $5M | – | Bill payments platform for consumers | |
| egpayment.com | 2021 | Jaipur, India | – | – | Digital platform for mobile recharges, bill payments, and gold investments services. | |
| payrup.com | 2017 | Bengaluru, India | – | 49 | Digital wallet for mobile recharges, utility payments, and travel services. | |
| paulpay.in | 2017 | Chandigarh, India | – | 746 | Provides a mobile app for convenient mobile recharges and bill payments. | |
| autope.in | 2006 | Gurugram, India | – | – | Provides FinTech solutions for smart payments, microfinance, and transaction automation services. | |
| paytmpayments.com | 2009 | Noida, India | – | – | Offers payment gateways, links, and services for online transactions and business payments. | |
| moneyonmobile.store | 2006 | Mumbai, India | $574,332 | 24 | Mobile bill payment platform is offered for recharges and transactions. | |
| niflr.com | 2017 | Bengaluru, India | $680,357 | – | Omnichannel grocery retail is operated through self-checkout stores. |
Detailed competitors of PayAgent
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as PayAgent (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 2.81 B | USD 1.05 B | 39,368 | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | USD 950.07 M | 12,265 | |
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 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Online payment processing and credit solutions are provided for businesses. | 2002 | Amsterdam, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Frequently Asked Questions about PayAgent
PayAgent was founded in 2021.
PayAgent is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
PayAgent offers an agent network-enabled payment solution for consumers and businesses, focusing on offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent networks. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
PayAgent's top competitors include Paymatrix, Komparify and Paytm Payments.
PayAgent is associated with 2 legal entities: Brainum Payments Private Limited, Brainum Solutions Private Limited.
The legal entities of PayAgent currently have 2 directors, including Burra Naresh Goud, Eslavath Mallesh Nayak.