About PayCardo
PayCardo is a company based in Pune (India) founded in 2021 by Vivek Kumar Choubey and Vivek Kumar. PayCardo has raised $98.15 thousand across 2 funding rounds from investors including MaGEHold. The company has 1 employees as of March 29, 2024. PayCardo operates in a competitive market with competitors including Borderless Prepaid, BuyForexOnline, Venlo and Forex-Kart, among others.
- Headquarter Pune, India
- Employees 1 as on 29 Mar, 2024
- Founders Vivek Kumar Choubey, Vivek Kumar
- Stage Minicorn
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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 Paycardo Private Limited
- Date of Incorporation 16 Jan, 2021
- Jurisdiction Hinjewadi, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
-$28.95 K (USD)0as on Mar 31, 2022
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EBITDA
-$27.71 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$98.15 K (USD)
in 2 rounds
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Latest Funding Round
$58.33 K (USD), Seed
Jun 30, 2022
- Investors
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Employee Count
1
as on Mar 29, 2024
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Funding Insights of PayCardo
PayCardo has successfully raised a total of $98.15K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $58.33 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in PayCardo
PayCardo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MaGEHold.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are invested in by MaGEHold venture capital firm.
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Investor details for PayCardo
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Investments & Acquisitions by PayCardo
Investment portfolio details for PayCardo
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Financial Statements - PayCardo
Detailed financials for PayCardo
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Paycardo Comparisons
Peer comparison for PayCardo
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Competitors of PayCardo
PayCardo 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 Borderless Prepaid, BuyForexOnline, Venlo and Forex-Kart, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Provides prepaid travel cards and app for card registration and management.
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Operates a digital platform for forex prepaid cards and purchases.
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Offers prepaid travel cards for consumers and businesses.
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Provides a multicurrency travel card for convenient international transactions.
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Detailed competitors of PayCardo
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Latest news on Paycardo
Complete news archive for PayCardo
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Frequently Asked Questions about PayCardo
PayCardo was founded in 2021.
PayCardo is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Vivek Kumar Choubey is the current CEO of PayCardo. They have also founded this company.
PayCardo is a funded company, having raised a total of $98.15K across 2 funding rounds to date.
As of Mar 29, 2024, the latest employee count at PayCardo is 1.
Founded in 2021 and based in Pune, India, PayCardo operates in the fintech sector by offering smart travel cards to individuals. RFID-based cards enable payments with live transaction tracking. Instant SMS and email notifications are sent to registered mobile numbers and addresses upon completion of transactions. Operations focus on secure, contactless payment solutions for travelers.
PayCardo's top competitors include BuyForexOnline, Forex-Kart and Venlo.
PayCardo has 1 investor. Key investors include MaGEHold.
The valuation of PayCardo is $2.87M as of Jun 2022.