About Payfty
Payfty was a Financial Services company based in London (United Kingdom) founded in 2019. It provides financial services for cryptocurrency transactions. It operates on a B2C model. The company is recorded as dissolved. Its focus areas include Finance, FinTech, Cryptocurrency Services and Payments. Its legal entity in India is Amf Wellness Tech Private Limited (U74140HR2015PTC057100). Its competitors include Luno and Uphold; 2 of its 2 listed competitors have raised funding.
Company details
Payfty, established in 2019 and currently in Dissolved stage, focuses on finance, innovating financial technology, cryptocurrency services, and facilitating payment transactions. Provides financial services for cryptocurrency transactions. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters London, United Kingdom
- SectorsFinancial Services
- Website payfty.com
- Social X
- Legal Name Amf Wellness Tech Private Limited
- Date of Incorporation 27 Oct, 2015
- Jurisdiction Gurgaon, Haryana, India
- Indian entity revenue₹32,020
FY 2020 · +7211% YoY
- Indian entity net loss-₹7.2 Lakh
FY 2020 · -2252% margin
- Indian entity EBITDA-₹7.2 Lakh
FY 2020 · -2240% margin
Associated legal entities of Payfty
Payfty operates through Amf Wellness Tech Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Amf Wellness Tech Private Limited CIN U74140HR2015PTC057100 | Strike Off | 27 Oct 2015 | Gurgaon, Haryana | ₹0.0 Cr | 2 | View details |
Board of directors of Amf Wellness Tech Private Limited (Payfty)
Amf Wellness Tech Private Limited is the primary company behind Payfty. The board of Amf Wellness Tech Private Limited currently have 2 directors; the longest-serving is Parminder Kaul, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Parminder Kaul DIN 02643568 | Director | 30 Jan 2019 | 7 yrs 8 mo | Amf Wellness Tech Private Limited |
| Veer Jee Kaul DIN 03378280 | Director | 30 Jan 2019 | 7 yrs 8 mo | Amf Wellness Tech Private Limited |
Financials of Payfty
Figures of Amf Wellness Tech Private Limited, the primary company behind Payfty, for FY 2020. Revenue was ₹32,020 (+7211% year on year). Net loss was -₹7.2 Lakh (-2252% margin). EBITDA was -₹7.2 Lakh (-2240% margin). Revenue has grown at a compounded annual rate of -50% over three years.
- ₹32,020Revenue · FY 2020 · +7211% YoY
- -₹7.2 LakhNet loss · -2252% margin
- -₹7.2 LakhEBITDA · -2240% margin
- ₹2.4 LakhPaid-up capital
- -50%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Amf Wellness Tech Private Limited are on its company page.
Detailed financial statements for Payfty
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Competitors of Payfty
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| luno.com | 2013 | London, United Kingdom | $13M | 127 | Mobile app for storing and trading cryptocurrencies is utilized. | |
| uphold.com | 2013 | London, United Kingdom | $73.36M | 14 | App-based wallet and exchange platform for cross-border money transfers |
Detailed competitors of Payfty
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Top companies in Cryptocurrencies
3 companies that operate in the same segment as Payfty (Cryptocurrencies) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based platform for exchange and trading solutions for cryptocurrency | 2011 | London, England, United Kingdom | USD 700 M | 1,212 | ||
App-based wallet and exchange platform for cross-border money transfers | 2013 | London, England, United Kingdom | USD 73.36 M | |||
Mobile app for storing and trading cryptocurrencies is utilized. | 2013 | London, England, United Kingdom | USD 13 M |
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Related news about Payfty
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Frequently Asked Questions about Payfty
Payfty was founded in 2019.
Payfty is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
The primary company behind Payfty, Amf Wellness Tech Private Limited, reported revenue of ₹32,020 for FY 2020, up 7211% year on year.
Payfty, established in 2019 and currently in Dissolved stage, focuses on finance, innovating financial technology, cryptocurrency services, and facilitating payment transactions. Provides financial services for cryptocurrency transactions. Adapting to market demands with innovation and client-focused strategies. It continues to evolve, meeting industry challenges with strategic approaches.
Payfty operates through Amf Wellness Tech Private Limited.
The legal entities of Payfty currently have 2 directors, including Parminder Kaul, Veer Jee Kaul.