About Paymadi
Paymadi is a Financial Services company based in Bengaluru (India) founded in 2023. Digital payments platform enabling users to make seamless transactions with credit cards. It operates on a B2C model. Its focus areas include Payments, Digital Wallets and Credit Card Processing. Its legal entity in India is Paymadi Technologies Llp (ACA-2298). Its competitors include CRED, CheQ and Wizi; 2 of its 3 listed competitors have raised funding.
Company details
Paymadi, founded in 2023 in Bengaluru, India, focuses on offering financial products and advice, facilitating payment transactions, offering digital wallets, and credit card processing. Digital payments platform enabling users to make seamless transactions with credit cards. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Bengaluru, India
- SectorsFinancial Services
- Website paymadi.com
- Social X Facebook
- Legal Name Paymadi Technologies Llp
- Date of Incorporation 14 Mar, 2023
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Paymadi
Paymadi operates through Paymadi Technologies Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paymadi Technologies Llp CIN ACA-2298 | Active | 14 Mar 2023 | Bangalore, Karnataka | 2 | View details |
Board of directors of Paymadi Technologies Llp (Paymadi)
Paymadi Technologies Llp is the primary company behind Paymadi. The board of Paymadi Technologies Llp currently have 2 directors; the longest-serving is Fardeen Aslam Mahammad, appointed in 2023. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Fardeen Aslam Mahammad DIN 10387002 | Designated Partner | 14 Mar 2023 | 3 yrs 7 mo | Paymadi Technologies Llp |
| Nabeel Ahmed Kausari DIN 08045485 | Designated Partner | 16 Aug 2024 | 2 yrs 2 mo | Paymadi Technologies Llp |
Competitors of Paymadi
Paymadi has 3 listed competitors in our database, 2 of them funded. They include CRED, CheQ and Wizi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cred.club | 2018 | Bengaluru, India | $1.54B | 897 | CRED is operated as a members-only financial rewards club. | |
| cheq.one | 2021 | Bengaluru, India | $17.79M | 98 | Provider of credit card bill payment and rewards platform | |
| wizi.app | 2019 | Chennai, India | 29 | App-based platform for credit card bill payments |
Detailed competitors of Paymadi
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Paymadi (Payments & Remittance Platforms) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Frequently Asked Questions about Paymadi
Paymadi was founded in 2023.
Paymadi is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Paymadi, founded in 2023 in Bengaluru, India, focuses on offering financial products and advice, facilitating payment transactions, offering digital wallets, and credit card processing. Digital payments platform enabling users to make seamless transactions with credit cards. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Paymadi operates through Paymadi Technologies Llp.
The legal entities of Paymadi currently have 2 directors, including Fardeen Aslam Mahammad, Nabeel Ahmed Kausari.