
About Payments2
Payments2 was a Financial Services company based in Bengaluru (India) founded in 2013 by Sekhar Pothuri and Hemangi Pathrabe. It provides comprehensive payment solutions for businesses and transactions. It operates on a B2B model. The company is recorded as dissolved. Its focus areas include Payments, Payment Processing and Solutions Provider. Its legal entity in India is Rijndlpay Technologies Private Limited (U72900KA2019PTC126446). Similar companies include MoneyGram, Chipper Cash, WorldRemit, Wave Systems and Ripple and 5 more; 9 of its 10 listed similar companies have raised funding.
Company details
Payments2 provides comprehensive payment solutions for businesses and transactions through offering financial products and advice, facilitating payment transactions, processing payments securely, and solutions provider. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Sekhar Pothuri, Hemangi Pathrabe
- SectorsFinancial Services
- Website payments2.com
- Legal Name Rijndlpay Technologies Private Limited
- Date of Incorporation 22 Jul, 2019
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹24,090
FY 2022 · +81% YoY
- Net Loss-₹62,328
FY 2022 · -259% margin
- EBITDA-₹84,183
FY 2022 · -349% margin
Associated legal entities of Payments2
Payments2 operates through Rijndlpay Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rijndlpay Technologies Private Limited CIN U72900KA2019PTC126446 | Active | 22 Jul 2019 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Board of directors of Rijndlpay Technologies Private Limited (Payments2)
Rijndlpay Technologies Private Limited is the primary company behind Payments2. The board of Rijndlpay Technologies Private Limited currently have 2 directors; the longest-serving is Abhijith Kumar Bharath Shetty, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhijith Kumar Bharath Shetty DIN 08517391 | Director | 22 Jul 2019 | 7 yrs 2 mo | Rijndlpay Technologies Private Limited |
| Venkata Siva Prasad Gadamsetty DIN 08517392 | Managing Director | 22 Jul 2019 | 7 yrs 2 mo | Rijndlpay Technologies Private Limited |
People of Payments2
2 people are tracked at Payments2 (2 in leadership).
| Name | Role | Group |
|---|---|---|
Sekhar Pothuri | Co-Founder | Leadership |
Hemangi Pathrabe | Co-Founder | Leadership |
Complete people profiles for Payments2
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Payments2
Figures of Rijndlpay Technologies Private Limited, the primary company behind Payments2, for FY 2022. Revenue was ₹24,090 (+81% year on year). Net loss was -₹62,328 (-259% margin). EBITDA was -₹84,183 (-349% margin).
- ₹24,090Revenue · FY 2022 · +81% YoY
- -₹62,328Net loss · -259% margin
- -₹84,183EBITDA · -349% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Rijndlpay Technologies Private Limited are on its company page.
Detailed financial statements for Payments2
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.
Similar companies to Payments2
Payments2 has 10 listed similar companies in our database, 9 of them funded. They include MoneyGram, Chipper Cash, WorldRemit, Wave Systems and Ripple, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| chippercash.com | 2018 | San Francisco, United States | $302.2M | – | Cross-border remittances are enabled for individuals through a mobile wallet. | |
| worldremit.com | 2010 | London, United Kingdom | $623.96M | 263 | Banking channel for cross border money transfers | |
| wave.com | 1996 | Lee, United States | $326.26M | – | Cross-border money transfers are enabled via an app-based wallet. | |
| ripple.com | 2012 | San Francisco, United States | $352.68M | 554 | Blockchain-based payment network for cross-border transfers is developed. | |
| paysend.com | 2015 | Valletta, Malta | $226.9M | – | Cross-border money transfers are enabled via digital wallet. | |
| taptapsend.com | 2018 | London, United Kingdom | $78.36M | – | Cross-border money transfers are enabled by an app-based digital wallet. | |
| sendwave.com | 2011 | Boston, United States | $13.8M | 339 | Cross-border money transfers are facilitated through a mobile wallet service. | |
| bkash.com | 2011 | Dhaka, Bangladesh | $261M | – | Mobile financial services and payment system for consumers | |
| you.co | 2018 | Singapore | $105.5M | – | NFC-enabled travel cards and wallets are provided for travelers. |
Detailed similar companies of Payments2
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 Payments2 (Payments & Remittance Platforms), 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 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.06 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
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, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track β from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Payments2
Payments2 was founded in 2013.
Payments2 is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Payments2, Rijndlpay Technologies Private Limited, reported revenue of βΉ24,090 for FY 2022, up 81% year on year.
Payments2 provides comprehensive payment solutions for businesses and transactions through offering financial products and advice, facilitating payment transactions, processing payments securely, and solutions provider. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Payments2's top competitors include Chipper Cash, Taptap Send and WorldRemit.
Payments2 operates through Rijndlpay Technologies Private Limited.
The legal entities of Payments2 currently have 2 directors, including Abhijith Kumar Bharath Shetty, Venkata Siva Prasad Gadamsetty.