Payments2

Bengaluru, India Founded: 2013 • Age: 13 yrs
Provides comprehensive payment solutions for businesses and transactions.

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.

Key Metrics
  • Annual Revenue
    ₹24,090

    FY 2022 · +81% YoY

  • Net Loss
    -₹62,328

    FY 2022 · -259% margin

  • EBITDA
    -₹84,183

    FY 2022 · -349% margin

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.

DirectorDesignationAppointedTenureEntity
Abhijith Kumar Bharath Shetty
DIN 08517391
Director22 Jul 20197 yrs 2 moRijndlpay Technologies Private Limited
Venkata Siva Prasad Gadamsetty
DIN 08517392
Managing Director22 Jul 20197 yrs 2 moRijndlpay Technologies Private Limited

People of Payments2

2 people are tracked at Payments2 (2 in leadership).

NameRoleGroup
Sekhar Pothuri
Co-FounderLeadership
Hemangi Pathrabe
Co-FounderLeadership
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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.

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Detailed financial statements for Payments2

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
moneygram.com1940Dallas, United States––
Cross-border payments are enabled via wallet solutions for consumers.
chippercash.com2018San Francisco, United States$302.2M–
Cross-border remittances are enabled for individuals through a mobile wallet.
worldremit.com2010London, United Kingdom$623.96M263
Banking channel for cross border money transfers
wave.com1996Lee, United States$326.26M–
Cross-border money transfers are enabled via an app-based wallet.
ripple.com2012San Francisco, United States$352.68M554
Blockchain-based payment network for cross-border transfers is developed.
paysend.com2015Valletta, Malta$226.9M–
Cross-border money transfers are enabled via digital wallet.
taptapsend.com2018London, United Kingdom$78.36M–
Cross-border money transfers are enabled by an app-based digital wallet.
sendwave.com2011Boston, United States$13.8M339
Cross-border money transfers are facilitated through a mobile wallet service.
bkash.com2011Dhaka, Bangladesh$261M–
Mobile financial services and payment system for consumers
you.co2018Singapore$105.5M–
NFC-enabled travel cards and wallets are provided for travelers.
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Detailed similar companies of Payments2

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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Digital payments, financial services, and e-commerce platforms are provided.
2000Noida, Uttar Pradesh, IndiaUSD 4.14 B––
Payment, financial, investment, and lending services are provided digitally.
2012Bengaluru, Karnataka, IndiaUSD 1.71 B––
Payment processing and card issuance solutions are provided for businesses.
2009San Francisco, California, United StatesUSD 9.81 B––
Cloud-based accounts payable and receivable software for businesses
2006Palo Alto, California, United StatesUSD 325.6 MUSD 1.65 B2,360
Payment and business banking solutions are provided for enterprises.
2014Bengaluru, Karnataka, IndiaUSD 742 MUSD 302.19 M2,641
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 5.06 B––
Payment acceptance and processing solutions provider for businesses
2018Gurugram, Haryana, IndiaUSD 604.02 MUSD 179.52 M709
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Online payment processing and credit solutions are provided for businesses.
2002Amsterdam, NetherlandsUSD 35.15 MUSD 5.47 B1,200
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
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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 β‚Ή24,090 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.

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