About Paysay
Paysay was a Financial Services company based in Bengaluru (India) by Anshum Verma. It operates as a functions as a social payment app for easy transactions. It operates on a B2C model. Its Indian entity Cheripo Tech Solutions Private Limited reported revenue of ₹2.1 Lakh. The company is recorded as dissolved. Its focus areas include Payments, Social Payments and Mobile Apps. Its competitors include SuperSplit, ShareExpense, Splitify, Contricenter and CashCo and 3 more; 1 of its 8 listed competitors has raised funding.
Company details
Paysay, based in Bengaluru, focuses on offering financial products and advice, facilitating payment transactions, social payments, and mobile apps. Functions as a social payment app for easy transactions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Anshum Verma
- SectorsFinancial Services
- Website paysay.me
- Legal Name Cheripo Tech Solutions Private Limited
- Date of Incorporation 09 Oct, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.1 Lakh
FY 2016
- Net Loss-₹4,664
FY 2016 · -2% margin
- EBITDA-₹1.3 Lakh
FY 2016 · -63% margin
Associated legal entities of Paysay
Paysay operates through Cheripo Tech Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2016) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cheripo Tech Solutions Private Limited CIN U72900KA2015PTC083295 | Active | 09 Oct 2015 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Board of directors of Cheripo Tech Solutions Private Limited (Paysay)
Cheripo Tech Solutions Private Limited is the primary company behind Paysay. The board of Cheripo Tech Solutions Private Limited currently have 2 directors; the longest-serving is Anshum Verma, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anshum Verma DIN 07090341 | Director | 09 Oct 2015 | 11 yrs | Cheripo Tech Solutions Private Limited |
| Deepak Muthadathukizhakku Appukuttan Nair DIN 02567237 | Director | 09 Oct 2015 | 11 yrs | Cheripo Tech Solutions Private Limited |
People of Paysay
1 people are tracked at Paysay (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership |
Complete people profiles for Paysay
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- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Paysay
Figures of Cheripo Tech Solutions Private Limited, the primary company behind Paysay, for FY 2016. Revenue was ₹2.1 Lakh. Net loss was -₹4,664 (-2% margin). EBITDA was -₹1.3 Lakh (-63% margin).
- ₹2.1 LakhRevenue · FY 2016
- -₹4,664Net loss · -2% margin
- -₹1.3 LakhEBITDA · -63% margin
- ₹2.5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Cheripo Tech Solutions Private Limited are on its company page.
Detailed financial statements for Paysay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Competitors of Paysay
Paysay has 8 listed competitors in our database, 1 of them funded. They include SuperSplit, ShareExpense, Splitify, Contricenter and CashCo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| supersplit.in | 2015 | Bengaluru, India | $2.47M | 177 | Provides an app-based platform for group expense sharing and bill splitting. | |
| shareexpense.in | 2014 | Vadodara, India | – | 62 | Expense tracking and splitting app | |
| splitifyapp.com | 2017 | Bengaluru, India | – | 21 | Online platform providing solutions to manage shared expenses | |
| contricenter.com | 2014 | Indore, India | – | 62 | A mobile app for managing and settling group expenses efficiently. | |
| mycashco.com | 2015 | Mumbai, India | – | – | Facilitates cash offers for home buying prior to selling current home. | |
| pennysplit.com | 2016 | Kanpur, India | – | – | A versatile platform designed for splitting and managing group expenses efficiently. | |
| knowdues.com | 2015 | Delhi, India | – | – | A mobile app designed for easy expense sharing among users. | |
| grinions.com | 2016 | Bengaluru, India | – | – | A user-friendly app for group collections and payments, streamlining financial transactions. |
Detailed competitors of Paysay
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- Full competitor set
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Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as Paysay (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore, Singapore | USD 10.38 B | USD 3.37 B | 57,733 | |
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 processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | 16,622 | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
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, North Holland, Netherlands | USD 35.15 M | USD 5.47 B | 3,355 |
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Frequently Asked Questions about Paysay
Paysay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Paysay, Cheripo Tech Solutions Private Limited, reported revenue of ₹2.1 Lakh for FY 2016.
Paysay, based in Bengaluru, focuses on offering financial products and advice, facilitating payment transactions, social payments, and mobile apps. Functions as a social payment app for easy transactions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Paysay's top competitors include SuperSplit, ShareExpense and Splitify.
Paysay operates through Cheripo Tech Solutions Private Limited.
The legal entities of Paysay currently have 2 directors, including Anshum Verma, Deepak Muthadathukizhakku Appukuttan Nair.