About Paysay
Paysay was a Financial Services company based in Bengaluru (India) by Anshum Verma. 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 and Splitify; 1 of its 3 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
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 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
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Paysay
Paysay has 3 listed competitors in our database, 1 of them funded. They include SuperSplit, ShareExpense and Splitify.
| 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 |
Detailed competitors of Paysay
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
3 companies that operate in the same segment as Paysay (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 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — 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 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.