About PaySwift Technology
PaySwift Technology is a company based in Kolkata (India) founded in 2017. It operates as a B2B. PaySwift Technology operates in a competitive market with competitors including Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.
- Headquarter Kolkata, India
- SectorsFinancial Services
- Website payswift.in
- Social X Facebook
- Legal Name Payswift Technology Private Limited
- Date of Incorporation 27 May, 2019
- Jurisdiction Kolkata, West Bengal, India
- Annual Revenue₹2.23 Cr
FY 2022 · +73% YoY
- Net Profit₹7.1 Lakh
FY 2022 · 3% margin
- EBITDA₹10.2 Lakh
FY 2022 · 5% margin
Associated legal entities of PaySwift Technology
PaySwift Technology operates through Payswift Technology 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 |
|---|---|---|---|---|---|---|---|
| Payswift Technology Private Limited CIN U72900WB2019PTC232104 | Active | 27 May 2019 | Kolkata, West Bengal | ₹2.2 Cr | – | 2 | View details |
Board of directors of Payswift Technology Private Limited (PaySwift Technology)
Payswift Technology Private Limited is the primary company behind PaySwift Technology. The board of Payswift Technology Private Limited currently have 2 directors; the longest-serving is Sheuli Biswas, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sheuli Biswas DIN 08463325 | Director | 27 May 2019 | 7 yrs 4 mo | Payswift Technology Private Limited |
| Subhendu Biswas DIN 08070979 | Director | 27 May 2019 | 7 yrs 4 mo | Payswift Technology Private Limited |
Financials of PaySwift Technology
Figures of Payswift Technology Private Limited, the primary company behind PaySwift Technology, for FY 2022. Revenue was ₹2.23 Cr (+73% year on year). Net profit was ₹7.1 Lakh (3% margin). EBITDA was ₹10.2 Lakh (5% margin).
- ₹2.23 CrRevenue · FY 2022 · +73% YoY
- ₹7.1 LakhNet profit · 3% margin
- ₹10.2 LakhEBITDA · 5% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Payswift Technology Private Limited are on its company page.
Detailed financial statements for PaySwift Technology
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Competitors of PaySwift Technology
PaySwift Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dvara KGFS, Pay Point India, Kaleidofin, Spice Money and PayNearby, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas | |
| paynearby.in | 2016 | Mumbai, India | $3.95M | 837 | Digital payment and banking services are facilitated via retail partnerships. | |
| suvidhaa.com | 2007 | Mumbai, India | $37.8M | 15 | Tech-enabled financial and e-commerce services are delivered via retail outlets. | |
| subk.co.in | 2010 | Hyderabad, India | $22.51M | 1,738 | Provider of digital financial services for underserved populations | |
| finqy.ai | 2019 | Mumbai, India | $3.5M | 251 | Technology platform for financial product distribution is provided. |
Detailed competitors of PaySwift Technology
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Verified entity values are shown only after access is granted.
Similar companies to PaySwift Technology
10 companies that operate in the same segment as PaySwift Technology (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 3.21 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 |
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Frequently Asked Questions about PaySwift Technology
PaySwift Technology was founded in 2017.
PaySwift Technology is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
The primary company behind PaySwift Technology, Payswift Technology Private Limited, reported revenue of ₹2.23 Cr for FY 2022, up 73% year on year.
PaySwift Technology, founded in 2017 in Kolkata, India, focuses on offering financial products and advice, facilitating payment transactions, merchant solutions, and agent-based systems. Delivers agent-based payment solutions for merchants and businesses. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
PaySwift Technology's top competitors include Pay Point India, Spice Money and Kaleidofin.
PaySwift Technology operates through Payswift Technology Private Limited.
The legal entities of PaySwift Technology currently have 2 directors, including Sheuli Biswas, Subhendu Biswas.