Paytel

Noida, India Founded: 2020 • Age: 6 yrs
End-to-end payment solutions are provided for banks and fintech platforms.

About Paytel

Paytel is a Financial Services company based in Noida (India) founded in 2020. End-to-end payment solutions are provided for banks and fintech platforms. The company has 15 employees. Its chief executive, as recorded, is Arjun Vashisht. Its Indian entity Paytel Financial Technologies Private Limited reported revenue of β‚Ή3.16 Cr. Its focus areas include FinTech, Payments, Enablers and Open Banking APIs. Its competitors include M2P Fintech, Falcon and NeoKred; 3 of its 3 listed competitors have raised funding.

Company details

Paytel was founded in 2020 and is headquartered in Noida, India. End-to-end payment solutions and services are delivered through a unified open API ecosystem tailored for banks, fintech firms, and digital platforms. Operations focus on payment processing, banking integrations, and verification technologies within the financial services sector. The company supports seamless connectivity and innovation in digital transactions across these entities.

Key Metrics
  • Annual Revenue
    ₹3.16 Cr

    FY 2024 · -8% YoY

  • Net Loss
    -₹1.03 Cr

    FY 2024 · -32% margin

  • EBITDA
    -₹89.8 Lakh

    FY 2024 · -28% margin

  • Employee Count
    15

Board of directors of Paytel Financial Technologies Private Limited (Paytel)

Paytel Financial Technologies Private Limited is the primary company behind Paytel. The board of Paytel Financial Technologies Private Limited currently have 2 directors; the longest-serving is Arjun Vashisht, appointed in 2020. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Arjun Vashisht
DIN 08446054
Managing Director05 Aug 20206 yrs 2 moPaytel Financial Technologies Private Limited
Shalin Anand
DIN 08504309
Additional Director02 Apr 20251 yr 6 moPaytel Financial Technologies Private Limited

People of Paytel

1 people are tracked at Paytel (1 in leadership); the tracked headcount is 15.

NameRoleGroup
CEO & DirectorLeadership
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Financials of Paytel

Figures of Paytel Financial Technologies Private Limited, the primary company behind Paytel, for FY 2024. Revenue was ₹3.16 Cr (-8% year on year). Net loss was -₹1.03 Cr (-32% margin). EBITDA was -₹89.8 Lakh (-28% margin). Revenue has grown at a compounded annual rate of +80% over three years.

  • ₹3.16 CrRevenue · FY 2024 · -8% YoY
  • -₹1.03 CrNet loss · -32% margin
  • -₹89.8 LakhEBITDA · -28% margin
  • ₹9.21 CrPaid-up capital
  • 15Employees (provident fund records)
  • +80%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Paytel Financial Technologies Private Limited are on its company page.

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Detailed financial statements for Paytel

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Competitors of Paytel

Paytel has 3 listed competitors in our database, 3 of them funded. They include M2P Fintech, Falcon and NeoKred.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
m2pfintech.com2014Chennai, India$187.79M1,144
Banking, lending, and payment solutions are provided via custom APIs.
falconfs.com2012Gurugram, India$9.2M78
A cloud-native platform is provided for next-generation financial products.
neokred.tech2019Bengaluru, India$1.13M101
Provider of open banking and payment infrastructure for digital finance solutions
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Detailed competitors of Paytel

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Frequently Asked Questions about Paytel

Paytel was founded in 2020.

Paytel is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

Arjun Vashisht is the CEO of Paytel, as recorded in our data.

Paytel has 15 employees.

The primary company behind Paytel, Paytel Financial Technologies Private Limited, reported revenue of β‚Ή3.16 Cr for FY 2024, down 8% year on year.

Paytel was founded in 2020 and is headquartered in Noida, India. End-to-end payment solutions and services are delivered through a unified open API ecosystem tailored for banks, fintech firms, and digital platforms. Operations focus on payment processing, banking integrations, and verification technologies within the financial services sector. The company supports seamless connectivity and innovation in digital transactions across these entities.

Paytel's top competitors include Falcon, M2P Fintech and NeoKred.

Paytel operates through Paytel Financial Technologies Private Limited.

The legal entities of Paytel currently have 2 directors, including Arjun Vashisht, Shalin Anand.

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