Paythrough

Pune, India Founded: 2013 • Age: 13 yrs Acquired By Maitreya Capital
Banking correspondent
Annual revenue $168,035 Latest available
Total funding $204,869 2 rounds
Employees 25 Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

About Paythrough

Paythrough is a company based in Pune (India) founded in 2013 was acquired by Maitreya Capital in September 2022. Paythrough has raised $204.87 thousand across 2 funding rounds from investors including Maitreya Capital, M D Zakir Khan and Mohd Wajid Khan. The company has 25 employees as of April 05, 2024. Paythrough operates in a competitive market with competitors including Mola Corban, Toju, mBanqer and Grubies, among others.

  • Headquarter Pune, India
  • Employees 25 as on 05 Apr, 2024
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Paythrough Softwares And Solutions Private Limited
  • Date of Incorporation 26 Aug, 2013
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $168.03 K (USD)
    -24.01
    as on Mar 31, 2023
  • Net Profit
    -$220.49 K (USD)
    -52.29
    as on Mar 31, 2023
  • EBITDA
    -$135.55 K (USD)
    -52.25
    as on Mar 31, 2023
  • Total Equity Funding
    $204.87 K (USD)

    in 2 rounds

  • Latest Funding Round
    $98.88 K (USD), Seed

    Mar 31, 2022

  • Investors
  • Employee Count
    25

    as on Apr 05, 2024

  • Acquired by
    Maitreya Capital

    (Sep 27, 2022)

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Funding Insights of Paythrough

Paythrough has successfully raised a total of $204.87K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $98.88 thousand completed in March 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Paythrough

Paythrough has secured backing from 6 investors, including angel and institutional investors. Prominent investors backing the company include Maitreya Capital, M D Zakir Khan and Mohd Wajid Khan.

All
Institutional
Angel
Investor Description Founded Year Domain Location
NBFC providing SME loans
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M D Zakir Khan

-
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Mohd Wajid Khan

-
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Investor details for Paythrough

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Investments & Acquisitions by Paythrough

Investments
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Investment portfolio details for Paythrough

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Financial Statements - Paythrough

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Detailed financials for Paythrough

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Paythrough Comparisons

Paythrough Primary company
Description
Banking correspondent
Location
Pune, India
Founded Year
2013
Annual Revenue
$168.03 K (USD)
Net Profit
-$220.49 K (USD)
EBITDA
-$135.55 K (USD)
Employees
25
As of 2024
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Peer comparison for Paythrough

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Competitors of Paythrough

Paythrough 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 Mola Corban, Toju, mBanqer and Grubies, among others.

Company Name Domain Founded year HQ Location Description
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Business management solution for banking correspondents
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Provides cloud-based record management solutions for businesses.
Locked Locked Locked
Automates USSD prompts for faster mobile money processing by agents in Ghana.
Locked Locked Locked
Develops innovative technologies for a correspondence banking platform.
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Detailed competitors of Paythrough

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Latest news on Paythrough

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Complete news archive for Paythrough

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Frequently Asked Questions about Paythrough

Paythrough was founded in 2013 and raised its 1st funding round 7 years after it was founded.

Paythrough is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Paythrough is a funded company, having raised a total of $204.87K across 2 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Paythrough is 25.

Annual revenue of Paythrough is $168.03K as on Mar 31, 2023.

Paythrough was founded in 2013 in Pune, India, operating as a banking correspondent in the financial services sector. Services including deposits, withdrawals, and money transfers are provided via a network of authorized retail points. Correspondence is extended to SBI, RBL Bank, and Bank of India as of January 2017, enabling account access for users across these institutions.

Paythrough's top competitors include Mola Corban, Toju and mBanqer.

Paythrough has 6 investors. Key investors include Maitreya Capital, M D Zakir Khan, Mohd Wajid Khan, Vijay Anant Puranik, and Sudip Chatterjee.

The valuation of Paythrough is $406.67K as of Mar 2022.

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