About PayWize
PayWize is a Financial Services company based in Bengaluru (India) founded in 2023 by Karthik Bukkambudhi. It delivers secure online payment solutions tailored for businesses. It operates on a B2B model. Its Indian entity Paywize Technologies Private Limited reported revenue of ₹3.7 Lakh. Its focus areas include Finance, Financial Technology, Payment Solutions and Online Transactions. Similar companies include Stripe, Razorpay, Flutterwave, PayU and Mintoak and 4 more; 8 of its 9 listed similar companies have raised funding.
Company details
PayWize operates with a B2B model, focusing on finance, financial technology, providing payment solutions, and online transactions. Delivers secure online payment solutions tailored for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Bengaluru, India
- Founders Karthik Bukkambudhi
- SectorsFinancial Services
- Website paywize.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Paywize Technologies Private Limited
- Date of Incorporation 05 Apr, 2023
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3.7 Lakh
FY 2024
- Net Loss-₹43.7 Lakh
FY 2024 · -1188% margin
- EBITDA-₹18 Lakh
FY 2024 · -489% margin
Associated legal entities of PayWize
PayWize operates through Paywize Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Paywize Technologies Private Limited CIN U62013KA2023PTC171893 | Active | 05 Apr 2023 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Apps and channels of PayWize
its YouTube channel Paywize has 6 subscribers.
Board of directors of Paywize Technologies Private Limited (PayWize)
Paywize Technologies Private Limited is the primary company behind PayWize. The board of Paywize Technologies Private Limited currently have 2 directors; the longest-serving is Bukkambubhi Karthik Shivakumar, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bukkambubhi Karthik Shivakumar DIN 07545076 | Director | 05 Apr 2023 | 3 yrs 6 mo | Paywize Technologies Private Limited |
| Shankar Sridhar DIN 09779936 | Director | 05 Apr 2023 | 3 yrs 6 mo | Paywize Technologies Private Limited |
People of PayWize
2 people are tracked at PayWize (2 in leadership).
| Name | Role | Group |
|---|---|---|
Karthik Bukkambudhi | Founder | Leadership |
Ryan Fenley | President and CEO | Leadership |
Complete people profiles for PayWize
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Financials of PayWize
Figures of Paywize Technologies Private Limited, the primary company behind PayWize, for FY 2024. Revenue was ₹3.7 Lakh. Net loss was -₹43.7 Lakh (-1188% margin). EBITDA was -₹18 Lakh (-489% margin).
- ₹3.7 LakhRevenue · FY 2024
- -₹43.7 LakhNet loss · -1188% margin
- -₹18 LakhEBITDA · -489% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Paywize Technologies Private Limited are on its company page.
Detailed financial statements for PayWize
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Similar companies to PayWize
PayWize has 9 listed similar companies in our database, 8 of them funded. They include Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| flutterwave.com | 2016 | San Francisco, United States | $489.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| cashfree.com | 2015 | Bengaluru, India | $97.02M | 831 | Payment gateway and payout solutions are provided for business transactions. |
Detailed similar companies of PayWize
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- Full competitor set
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Web traffic of PayWize
The website of PayWize (paywize.in) receives about 8.3K visits a month.
- Monthly visits8.3K
▲ 172.1% vs previous month
Top companies in Payments & Remittance Platforms
10 companies that operate in the same segment as PayWize (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 PayWize
PayWize was founded in 2023.
PayWize is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind PayWize, Paywize Technologies Private Limited, reported revenue of ₹3.7 Lakh for FY 2024.
PayWize operates with a B2B model, focusing on finance, financial technology, providing payment solutions, and online transactions. Delivers secure online payment solutions tailored for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
PayWize operates through Paywize Technologies Private Limited.
The legal entities of PayWize currently have 2 directors, including Bukkambubhi Karthik Shivakumar, Shankar Sridhar.