About Payzed
Payzed is a Financial Services company based in Delhi (India) founded in 2019. It develops innovative payment processing technologies for businesses. It operates on a B2B model. The company has 1 employees. Its focus areas include FinTech, Payment Processing and Business Solutions. Its legal entity in India is Payzed Payments Solution Private Limited (U93090GJ2020PTC117698). Similar companies include Stripe, Razorpay, Flutterwave, PayU and Mintoak and 4 more; 7 of its 9 listed similar companies have raised funding.
Company details
Payzed, established in 2019, excels in offering financial products and advice, innovating financial technology, processing payments securely, and business solutions. Develops innovative payment processing technologies for businesses. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Delhi, India
- Employees 1
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website payzed.in
- Social X Facebook Instagram
- Legal Name Payzed Payments Solution Private Limited
- Date of Incorporation 26 Oct, 2020
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹64,229
FY 2024 · -78% YoY
- Net Loss-₹65,355
FY 2024 · -102% margin
- EBITDA₹53,229
FY 2024 · 83% margin
- Employee Count1
Associated legal entities of Payzed
Payzed operates through Payzed Payments Solution 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 |
|---|---|---|---|---|---|---|---|
| Payzed Payments Solution Private Limited CIN U93090GJ2020PTC117698 | Active | 26 Oct 2020 | Surat, Gujarat | ₹0.0 Cr | – | 2 | View details |
Board of directors of Payzed Payments Solution Private Limited (Payzed)
Payzed Payments Solution Private Limited is the primary company behind Payzed. The board of Payzed Payments Solution Private Limited currently have 2 directors; the longest-serving is Paras Govindbhai Patel, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Paras Govindbhai Patel DIN 08935804 | Director | 26 Oct 2020 | 5 yrs 11 mo | Payzed Payments Solution Private Limited |
| Monikaben Paraskumar Patel DIN 10600715 | Director | 19 Apr 2024 | 2 yrs 6 mo | Payzed Payments Solution Private Limited |
Financials of Payzed
Figures of Payzed Payments Solution Private Limited, the primary company behind Payzed, for FY 2024. Revenue was ₹64,229 (-78% year on year). Net loss was -₹65,355 (-102% margin). EBITDA was ₹53,229 (83% margin). Revenue has grown at a compounded annual rate of -64% over three years.
- ₹64,229Revenue · FY 2024 · -78% YoY
- -₹65,355Net loss · -102% margin
- ₹53,229EBITDA · 83% margin
- ₹1 LakhPaid-up capital
- -64%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Payzed Payments Solution Private Limited are on its company page.
Detailed financial statements for Payzed
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Similar companies to Payzed
Payzed has 9 listed similar companies in our database, 7 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. | |
| globalpayments.com | 1967 | Atlanta, United States | – | 27,000 | Cloud-based payment processing is provided for eCommerce and businesses. |
Detailed similar companies of Payzed
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- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Payzed (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about Payzed
Payzed was founded in 2019.
Payzed is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Payzed has 1 employees.
The primary company behind Payzed, Payzed Payments Solution Private Limited, reported revenue of ₹64,229 for FY 2024, down 78% year on year.
Payzed, established in 2019, excels in offering financial products and advice, innovating financial technology, processing payments securely, and business solutions. Develops innovative payment processing technologies for businesses. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Payzed operates through Payzed Payments Solution Private Limited.
The legal entities of Payzed currently have 2 directors, including Monikaben Paraskumar Patel, Paras Govindbhai Patel.