About Penenza
Penenza is a company based in Bengaluru (India) founded in 2022 was acquired by TenChat in August 2023. The company has 1 employees. Penenza operates in a competitive market with competitors including axio, Simpl, ZestMoney, PayJoy and Lazypay, among others.
- Headquarter Bengaluru, India
- Employees 1
- SectorsFinancial Services
- Website penenza.com
- Acquired by TenChat (Aug 2023)
- Legal Name Penenza India Private Limited
- Date of Incorporation 21 Oct, 2022
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Penenza
Penenza operates through Penenza India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Penenza India Private Limited CIN U72900KA2022PTC167329 | Active | 21 Oct 2022 | Bangalore, Karnataka | – | – | 2 | View details |
Investors in Penenza
Penenza has secured backing from 1 investor. Prominent investors backing the company include TenChat.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A mobile app designed for streamlined procurement management in businesses. | 2020 | tenchat.ru | Russia |
Investor details for Penenza
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- Round participation
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Board of directors of Penenza India Private Limited (Penenza)
Penenza India Private Limited is the primary company behind Penenza. The board of Penenza India Private Limited currently have 2 directors; the longest-serving is Jitender Arora, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jitender Arora DIN 02232172 | Director | 21 Oct 2022 | 3 yrs 11 mo | Penenza India Private Limited |
| Dmitrii Pangin DIN 09765215 | Director | 21 Oct 2022 | 3 yrs 11 mo | Penenza India Private Limited |
Timeline of Penenza
2 dated milestones of Penenza across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Penenza is founded.
- Exit Acquired by TenChat.
Competitors of Penenza
Penenza 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 axio, Simpl, ZestMoney, PayJoy and Lazypay, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| axio.co.in | 2013 | Bengaluru, India | $205.92M | 499 | An online lending platform for point-of-sale financing is provided. | |
| getsimpl.com | 2015 | Bengaluru, India | $47.47M | 144 | An online platform for purchase financing is provided by Simpl. | |
| zestmoney.in | 2015 | Delhi, India | $151.12M | 21 | Online platform offering point-of-sale financing | |
| payjoy.com | 2015 | San Francisco, United States | $204.62M | 101 | Online platform for purchase financing | |
| lazypay.in | 2017 | Mumbai, India | $7M | 366 | Provider of digital payment solutions, including deferred payment and personal loans | |
| snapmint.com | 2015 | Mumbai, India | $179.98M | 217 | No-credit-card EMI solutions for online purchases are provided. | |
| paytail.com | 2020 | Gurugram, India | $1.78M | 56 | Finance and e-commerce solutions are enabled via instant EMI loans. | |
| getshopse.com | 2020 | Mumbai, India | $11.81M | 84 | Payment platform offered for diverse business payment options. |
Detailed competitors of Penenza
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Latest news on Penenza
Complete news archive for Penenza
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Penenza
10 companies that operate in the same segment as Penenza (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 726 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 5,000 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 349.23 M | USD 106.45 M | 1,749 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | – | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Digital lending and instant credit lines are provided to individuals. | 2016 | Gurugram, Haryana, India | USD 115 M | USD 18.69 M | 81 | |
Personal loans and lines of credit are provided by Mogo. | 2008 | Vancouver, British Columbia, Canada | – | USD 49.45 M | – |
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Frequently Asked Questions about Penenza
Penenza was founded in 2022.
Penenza is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Penenza has 1 employees.
Penenza was founded in 2022 in Bengaluru, India. A digital platform is operated to deliver buy now pay later financing options and lead generation tools. These services are extended to businesses and banks in the fintech sector. Operations emphasize seamless integration for deferred payments and targeted customer acquisition. The company is based in India, serving regional financial needs.
Penenza has 1 investor. Key investors include TenChat.
Penenza operates through Penenza India Private Limited.
Yes. Penenza was acquired by TenChat in August 2023.
The legal entities of Penenza currently have 2 directors, including Jitender Arora, Dmitrii Pangin.