About Penpay
Penpay is a Financial Services company based in Delhi (India) founded in 2023. It provides secure online payment solutions for businesses via multiple methods and platforms. It operates on a B2B model. Penpay offers products and services including Payment Gateway, Ecommerce Payment Solution, and Gaming Payment Solution. Its focus areas include FinTech, Payment Tech, Online Payment Gateway and Digital Transactions. Its legal entity in India is Penpay Technologies Private Limited (U62091DL2023PTC420455). Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
Penpay operates as a payment gateway based in New Delhi, India, simplifying online transactions for merchants. It supports various methods like debit cards, credit cards, UPI, and wallets, ensuring fast and secure processing. The service offers features such as easy integration, real-time reporting, and 247 support. Serving over 250,000 merchants, it focuses on reducing fraud risks and enhancing business efficiency through robust technology.
- Headquarters Delhi, India
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website penpay.in
- Legal Name Penpay Technologies Private Limited
- Date of Incorporation 22 Sep, 2023
- Jurisdiction New Delhi, Delhi, India
Associated legal entities of Penpay
Penpay operates through Penpay Technologies 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 |
|---|---|---|---|---|---|---|---|
| Penpay Technologies Private Limited CIN U62091DL2023PTC420455 | Active | 22 Sep 2023 | New Delhi, Delhi | 4 | View details |
Products & Services of Penpay
Penpay offers a comprehensive portfolio of products and services, including Payment Gateway, Ecommerce Payment Solution, and Gaming Payment Solution.
Secure platform for processing online payments for businesses
Facilitates payments for online stores with multiple options and fast processing
Enables secure transactions for gaming platforms and users
Board of directors of Penpay Technologies Private Limited (Penpay)
Penpay Technologies Private Limited is the primary company behind Penpay. The board of Penpay Technologies Private Limited currently have 4 directors; the longest-serving is Vakil Ansari, appointed in 2023. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vakil Ansari DIN 10331263 | Director | 22 Sep 2023 | 3 yrs 1 mo | Penpay Technologies Private Limited |
| Gavender Pal Singh DIN 10331262 | Director | 22 Sep 2023 | 3 yrs 1 mo | Penpay Technologies Private Limited |
| Harshita Lkshman Rao DIN 10758562 | Additional Director | 29 Aug 2024 | 2 yrs 1 mo | Penpay Technologies Private Limited |
| Narayana Manoj DIN 10758563 | Additional Director | 29 Aug 2024 | 2 yrs 1 mo | Penpay Technologies Private Limited |
Similar companies to Penpay
Penpay has 3 listed similar companies in our database, 3 of them funded. They include Razorpay, Mintoak and Pine Labs.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| razorpay.com | 2014 | Bengaluru, India | $741.62M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| pinelabs.com | 1998 | Noida, India | $1.23B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. |
Detailed similar companies of Penpay
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Frequently Asked Questions about Penpay
Penpay was founded in 2023.
Penpay is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Penpay operates as a payment gateway based in New Delhi, India, simplifying online transactions for merchants. It supports various methods like debit cards, credit cards, UPI, and wallets, ensuring fast and secure processing. The service offers features such as easy integration, real-time reporting, and 247 support. Serving over 250,000 merchants, it focuses on reducing fraud risks and enhancing business efficiency through robust technology.
Penpay offers Payment Gateway, Ecommerce Payment Solution, and Gaming Payment Solution.
Penpay operates through Penpay Technologies Private Limited.
The legal entities of Penpay currently have 4 directors, including Vakil Ansari, Gavender Pal Singh, Harshita Lkshman Rao and others.