About PesaMoni
PesaMoni is a company based in Kampala (Uganda) founded in 2015 by Gimono Susan, Drew Julo, and Asanasio Namanya. The company has 280 employees. PesaMoni operates in a competitive market with competitors including Wave Systems, Chipper Cash, WorldRemit, bKash and YouTrip, among others.
- Headquarter Kampala, Uganda
- Employees 280
- Founders Gimono Susan, Drew Julo, Asanasio Namanya
- SectorsFinancial Services
- Website pesamoni.com
- Social X
- Legal Name Ni Systems (India) Private Limited
- Date of Incorporation 07 Mar, 2000
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹382 Cr
FY 2024 · +10% YoY
- Net Profit₹13.06 Cr
FY 2024 · 3% margin
- EBITDA₹47.40 Cr
FY 2024 · 12% margin
- Employee Count280
Associated legal entities of PesaMoni
PesaMoni operates through Ni Systems (India) 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 |
|---|---|---|---|---|---|---|---|
| Ni Systems (India) Private Limited CIN U72900KA2000PTC026543 | Active | 07 Mar 2000 | Bangalore, Karnataka | ₹382 Cr | 280 | 2 | View details |
Board of directors of Ni Systems (India) Private Limited (PesaMoni)
Ni Systems (India) Private Limited is the primary company behind PesaMoni. The board of Ni Systems (India) Private Limited currently have 2 directors; the longest-serving is Baskar Raj D Ceri, appointed in 2021. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Baskar Raj D Ceri DIN 00708372 | Managing Director | 29 Sep 2021 | 5 yrs | Ni Systems (India) Private Limited |
| Kathleen Heard Spurck DIN 10365846 | Director | 01 Dec 2023 | 2 yrs 10 mo | Ni Systems (India) Private Limited |
People of PesaMoni
3 people are tracked at PesaMoni (3 in leadership); the tracked headcount is 280.
| Name | Role | Group |
|---|---|---|
Gimono Susan | Co-Founder | Leadership |
Drew Julo | Co-Founder | Leadership |
Asanasio Namanya | Co-Founder & CEO | Leadership |
Complete people profiles for PesaMoni
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Financials of PesaMoni
Figures of Ni Systems (India) Private Limited, the primary company behind PesaMoni, for FY 2024. Revenue was ₹382 Cr (+10% year on year). Net profit was ₹13.06 Cr (3% margin). EBITDA was ₹47.40 Cr (12% margin). Revenue has grown at a compounded annual rate of +15% over three years and +8% over five years.
- ₹382 CrRevenue · FY 2024 · +10% YoY
- ₹13.06 CrNet profit · 3% margin
- ₹47.40 CrEBITDA · 12% margin
- ₹50 LakhPaid-up capital
- 280Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ni Systems (India) Private Limited are on its company page.
Detailed financial statements for PesaMoni
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Competitors of PesaMoni
PesaMoni 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 Wave Systems, Chipper Cash, WorldRemit, bKash and YouTrip, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wave.com | 1996 | Lee, United States | $326.26M | – | Cross-border money transfers are enabled via an app-based wallet. | |
| chippercash.com | 2018 | San Francisco, United States | $302.2M | – | Cross-border remittances are enabled for individuals through a mobile wallet. | |
| worldremit.com | 2010 | London, United Kingdom | $623.96M | 263 | Banking channel for cross border money transfers | |
| bkash.com | 2011 | Dhaka, Bangladesh | $261M | – | Mobile financial services and payment system for consumers | |
| you.co | 2018 | Singapore | $105.5M | – | NFC-enabled travel cards and wallets are provided for travelers. | |
| moneygram.com | 1940 | Dallas, United States | – | – | Cross-border payments are enabled via wallet solutions for consumers. | |
| paysend.com | 2015 | Valletta, Malta | $226.9M | – | Cross-border money transfers are enabled via digital wallet. | |
| sendwave.com | 2011 | Boston, United States | $13.8M | 339 | Cross-border money transfers are facilitated through a mobile wallet service. | |
| lemfi.com | 2020 | Maidstone, United Kingdom | $86.85M | – | Cross-border payments are enabled for sending and receiving money internationally. | |
| taptapsend.com | 2018 | London, United Kingdom | $78.36M | – | Cross-border money transfers are enabled by an app-based digital wallet. |
Detailed competitors of PesaMoni
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- Full competitor set
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Similar companies to PesaMoni
10 companies that operate in the same segment as PesaMoni (Payments & Remittance Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payments, financial services, and e-commerce platforms are provided. | 2000 | Noida, Uttar Pradesh, India | USD 4.14 B | – | – | |
Payment, financial, investment, and lending services are provided digitally. | 2012 | Bengaluru, Karnataka, India | USD 1.71 B | – | – | |
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | – | – | |
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 2,360 | |
Payment and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 742 M | USD 302.19 M | 2,641 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 604.02 M | USD 179.52 M | 709 | |
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, Netherlands | USD 35.15 M | USD 5.47 B | 1,200 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 |
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Frequently Asked Questions about PesaMoni
PesaMoni was founded in 2015.
PesaMoni is headquartered in Kampala, Uganda.
Asanasio Namanya is the current CEO of PesaMoni. They have also founded this company.
PesaMoni has 280 employees.
The primary company behind PesaMoni, Ni Systems (India) Private Limited, reported revenue of ₹382 Cr for FY 2024, up 10% year on year.
PesaMoni was founded in 2015 in Kampala, Uganda, by co-founders Gimono Susan, Drew Julo, and Asanasio Namanya, the latter serving as CEO. An online platform is operated to enable cross-border money transfers for individuals. Services are provided in the fintech sector, focusing on remittances between East African countries and international destinations. Secure and efficient transfer options are emphasized for users seeking accessible financial solutions.
PesaMoni's top competitors include Chipper Cash, Taptap Send and WorldRemit.
PesaMoni operates through Ni Systems (India) Private Limited.
The legal entities of PesaMoni currently have 2 directors, including Baskar Raj D Ceri, Kathleen Heard Spurck.