About pSwitch
pSwitch is a Financial Services company based in Noida (India) founded in 2020. It offers digital payments, money transfers, and financial inclusion platforms. It operates on a B2B and D2C model. Its Indian entity Pswitch Services Private Limited reported revenue of ₹26.3 Lakh. pSwitch offers products and services including BC Business Android POS Terminal, Domestic Money Transfer, Aadhaar Pay, Micro ATM, and Bill Payment. Its focus areas include FinTech, Remittance Tech, Cross Border and International Transfers. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
pSwitch is a technology-driven company that operates an integrated platform for digital payments, including UPI, money remittances, and bill payments. It enables secure transactions for retailers and consumers, focusing on financial inclusion across India and regions like Nepal and UAE. Based in Noida, India, it partners with businesses for services such as POS terminals and cross-border transfers, serving a wide network of users.
- Headquarters Noida, India
- SectorsFinancial Services
- Email••••••••
- Website pswitch.in
- Social LinkedIn X
- Legal Name Pswitch Services Private Limited
- Date of Incorporation 10 Apr, 2020
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹26.3 Lakh
FY 2023 · +1341% YoY
- Net Loss-₹63,176
FY 2023 · -2% margin
- EBITDA-₹63,176
FY 2023 · -2% margin
Associated legal entities of pSwitch
pSwitch operates through Pswitch Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Pswitch Services Private Limited CIN U72900UP2020PTC128217 | Active | 10 Apr 2020 | Noida, Uttar Pradesh | ₹0.3 Cr | 3 | View details |
Products & Services of pSwitch
pSwitch offers a comprehensive portfolio of products and services, including BC Business Android POS Terminal, Domestic Money Transfer, Aadhaar Pay, Micro ATM, and Bill Payment.
Android device for processing retail transactions securely
Platform for sending money within India efficiently
Aadhaar-linked system for biometric transactions
Portable device for cash withdrawals and deposits
System for online bill settlements and recharges
Platform for booking travel services digitally
Card for prepaid transactions and payments
Board of directors of Pswitch Services Private Limited (pSwitch)
Pswitch Services Private Limited is the primary company behind pSwitch. The board of Pswitch Services Private Limited currently have 3 directors; the longest-serving is Rahul Dube, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rahul Dube DIN 08733686 | Director | 10 Apr 2020 | 6 yrs 6 mo | Pswitch Services Private Limited |
| Pintu Kumar Choudhary DIN 06973330 | Director | 10 Apr 2020 | 6 yrs 6 mo | Pswitch Services Private Limited |
| Faiz Ahmad DIN 03260563 | Director | 18 Nov 2022 | 3 yrs 11 mo | Pswitch Services Private Limited |
Financials of pSwitch
Figures of Pswitch Services Private Limited, the primary company behind pSwitch, for FY 2023. Revenue was ₹26.3 Lakh (+1341% year on year). Net loss was -₹63,176 (-2% margin). EBITDA was -₹63,176 (-2% margin).
- ₹26.3 LakhRevenue · FY 2023 · +1341% YoY
- -₹63,176Net loss · -2% margin
- -₹63,176EBITDA · -2% margin
- ₹1.3 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Pswitch Services Private Limited are on its company page.
Detailed financial statements for pSwitch
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to pSwitch
pSwitch 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 pSwitch
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Web traffic of pSwitch
The website of pSwitch (pswitch.in) receives about 2K visits a month.
- Monthly visits2K
▼ 94.5% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as pSwitch (Payments & Remittance Platforms) in India, 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 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 and business banking solutions are provided for enterprises. | 2014 | Bengaluru, Karnataka, India | USD 741.62 M | USD 302.19 M | 2,850 |
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Frequently Asked Questions about pSwitch
pSwitch was founded in 2020.
pSwitch is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind pSwitch, Pswitch Services Private Limited, reported revenue of ₹26.3 Lakh for FY 2023, up 1341% year on year.
pSwitch is a technology-driven company that operates an integrated platform for digital payments, including UPI, money remittances, and bill payments. It enables secure transactions for retailers and consumers, focusing on financial inclusion across India and regions like Nepal and UAE. Based in Noida, India, it partners with businesses for services such as POS terminals and cross-border transfers, serving a wide network of users.
pSwitch offers BC Business Android POS Terminal, Domestic Money Transfer, Aadhaar Pay, Micro ATM, and 3 more products and services.
pSwitch operates through Pswitch Services Private Limited.
The legal entities of pSwitch currently have 3 directors, including Faiz Ahmad, Rahul Dube, Pintu Kumar Choudhary.