About QPS
QPS is a Financial Services company based in Mumbai (India) founded in 2019. API-based payment card solution. The company has 29 employees. Its Indian entity Que Processing Services Private Limited reported revenue of ₹1.10 Cr. Its focus areas include FinTech, Payments, Enablers and White Label Solutions. Its competitors include Colorplast, Tamil Charge and Cosmic Payments.
Company details
QPS was founded in 2019 and is headquartered in Mumbai, India. Operations focus on the fintech sector, where API-based payment card solutions are provided to enable businesses to issue cards to end customers. Customized physical and virtual cards are facilitated for sectors including neo banks, lending, marketplaces, finance management, insurance, remittance, gig economy, and retail. Transactions are supported across these areas through integrated services.
- Headquarters Mumbai, India
- Employees 29
- SectorsFinancial Services
- Email••••••••
- Website qps.global
- Social LinkedIn
- Legal Name Que Processing Services Private Limited
- Date of Incorporation 20 Feb, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹1.10 Cr
FY 2021 · -10% YoY
- Net Loss-₹3.81 Cr
FY 2021 · -347% margin
- EBITDA-₹1.68 Cr
FY 2021 · -153% margin
- Employee Count29
Associated legal entities of QPS
QPS operates through Que Processing Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Que Processing Services Private Limited CIN U74999MH2019PTC321510 | Active | 20 Feb 2019 | Mumbai, Maharashtra | ₹1.1 Cr | 29 | 2 | View details |
Board of directors of Que Processing Services Private Limited (QPS)
Que Processing Services Private Limited is the primary company behind QPS. The board of Que Processing Services Private Limited currently have 2 directors; the longest-serving is Mahesh Dhandre Ashok, appointed in 2025. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Dhandre Ashok DIN 07581133 | Additional Director | 05 Jul 2025 | 1 yr 3 mo | Que Processing Services Private Limited |
| Umeshkumar Jaynarayan Shukla DIN 11184207 | Additional Director | 05 Jul 2025 | 1 yr 3 mo | Que Processing Services Private Limited |
Financials of QPS
Figures of Que Processing Services Private Limited, the primary company behind QPS, for FY 2021. Revenue was ₹1.10 Cr (-10% year on year). Net loss was -₹3.81 Cr (-347% margin). EBITDA was -₹1.68 Cr (-153% margin).
- ₹1.10 CrRevenue · FY 2021 · -10% YoY
- -₹3.81 CrNet loss · -347% margin
- -₹1.68 CrEBITDA · -153% margin
- ₹7.01 CrPaid-up capital
- 29Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Que Processing Services Private Limited are on its company page.
Detailed financial statements for QPS
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Competitors of QPS
QPS has 3 listed competitors in our database. They include Colorplast, Tamil Charge and Cosmic Payments.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| colorplast.in | 2001 | Noida, India | 364 | White-labeled payment card solutions are provided for businesses. | ||
| tamilcharge.com | 2021 | India | Offers API services, white-label portals, and software development solutions to clients. | |||
| cosmicpayments.com | 2014 | Mumbai, India | Provides digital payment solutions for businesses and merchants. |
Detailed competitors of QPS
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as QPS (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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Related news about Qps
Complete news archive for QPS
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Frequently Asked Questions about QPS
QPS was founded in 2019.
QPS is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
QPS has 29 employees.
The primary company behind QPS, Que Processing Services Private Limited, reported revenue of ₹1.10 Cr for FY 2021, down 10% year on year.
QPS was founded in 2019 and is headquartered in Mumbai, India. Operations focus on the fintech sector, where API-based payment card solutions are provided to enable businesses to issue cards to end customers. Customized physical and virtual cards are facilitated for sectors including neo banks, lending, marketplaces, finance management, insurance, remittance, gig economy, and retail. Transactions are supported across these areas through integrated services.
QPS's top competitors include Colorplast, Cosmic Payments and Tamil Charge.
QPS operates through Que Processing Services Private Limited.
The legal entities of QPS currently have 2 directors, including Mahesh Dhandre Ashok, Umeshkumar Jaynarayan Shukla.