About S2Pay
S2Pay is a company based in Mumbai (India) founded in 2016 by Nirmal Juthani. S2Pay operates in a competitive market with competitors including Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
- Headquarter Mumbai, India
- Founders Nirmal Juthani
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website s2pay.com
- Social LinkedIn X Facebook
- Legal Name S2pay Software Private Limited
- Date of Incorporation 18 Jul, 2016
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹5,760
FY 2023 · 0% margin
- EBITDA-₹3,400
FY 2023 · 0% margin
Associated legal entities of S2Pay
S2Pay operates through S2pay Software 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 |
|---|---|---|---|---|---|---|---|
| S2pay Software Private Limited CIN U72900MH2016PTC283750 | Active | 18 Jul 2016 | Mumbai, Maharashtra | – | – | 4 | View details |
Board of directors of S2pay Software Private Limited (S2Pay)
S2pay Software Private Limited is the primary company behind S2Pay. The board of S2pay Software Private Limited currently have 4 directors; the longest-serving is Aditya Agarwal, appointed in 2016. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Agarwal DIN 06955716 | Director | 18 Jul 2016 | 10 yrs 2 mo | S2pay Software Private Limited |
| Lalitchandra Jagjivandas Juthani DIN 00823333 | Director | 18 Jul 2016 | 10 yrs 2 mo | S2pay Software Private Limited |
| Deven Lalitchandra Juthani DIN 00823242 | Director | 18 Jul 2016 | 10 yrs 2 mo | S2pay Software Private Limited |
| Kaushik Gopaldas Juthani DIN 00857030 | Director | 16 Jul 2025 | 1 yr 2 mo | S2pay Software Private Limited |
People of S2Pay
1 people are tracked at S2Pay (1 in leadership).
| Name | Role | Group |
|---|---|---|
Nirmal Juthani | Co-Founder | Leadership |
Complete people profiles for S2Pay
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- Full employee list
- Team structure
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Financials of S2Pay
Figures of S2pay Software Private Limited, the primary company behind S2Pay, for FY 2023. Net loss was -₹5,760 (0% margin). EBITDA was -₹3,400 (0% margin).
- -₹5,760Net loss · 0% margin
- -₹3,400EBITDA · 0% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of S2pay Software Private Limited are on its company page.
Detailed financial statements for S2Pay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Competitors of S2Pay
S2Pay 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 Stripe, Razorpay, Flutterwave, PayU and Mintoak, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| stripe.com | 2009 | San Francisco, United States | $9.81B | 5,904 | Payment processing and card issuance solutions are provided for businesses. | |
| razorpay.com | 2014 | Bengaluru, India | $742M | 2,641 | Payment and business banking solutions are provided for enterprises. | |
| flutterwave.com | 2016 | San Francisco, United States | $319.41M | – | Provider of payment processing solutions for businesses | |
| payu.com | 2002 | Amsterdam, Netherlands | $35.15M | 1,200 | Online payment processing and credit solutions are provided for businesses. | |
| mintoak.com | 2017 | Mumbai, India | $24.71M | 140 | Digital payments and engagement solutions are offered for MSMEs. | |
| aciworldwide.com | 1975 | Omaha, United States | – | 4,732 | Digital payments are processed and managed via specialized solutions. | |
| pinelabs.com | 1998 | Noida, India | $1.32B | 3,780 | Omnichannel payment solutions, loyalty programs, and business tools are provided. | |
| highradius.com | 2006 | Houston, United States | $484M | – | Autonomous finance and payment solutions are provided to businesses. | |
| airpay.co.in | 2012 | Mumbai, India | $3.63M | 996 | An integrated omnichannel platform for financial services is provided. |
Detailed competitors of S2Pay
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to S2Pay
10 companies that operate in the same segment as S2Pay (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 S2Pay
S2Pay was founded in 2016.
S2Pay is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Developer of a smartphone app that enables users to make closed loop payments with selected merchants. Users can link the wallet with their bank accounts, storeloyalty cards. Works even offline in the absence of a mobile network signal. Payments are validated through a secure pin (Transaction Authorization Number). Businesses can partner with the company to enable mobile payments for their customer at POS. Product of Net Vigil Software Private Limited.
S2Pay operates through S2pay Software Private Limited.
The legal entities of S2Pay currently have 4 directors, including Aditya Agarwal, Lalitchandra Jagjivandas Juthani, Deven Lalitchandra Juthani and others.