Shelfpay

Bengaluru, India Founded: 2022 • Age: 4 yrs
Provider of a platform to manage and control spending
Annual revenue - Latest available
Total funding $125,000 1 rounds
Employees 1 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 6 Brand Intelligence

About Shelfpay

Shelfpay is a company based in Bengaluru (India) founded in 2022 by Paras Rajput and Vedant Kumar. Shelfpay has raised $125 thousand across 1 funding round from investors including Y Combinator. The company has 1 employees as of April 07, 2024. Shelfpay offers products and services including Shelf App, Shared Payments Card, and Expense Tracking Feature. Shelfpay operates in a competitive market with competitors including Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.

  • Headquarter Bengaluru, India
  • Employees 1 as on 07 Apr, 2024
  • Founders Paras Rajput, Vedant Kumar
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Shelfpay Private Limited
  • Date of Incorporation 22 Jul, 2022
  • Jurisdiction Bengaluru, Karnataka, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $125 K (USD)

    in 1 rounds

  • Latest Funding Round
    $125 K (USD), Seed

    Jun 01, 2022

  • Investors
  • Employee Count
    1

    as on Apr 07, 2024

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Products & Services of Shelfpay

Shelfpay offers a comprehensive portfolio of products and services, including Shelf App, Shared Payments Card, and Expense Tracking Feature.

Product name locked
Category locked
Primary

Facilitates automatic expense splitting for groups and shared costs

Product name locked
Category locked
Locked

Enables effortless group payments with cashback on essentials

Product name locked
Category locked
Locked

Manages and splits daily expenses for flatmates and friends

Funding Insights of Shelfpay

Shelfpay has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Shelfpay

Shelfpay has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.

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Venture Fund
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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Investor details for Shelfpay

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Investments & Acquisitions by Shelfpay

Investments
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Investment portfolio details for Shelfpay

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  • Transaction dates
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Financial Statements - Shelfpay

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Detailed financials for Shelfpay

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Shelfpay Comparisons

Shelfpay Primary company
Description
Provider of a platform to manage and control spending
Location
Bengaluru, India
Founded Year
2022
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Shelfpay

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Shelfpay

Shelfpay 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 Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.

Company Name Domain Founded year HQ Location Description
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Online platform for wealth management
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Digital banking services are offered to individual users.
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Neobank for individuals
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Agent-based payment solutions for businesses are provided.
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AI-powered online banking solutions are integrated with HR workflows.
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Detailed competitors of Shelfpay

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  • Domains and locations
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Latest news on Shelfpay

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Complete news archive for Shelfpay

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Frequently Asked Questions about Shelfpay

Shelfpay was founded in 2022.

Shelfpay is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Shelfpay is a funded company, having raised a total of $125K across 1 funding round to date.

As of Apr 07, 2024, the latest employee count at Shelfpay is 1.

Shelfpay was founded in 2022 in Bengaluru, India, within the fintech sector. A platform is offered for managing and controlling spending, including white-label wallet solutions for banks to serve their customers. Operations encompass banking services, payments processing, expense tracking, bill splitting, and group wallets. These features are designed to reduce the need for manual tracking or reimbursement requests among users.

Shelfpay's top competitors include Freo, Niyo and OneBanc Technologies.

Shelfpay offers Shelf App, Shared Payments Card, and Expense Tracking Feature.

Shelfpay has 1 investor. Key investors include Y Combinator.

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