About Trapeza
Trapeza is a Financial Services company based in Mumbai (India). It operates as an a digital bank providing services for individual customers. It operates on a B2C model. Its focus areas include Finance, Banking, Digital Banking and Online Services. Its legal entity in India is Trapeza Technologies Private Limited (U74999MH2021PTC353928). Its competitors include Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies; 5 of its 5 listed competitors have raised funding.
Company details
Trapeza a digital bank providing services for individual customers through finance, banking, digital banking, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- SectorsFinancial Services
- Website trapeza.in
- Legal Name Trapeza Technologies Private Limited
- Date of Incorporation 21 Jan, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹96,743
FY 2024 · -84% YoY
- Net Loss-₹55.8 Lakh
FY 2024 · -5766% margin
- EBITDA-₹44.9 Lakh
FY 2024 · -4644% margin
Associated legal entities of Trapeza
Trapeza operates through Trapeza Technologies 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 |
|---|---|---|---|---|---|---|---|
| Trapeza Technologies Private Limited CIN U74999MH2021PTC353928 | Active | 21 Jan 2021 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | 2 | View details |
Board of directors of Trapeza Technologies Private Limited (Trapeza)
Trapeza Technologies Private Limited is the primary company behind Trapeza. The board of Trapeza Technologies Private Limited currently have 2 directors; the longest-serving is Juned Salim Sayed, appointed in 2024. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Juned Salim Sayed DIN 10217252 | Director | 15 Apr 2024 | 2 yrs 6 mo | Trapeza Technologies Private Limited |
| Sharad Kumar Ahuja DIN 08042629 | Director | 26 Apr 2024 | 2 yrs 5 mo | Trapeza Technologies Private Limited |
Financials of Trapeza
Figures of Trapeza Technologies Private Limited, the primary company behind Trapeza, for FY 2024. Revenue was ₹96,743 (-84% year on year). Net loss was -₹55.8 Lakh (-5766% margin). EBITDA was -₹44.9 Lakh (-4644% margin).
- ₹96,743Revenue · FY 2024 · -84% YoY
- -₹55.8 LakhNet loss · -5766% margin
- -₹44.9 LakhEBITDA · -4644% margin
- ₹1 LakhPaid-up capital
- 2Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Trapeza Technologies Private Limited are on its company page.
Detailed financial statements for Trapeza
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Trapeza
Trapeza has 5 listed competitors in our database, 5 of them funded. They include Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goniyo.com | 2015 | Bengaluru, India | $179.35M | 410 | Online platform for wealth management | |
| freo.money | 2015 | Bengaluru, India | $46.31M | 177 | Digital banking services are offered to individual users. | |
| availfinance.in | 2017 | Bengaluru, India | $38.48M | 2 | Neobank for individuals | |
| rapipay.com | 2018 | Delhi, India | $24M | 606 | Agent-based payment solutions for businesses are provided. | |
| onebanc.ai | 2019 | Gurugram, India | $8.34M | 34 | AI-powered online banking solutions are integrated with HR workflows. |
Detailed competitors of Trapeza
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.
Top companies in Banking & FinTech Platforms
10 companies that operate in the same segment as Trapeza (Banking & FinTech Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Tide is recognized as a digital banking platform for businesses. | 2015 | London, England, United Kingdom | USD 180.56 M | – | 3,462 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Banking solutions are provided for retail customers and businesses. | 2015 | London, England, United Kingdom | USD 1.73 B | USD 5.95 B | 20,299 | |
Internet first bank for individuals and businesses | 2015 | London, England, United Kingdom | USD 2.37 B | USD 2.31 M | 3,786 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | – | 237 | |
Digital banking services are offered to consumers and businesses. | 2014 | London, England, United Kingdom | USD 1.01 B | USD 813.42 M | 2,835 | |
Payment and banking solutions are provided to users and banks. | 2015 | San Ramon, California, United States | USD 390 M | USD 532.2 K | 2,149 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Digital banking services are provided for individuals and businesses. | 2014 | Blyth, England, United Kingdom | USD 852.48 M | – | 556 |
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Frequently Asked Questions about Trapeza
Trapeza is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Trapeza, Trapeza Technologies Private Limited, reported revenue of ₹96,743 for FY 2024, down 84% year on year.
Trapeza a digital bank providing services for individual customers through finance, banking, digital banking, and online services. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Trapeza's top competitors include Freo, Niyo and OneBanc Technologies.
Trapeza operates through Trapeza Technologies Private Limited.
The legal entities of Trapeza currently have 2 directors, including Juned Salim Sayed, Sharad Kumar Ahuja.