About TrustlyPay
TrustlyPay is a Financial Services company based in Hyderabad (India) founded in 2022. It provides payment processing solutions for businesses. It operates on a B2B model. The company has 1 employees. Its Indian entity Trustlypay Financial Technology Private Limited reported revenue of ₹16.36 Cr. Its focus areas include Payments, Processing and Business Solutions. Similar companies include Razorpay, Mintoak and Pine Labs; 3 of its 3 listed similar companies have raised funding.
Company details
TrustlyPay provides payment processing solutions for businesses, focusing on offering financial products and advice, facilitating payment transactions, processing, and business solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Hyderabad, India
- Employees 1
- SectorsFinancial Services
- Website trustlypay.in
- Legal Name Trustlypay Financial Technology Private Limited
- Date of Incorporation 04 Jul, 2022
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹16.36 Cr
FY 2024 · +13099% YoY
- Net Loss-₹28.2 Lakh
FY 2024 · -2% margin
- EBITDA-₹28 Lakh
FY 2024 · -2% margin
- Employee Count1
Associated legal entities of TrustlyPay
TrustlyPay operates through Trustlypay Financial Technology 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 |
|---|---|---|---|---|---|---|---|
| Trustlypay Financial Technology Private Limited CIN U72900TG2022PTC164403 | Active | 04 Jul 2022 | Hyderabad, Telangana | ₹16.4 Cr | 2 | View details |
Board of directors of Trustlypay Financial Technology Private Limited (TrustlyPay)
Trustlypay Financial Technology Private Limited is the primary company behind TrustlyPay. The board of Trustlypay Financial Technology Private Limited currently have 2 directors; the longest-serving is Sandeep Pratap Pandala, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sandeep Pratap Pandala DIN 09661698 | Director | 04 Jul 2022 | 4 yrs 4 mo | Trustlypay Financial Technology Private Limited |
| Rajesh Venkataraman DIN 09661697 | Director | 04 Jul 2022 | 4 yrs 4 mo | Trustlypay Financial Technology Private Limited |
Financials of TrustlyPay
Figures of Trustlypay Financial Technology Private Limited, the primary company behind TrustlyPay, for FY 2024. Revenue was ₹16.36 Cr (+13099% year on year). Net loss was -₹28.2 Lakh (-2% margin). EBITDA was -₹28 Lakh (-2% margin).
- ₹16.36 CrRevenue · FY 2024 · +13099% YoY
- -₹28.2 LakhNet loss · -2% margin
- -₹28 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Trustlypay Financial Technology Private Limited are on its company page.
Detailed financial statements for TrustlyPay
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- Downloads
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Similar companies to TrustlyPay
TrustlyPay 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 TrustlyPay
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as TrustlyPay (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 TrustlyPay
TrustlyPay was founded in 2022.
TrustlyPay is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
TrustlyPay has 1 employees.
The primary company behind TrustlyPay, Trustlypay Financial Technology Private Limited, reported revenue of ₹16.36 Cr for FY 2024, up 13099% year on year.
TrustlyPay provides payment processing solutions for businesses, focusing on offering financial products and advice, facilitating payment transactions, processing, and business solutions. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.
TrustlyPay operates through Trustlypay Financial Technology Private Limited.
The legal entities of TrustlyPay currently have 2 directors, including Sandeep Pratap Pandala, Rajesh Venkataraman.