About Utiba
Utiba is a Financial Services company based in Singapore (Singapore) founded in 2001 by Richard Matotek, and was acquired by Amdocs in December 2014. Mobile payments are enabled globally through recipient mobile numbers. Its chief executive, as recorded, is Richard Matotek. The company was acqui-hired. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and P2P Remittance. Its legal entity in India is Utiba Software (India) Private Limited (U72900DL2010PTC204093).
Company details
Utiba was founded in 2001 in Singapore as a provider of mobile transaction systems. Funds are transferred worldwide using only the recipients mobile number, with services encompassing electronic top-ups, airtime sharing, and wallet-based transfers. These operations connect to mobile operators, banks, microfinance institutions, retail merchants, and remittance agencies, supporting both domestic and international borders.
Associated legal entities of Utiba
Utiba operates through Utiba Software (India) Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Utiba Software (India) Private Limited CIN U72900DL2010PTC204093 | Strike Off | 14 Jun 2010 | New Delhi, Delhi | ₹0.0 Cr | 2 | View details |
Investors in Utiba
Utiba has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Amdocs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based OSS and BSS solutions are provided to communications providers. | 1982 | amdocs.com | Chesterfield, United States |
Investor details for Utiba
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Board of directors of Utiba Software (India) Private Limited (Utiba)
Utiba Software (India) Private Limited is the primary company behind Utiba. The board of Utiba Software (India) Private Limited currently have 2 directors; the longest-serving is Justin Misha Ho, appointed in 2012. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Justin Misha Ho DIN 05123403 | Director | 24 Feb 2012 | 14 yrs 8 mo | Utiba Software (India) Private Limited |
| Richard Victor Matotek DIN 05123411 | Director | 24 Feb 2012 | 14 yrs 8 mo | Utiba Software (India) Private Limited |
People of Utiba
1 people are tracked at Utiba (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Co-CEO | Leadership |
Complete people profiles for Utiba
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Financials of Utiba
Figures of Utiba Software (India) Private Limited, the primary company behind Utiba, for FY 2019. Revenue was ₹71,058 (-21% year on year). Net loss was -₹1.1 Lakh (-152% margin). EBITDA was -₹1.1 Lakh (-152% margin). Revenue has grown at a compounded annual rate of -8% over three years.
- ₹71,058Revenue · FY 2019 · -21% YoY
- -₹1.1 LakhNet loss · -152% margin
- -₹1.1 LakhEBITDA · -152% margin
- ₹5 LakhPaid-up capital
- -8%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Utiba Software (India) Private Limited are on its company page.
Detailed financial statements for Utiba
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Timeline of Utiba
2 dated milestones of Utiba across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Utiba is founded.
- Exit Acquired by Amdocs.
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Frequently Asked Questions about Utiba
Utiba was founded in 2001.
Utiba is headquartered in Singapore, Singapore.
Richard Matotek is the CEO of Utiba, as recorded in our data. They have also founded this company.
The primary company behind Utiba, Utiba Software (India) Private Limited, reported revenue of ₹71,058 for FY 2019, down 21% year on year.
Utiba was founded in 2001 in Singapore as a provider of mobile transaction systems. Funds are transferred worldwide using only the recipients mobile number, with services encompassing electronic top-ups, airtime sharing, and wallet-based transfers. These operations connect to mobile operators, banks, microfinance institutions, retail merchants, and remittance agencies, supporting both domestic and international borders.
Utiba has 1 investor. Key investors include Amdocs.
Utiba operates through Utiba Software (India) Private Limited.
Yes. Utiba was acquired by Amdocs in December 2014.
The legal entities of Utiba currently have 2 directors, including Justin Misha Ho, Richard Victor Matotek.