About Viola Money
Viola Money was a Financial Services company based in Hyderabad (India) founded in 2012. It offers virtual prepaid cards and wallet solutions for secure digital transactions. It operates on a B2C model. The company has 48 employees. Its Indian entity Viola Services (India) Private Limited reported revenue of ₹5.2 Lakh. The company is recorded as dissolved. Its focus areas include FinTech, Digital Payments and Virtual Wallets. Its competitors include PhoneParLoan, Blink Card and Eazykred; 1 of its 3 listed competitors has raised funding.
Company details
Viola Money, established in 2012, excels in offering financial products and advice, innovating financial technology, digital payments, and virtual wallets. Offers virtual prepaid cards and wallet solutions for secure digital transactions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Hyderabad, India
- Employees 48
- SectorsFinancial Services
- Website violamoney.com
- Social Facebook
- Legal Name Viola Services (India) Private Limited
- Date of Incorporation 15 Jun, 2016
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹5.2 Lakh
FY 2018 · +21411% YoY
- Net Loss-₹6.58 Cr
FY 2018 · -12717% margin
- EBITDA-₹5.61 Cr
FY 2018 · -10835% margin
- Employee Count48
Associated legal entities of Viola Money
Viola Money operates through Viola Services (India) Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Viola Services (India) Private Limited CIN U74999TG2016PTC110281 | Active | 15 Jun 2016 | Hyderabad, Telangana | ₹0.1 Cr | 48 | 2 | View details |
Board of directors of Viola Services (India) Private Limited (Viola Money)
Viola Services (India) Private Limited is the primary company behind Viola Money. The board of Viola Services (India) Private Limited currently have 2 directors; the longest-serving is Tanveer Shahid, appointed in 2016. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tanveer Shahid DIN 07518399 | Managing Director | 15 Jun 2016 | 10 yrs 4 mo | Viola Services (India) Private Limited |
| Asra Fathima DIN 08710169 | Director | 25 Feb 2020 | 6 yrs 7 mo | Viola Services (India) Private Limited |
Financials of Viola Money
Figures of Viola Services (India) Private Limited, the primary company behind Viola Money, for FY 2018. Revenue was ₹5.2 Lakh (+21411% year on year). Net loss was -₹6.58 Cr (-12717% margin). EBITDA was -₹5.61 Cr (-10835% margin).
- ₹5.2 LakhRevenue · FY 2018 · +21411% YoY
- -₹6.58 CrNet loss · -12717% margin
- -₹5.61 CrEBITDA · -10835% margin
- ₹5.00 CrPaid-up capital
- 48Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Viola Services (India) Private Limited are on its company page.
Detailed financial statements for Viola Money
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Competitors of Viola Money
Viola Money has 3 listed competitors in our database, 1 of them funded. They include PhoneParLoan, Blink Card and Eazykred.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| phoneparloan.in | 2015 | Delhi, India | $611,171 | Personal loans are provided via an online marketplace for consumers. | ||
| blinkcard.in | 2022 | Krishna, India | Offers virtual prepaid debit cards for online and NFC payments with security features. | |||
| eazykred.com | 2021 | Bengaluru, India | Offers virtual prepaid card solutions for individual users. |
Detailed competitors of Viola Money
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Frequently Asked Questions about Viola Money
Viola Money was founded in 2012.
Viola Money is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Viola Money has 48 employees.
The primary company behind Viola Money, Viola Services (India) Private Limited, reported revenue of ₹5.2 Lakh for FY 2018, up 21411% year on year.
Viola Money, established in 2012, excels in offering financial products and advice, innovating financial technology, digital payments, and virtual wallets. Offers virtual prepaid cards and wallet solutions for secure digital transactions. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Viola Money's top competitors include PhoneParLoan, Blink Card and Eazykred.
Viola Money operates through Viola Services (India) Private Limited.
The legal entities of Viola Money currently have 2 directors, including Asra Fathima, Tanveer Shahid.