About Vishwast Pay
Vishwast Pay is a Financial Services company based in Nashik (India) founded in 2022. It offers agent-based payment solutions tailored for businesses. It operates on a B2B model. Its focus areas include Payments, Payment Solutions and Agent-based Systems. Its legal entity in India is Vishwast Digital Payment Solutions Private Limited (U72900MH2022PTC381448). Its competitors include Dvara KGFS, Pay Point India and Kaleidofin; 3 of its 3 listed competitors have raised funding.
Company details
Vishwast Pay, based in Nashik, focuses on offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent-based systems. Offers agent-based payment solutions tailored for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Nashik, India
- Employees 1
- SectorsFinancial Services
- Website vishwastpay.in
- Social Facebook
- Legal Name Vishwast Digital Payment Solutions Private Limited
- Date of Incorporation 26 Apr, 2022
- Jurisdiction Jalgaon, Maharashtra, India
- Annual Revenue₹8,100
FY 2023
- Net Loss-₹2.4 Lakh
FY 2023 · -2915% margin
- EBITDA-₹4,020
FY 2023 · -50% margin
- Employee Count1
Associated legal entities of Vishwast Pay
Vishwast Pay operates through Vishwast Digital Payment Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vishwast Digital Payment Solutions Private Limited CIN U72900MH2022PTC381448 | Active | 26 Apr 2022 | Jalgaon, Maharashtra | ₹0.0 Cr | 2 | View details |
Board of directors of Vishwast Digital Payment Solutions Private Limited (Vishwast Pay)
Vishwast Digital Payment Solutions Private Limited is the primary company behind Vishwast Pay. The board of Vishwast Digital Payment Solutions Private Limited currently have 2 directors; the longest-serving is Surekha Sahebrao Patil, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surekha Sahebrao Patil DIN 09586444 | Director | 26 Apr 2022 | 4 yrs 6 mo | Vishwast Digital Payment Solutions Private Limited |
| Mayur Sahebrao Patil DIN 09586443 | Director | 26 Apr 2022 | 4 yrs 6 mo | Vishwast Digital Payment Solutions Private Limited |
Financials of Vishwast Pay
Figures of Vishwast Digital Payment Solutions Private Limited, the primary company behind Vishwast Pay, for FY 2023. Revenue was ₹8,100. Net loss was -₹2.4 Lakh (-2915% margin). EBITDA was -₹4,020 (-50% margin).
- ₹8,100Revenue · FY 2023
- -₹2.4 LakhNet loss · -2915% margin
- -₹4,020EBITDA · -50% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Vishwast Digital Payment Solutions Private Limited are on its company page.
Detailed financial statements for Vishwast Pay
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- Financial ratios
- Five-year trends
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Competitors of Vishwast Pay
Vishwast Pay has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Pay Point India and Kaleidofin.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| paypointindia.com | 2007 | Mumbai, India | $7.74M | 346 | Digital financial and retail services are provided via agent networks. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending |
Detailed competitors of Vishwast Pay
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- Full competitor set
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Vishwast Pay (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 Vishwast Pay
Vishwast Pay was founded in 2022.
Vishwast Pay is headquartered in Nashik, India. It is registered at Nashik, Maharashtra, India.
Vishwast Pay has 1 employees.
The primary company behind Vishwast Pay, Vishwast Digital Payment Solutions Private Limited, reported revenue of ₹8,100 for FY 2023.
Vishwast Pay, based in Nashik, focuses on offering financial products and advice, facilitating payment transactions, providing payment solutions, and agent-based systems. Offers agent-based payment solutions tailored for businesses. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Vishwast Pay's top competitors include Pay Point India, Kaleidofin and Dvara KGFS.
Vishwast Pay operates through Vishwast Digital Payment Solutions Private Limited.
The legal entities of Vishwast Pay currently have 2 directors, including Surekha Sahebrao Patil, Mayur Sahebrao Patil.