
About Xmonies
Xmonies is a Financial Services company based in Noida (India) founded in 2022. Facilitates secure cross-border money transfers for consumers. It operates on a B2C model. Xmonies has raised $209 thousand across 1 funding round. Its Indian entity Xeopar Fintech Private Limited reported revenue of βΉ19.67 Cr. Its focus areas include Payments, Remittances and Cross-Border Transfers.
Company details
Xmonies facilitates secure cross-border money transfers for consumers through offering financial products and advice, facilitating payment transactions, remittances, and cross-border transfers. 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 Noida, India
- SectorsFinancial Services
- Website xmonies.com
- Legal Name Xeopar Fintech Private Limited
- Date of Incorporation 24 Aug, 2018
- Jurisdiction Noida, Uttar Pradesh, India
- Annual Revenue₹19.67 Cr
FY 2024 · +98% YoY
- Net Loss-₹17.1 Lakh
FY 2024 · -1% margin
- EBITDA-₹16.4 Lakh
FY 2024 · -1% margin
- Total Equity Funding$209K (USD)
in 1 rounds
- Latest Funding Round$209K (USD), Seed
Jul 2022
Associated legal entities of Xmonies
Xmonies operates through Xeopar Fintech 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 |
|---|---|---|---|---|---|---|---|
| Xeopar Fintech Private Limited CIN U67100UP2018PTC107164 | Active | 24 Aug 2018 | Noida, Uttar Pradesh | ₹19.7 Cr | 2 | View details |
Funding Insights of Xmonies
Xmonies has successfully raised a total of $209K through 1 strategic funding round. The most recent funding activity was a Seed round of $209 thousand completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $209,000
- Total Rounds 1
- Last Round Seed β $209,000
- First Round $209,000
(Jul 2022)
All 1 funding rounds of Xmonies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $209,000 | Seed | β | β | β |
Board of directors of Xeopar Fintech Private Limited (Xmonies)
Xeopar Fintech Private Limited is the primary company behind Xmonies. The board of Xeopar Fintech Private Limited currently have 2 directors; the longest-serving is Vikas Chandra Saxena, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Chandra Saxena DIN 07165815 | Director | 24 Aug 2018 | 8 yrs 2 mo | Xeopar Fintech Private Limited |
| Arvind Kumar Gupta DIN 08206740 | Director | 24 Aug 2018 | 8 yrs 2 mo | Xeopar Fintech Private Limited |
Financials of Xmonies
Figures of Xeopar Fintech Private Limited, the primary company behind Xmonies, for FY 2024. Revenue was ₹19.67 Cr (+98% year on year). Net loss was -₹17.1 Lakh (-1% margin). EBITDA was -₹16.4 Lakh (-1% margin). Revenue has grown at a compounded annual rate of +747% over three years and +440% over five years.
- ₹19.67 CrRevenue · FY 2024 · +98% YoY
- -₹17.1 LakhNet loss · -1% margin
- -₹16.4 LakhEBITDA · -1% margin
- ₹78.4 LakhPaid-up capital
- +747%Revenue CAGR, 3 years
- +440%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xeopar Fintech Private Limited are on its company page.
Detailed financial statements for Xmonies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Xmonies
2 dated milestones of Xmonies, from founding to its latest funding, stage changes and deals.
- Founded Xmonies is founded.
- Funding First funding round of $209K.
Web traffic of Xmonies
The website of Xmonies (xmonies.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 40.8% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Xmonies (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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Related news about Xmonies
Complete news archive for Xmonies
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Frequently Asked Questions about Xmonies
Xmonies was founded in 2022.
Xmonies is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
Xmonies is a funded company, having raised a total of $209K across 1 funding round to date. The company's 1st funding round was a Seed of $209K, raised on Jul 2022.
The primary company behind Xmonies, Xeopar Fintech Private Limited, reported revenue of βΉ19.67 Cr for FY 2024, up 98% year on year.
Xmonies facilitates secure cross-border money transfers for consumers through offering financial products and advice, facilitating payment transactions, remittances, and cross-border transfers. 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.
Xmonies operates through Xeopar Fintech Private Limited.
The legal entities of Xmonies currently have 2 directors, including Vikas Chandra Saxena, Arvind Kumar Gupta.
