About Z2P
Z2P is a Financial Services company based in Hyderabad (India) founded in 2016, and was acquired by PayMate in May 2018. It operates as a microloans are facilitated via a P2P lending platform for consumers. Z2P has raised $90.23 thousand across 2 funding rounds from investors including PayMate, Veerabhadra Patil and Guneet Kaur. Z2P was last valued at $760.81 thousand in May 2017. Its Indian entity Zaitech Technologies Private Limited reported revenue of ₹2.20 Cr. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include MicroGraam, DailyPe, p2p Microfinance, Svadhan and Kiara Microcredit and 3 more; 2 of its 8 listed competitors have raised funding.
Company details
Z2P was established in 2016 in Hyderabad, India, as a peer-to-peer lending application in the fintech sector. Microloans ranging from INR 1,000 to INR 20,000 are offered to borrowers, while lenders can invest starting from INR 500 and receive interest up to 5 per month. Flexible repayment options, including monthly or weekly EMIs, are provided, with disbursements processed within 24 hours.
- Headquarters Hyderabad, India
- SectorsFinancial Services
- Website z2p.biz
- Social LinkedIn Facebook
- Acquired by PayMate (May 2018)
- Legal Name Zaitech Technologies Private Limited
- Date of Incorporation 23 Mar, 2016
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Z2P
Z2P operates through Zaitech Technologies Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Zaitech Technologies Private Limited CIN U72400MH2016PTC312732 | Amalgamated | 23 Mar 2016 | Mumbai, Maharashtra | ₹2.2 Cr | – | 2 | View details |
Funding Insights of Z2P
Z2P has successfully raised a total of $90.23K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $15.53 thousand completed in May 2017. 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 $90,233
- Total Rounds 2
- Last Round Angel Round — $15,530
- First Round $74,703
(Jul 2016)
- Investors Count 11
All 2 funding rounds of Z2P 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 |
|---|---|---|---|---|---|
| May 2017 | $15,530 | Angel Round | $760,809 | Veerabhadra Patil | – |
| Jul 2016 | $74,703 | Angel Round | $595,600 | Guneet Kaur, Mohan Deep Singh | – |
Last known valuation $760,809 (May 2017). 12 investors in total: 1 institutional and 11 angel.
Investors in Z2P
Z2P has secured backing from 12 investors, including angel investors. Prominent investors backing the company include PayMate, Veerabhadra Patil and Guneet Kaur.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VP Veerabhadra Patil | - | – | unknown_cd330f47acbd49db8 | - |
GK Guneet Kaur | - | – | unknown_268f69e49cd84ed28 | - |
MD Mohan Deep Singh | - | – | unknown_ea4b0584f5684c58a | - |
MS Mandeep Singh | - | – | unknown_e33ed08c2d0741799 | - |
RP Rajiv Patkar | - | – | unknown_caf4d4c93ec74f7ca | - |
VR Vemuri Ramachandra Kumar | - | – | unknown_f7ff58a9c8644721b | - |
RG Ranjit Gupta | Angel investor and entrepreneur, co-founder of Punchh, focused on tech startups | – | unknown_09548f1fab114037a | - |
SD Santosh Devaiah | - | – | unknown_35f1eea688104a338 | - |
BC Bharat Chadha | Angel investor and entrepreneur, focused on tech startups in India. | – | unknown_f49fd38437ac44858 | - |
VB Vikram Bose | - | – | unknown_f53a4eed1d424a919 | - |
Investor details for Z2P
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Zaitech Technologies Private Limited (Z2P)
Zaitech Technologies Private Limited is the primary company behind Z2P. The board of Zaitech Technologies Private Limited currently have 2 directors; the longest-serving is Rajat Yadav, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajat Yadav DIN 07480486 | Director | 23 Mar 2016 | 10 yrs 6 mo | Zaitech Technologies Private Limited |
| Shubham Tiwari DIN 08441371 | Director | 03 May 2019 | 7 yrs 5 mo | Zaitech Technologies Private Limited |
Financials of Z2P
Figures of Zaitech Technologies Private Limited, the primary company behind Z2P, for FY 2019. Revenue was ₹2.20 Cr (+338% year on year). EBITDA was -₹5.5 Lakh (-2% margin).
- ₹2.20 CrRevenue · FY 2019 · +338% YoY
- -₹5.5 LakhEBITDA · -2% margin
Balance sheet, profit and loss, cash flow and ratios of Zaitech Technologies Private Limited are on its company page.
Detailed financial statements for Z2P
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Z2P
4 dated milestones of Z2P across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Z2P is founded.
- Funding First funding round of $75K.
- Funding Latest funding round, Angel Round, of $16K.
- Exit Acquired by PayMate.
Competitors of Z2P
Z2P has 8 listed competitors in our database, 2 of them funded. They include MicroGraam, DailyPe, p2p Microfinance, Svadhan and Kiara Microcredit, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| micrograam.com | 2009 | Bengaluru, India | $859,215 | – | Microloans are facilitated via a P2P platform for rural borrowers. | |
| dailype.in | 2022 | Surat, India | $125,000 | 12 | Online lending marketplace for business financing | |
| p2pmicrofin.org | 2010 | Pilani, India | – | 32 | Operates a peer-to-peer microfinance platform. | |
| svadhan.com | 2022 | Kochi, India | – | – | Developer of a microfinance marketplace app connecting lenders and microfinance customers | |
| kiaramicrocreditweb.com | 2016 | Madurai, India | – | 163 | Operates an online platform offering micro loans to individuals. | |
| wecareindia.org | 2011 | Gulbarga, India | – | – | Operates as a P2P marketplace for microloans. | |
| vizzve.com | 2015 | Bengaluru, India | – | – | Operates an online lending platform offering microloans. | |
| microfinancebazaar.com | 2022 | Varanasi, India | – | – | An AI and SaaS-based P2P lending platform for consumers. |
Detailed competitors of Z2P
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
10 companies that operate in the same segment as Z2P (Alternative Lending), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Diversified loans are provided via an AI-enabled online marketplace. | 2012 | Palo Alto, California, United States | USD 128.65 M | USD 1.04 B | 1,190 | |
Various consumer loans and financial services are offered online. | 2011 | San Francisco, California, United States | USD 3.04 B | USD 4.77 B | 6,843 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | 4,683 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 | |
Credit score checking and comparison platform for financial products | 2007 | San Francisco, California, United States | USD 869.77 M | – | 1,487 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Z2p
Complete news archive for Z2P
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Z2P
Z2P was founded in 2016.
Z2P is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Z2P is a funded company, having raised a total of $90.23K across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $74.7K, raised on Jul 2016.
The primary company behind Z2P, Zaitech Technologies Private Limited, reported revenue of ₹2.20 Cr for FY 2019, up 338% year on year.
Z2P was established in 2016 in Hyderabad, India, as a peer-to-peer lending application in the fintech sector. Microloans ranging from INR 1,000 to INR 20,000 are offered to borrowers, while lenders can invest starting from INR 500 and receive interest up to 5 per month. Flexible repayment options, including monthly or weekly EMIs, are provided, with disbursements processed within 24 hours.
Z2P's top competitors include MicroGraam, DailyPe and Svadhan.
Z2P has 12 investors. Key investors include PayMate, Veerabhadra Patil, Guneet Kaur, Mohan Deep Singh, and Mandeep Singh.
The valuation of Z2P is $760.81K as of May 2017.
Z2P operates through Zaitech Technologies Private Limited.
Yes. Z2P was acquired by PayMate in May 2018.
The legal entities of Z2P currently have 2 directors, including Shubham Tiwari, Rajat Yadav.