About ZeFi
ZeFi is a Financial Services company based in San Francisco (United States) founded in 2020 by Md Halim. Cross-border transfers are facilitated via cryptocurrency and stable coins. ZeFi has raised $125 thousand across 1 funding round from investors including Y Combinator. Its chief executive, as recorded, is Md Halim. Its Indian entity Authlayer Labs Private Limited reported revenue of ₹66.2 Lakh. Its focus areas include FinTech, Digital Remittance, Internet First Platforms and P2P Remittance. Its competitors include Metal Pay and Bitwage; 1 of its 2 listed competitors has raised funding.
Company details
ZeFi was founded in 2020 in San Francisco, United States, as a cryptocurrency platform in the fintech sector. Cross-border money transfers are enabled by converting user deposits into stable coins for lending. Global payments are sent and received through digital wallets, supporting international transactions. Operations focus on secure, efficient remittance services across borders.
- Headquarters San Francisco, United States
- Founders Md Halim
- SectorsFinancial Services
- Email••••••••
- Website zefi.io
- Social LinkedIn X
- Legal Name Authlayer Labs Private Limited
- Date of Incorporation 19 Sep, 2019
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹66.2 Lakh
FY 2024 · +20% YoY
- Indian entity net profit₹7.5 Lakh
FY 2024 · 11% margin
- Indian entity EBITDA₹11.3 Lakh
FY 2024 · 17% margin
- Total Equity Funding$125K (USD)
in 1 rounds
- Latest Funding Round$125K (USD), Seed
Mar 2020
- Investors
Associated legal entities of ZeFi
ZeFi operates through Authlayer Labs 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 |
|---|---|---|---|---|---|---|---|
| Authlayer Labs Private Limited CIN U72900KA2019PTC128077 | Active | 19 Sep 2019 | Bangalore, Karnataka | ₹0.7 Cr | 2 | View details |
Funding Insights of ZeFi
ZeFi has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in March 2020. 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 $125,000
- Total Rounds 1
- Last Round Seed — $125,000
- First Round $125,000
(Mar 2020)
- Investors Count 1
All 1 funding rounds of ZeFi 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 |
|---|---|---|---|---|---|
| Mar 2020 | $125,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in ZeFi
ZeFi has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States |
Investor details for ZeFi
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 Authlayer Labs Private Limited (ZeFi)
Authlayer Labs Private Limited is the primary company behind ZeFi. The board of Authlayer Labs Private Limited currently have 2 directors; the longest-serving is Halim Md, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Halim Md DIN 08566863 | Director | 19 Sep 2019 | 7 yrs 1 mo | Authlayer Labs Private Limited |
| Rahul Sharma DIN 08474706 | Director | 28 Dec 2020 | 5 yrs 10 mo | Authlayer Labs Private Limited |
People of ZeFi
3 people are tracked at ZeFi (1 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Abdullah Alam | Software Developer | Team |
Shivam Saxena | Software Engineer | Team |
Complete people profiles for ZeFi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of ZeFi
Figures of Authlayer Labs Private Limited, the primary company behind ZeFi, for FY 2024. Revenue was ₹66.2 Lakh (+20% year on year). Net profit was ₹7.5 Lakh (11% margin). EBITDA was ₹11.3 Lakh (17% margin). Revenue has grown at a compounded annual rate of +30% over three years.
- ₹66.2 LakhRevenue · FY 2024 · +20% YoY
- ₹7.5 LakhNet profit · 11% margin
- ₹11.3 LakhEBITDA · 17% margin
- ₹10,000Paid-up capital
- +30%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Authlayer Labs Private Limited are on its company page.
Detailed financial statements for ZeFi
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 ZeFi
2 dated milestones of ZeFi, from founding to its latest funding, stage changes and deals.
- Founded ZeFi is founded.
- Funding First funding round of $125K.
Competitors of ZeFi
ZeFi has 2 listed competitors in our database, 1 of them funded. They include Metal Pay and Bitwage.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| metalpay.com | 2016 | San Francisco, United States | 36 | Blockchain remittances are enabled with METAL reward currency. | ||
| bitwage.com | 2013 | San Francisco, United States | $2.26M | 10 | Cryptocurrency-based payroll and invoicing services are provided internationally. |
Detailed competitors of ZeFi
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.
Web traffic of ZeFi
The website of ZeFi (zefi.io) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 126.4% vs previous month
Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as ZeFi (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Frequently Asked Questions about ZeFi
ZeFi was founded in 2020.
ZeFi is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Md Halim is the CEO of ZeFi, as recorded in our data. They have also founded this company.
ZeFi is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Mar 2020.
The primary company behind ZeFi, Authlayer Labs Private Limited, reported revenue of ₹66.2 Lakh for FY 2024, up 20% year on year.
ZeFi was founded in 2020 in San Francisco, United States, as a cryptocurrency platform in the fintech sector. Cross-border money transfers are enabled by converting user deposits into stable coins for lending. Global payments are sent and received through digital wallets, supporting international transactions. Operations focus on secure, efficient remittance services across borders.
ZeFi has 1 investor. Key investors include Y Combinator.
ZeFi operates through Authlayer Labs Private Limited.
The legal entities of ZeFi currently have 2 directors, including Halim Md, Rahul Sharma.