Company lists
The Uttar Pradesh edition · 2026

Paymentscompanies in Uttar Pradesh

Bill payments, online payments, banking tech, wallets & cards, POS payments and more: the companies building payments in Uttar Pradesh, with their founders, funding, team size and business models.

180 company profiles53 with reported revenue10 with recorded fundingOctober 2026 edition

Recent payments business events in Uttar Pradesh

Funding, M&A, contract wins and launches involving 306 payments companies in Uttar Pradesh, last 24 months: 24 M&A deals · 7 Contracts · 6 launches · 4 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingSeries Funding

Paytm

Digital payments major Paytm is looking at raising another round of funding of $1 billion, and is in discussion with multiple investors, including former UK Prime Minister David Cameron,…

Investors David Cameron
Digital payments
M&AAcquisition · Completed

Elevation capital acquires One97 communications

Elevation Capital V Limited has made a sale of equity shares of One97 Communications Limited (parent company of PayTM) on the NSE and BSE for an aggregate consideration of ₹963.6 crore.

M&AAcquisition · Completed

Pine labs acquires Shopflo Technologies

Obhan Mason, a leading law firm, was lead legal counsel to Pine Labs, a leading merchant commerce platform, on its acquisition of Shopflo Technologies, a SaaS-based online checkout…

SaaS-based online checkout platform
M&AAcquisition · Announced

Pine labs acquires Shopflo

Pine Labs’ ₹88 crore acquisition of Shopflo

Fintech
M&AMerger · Announced

Mobile money acquires Mobile

He also pointed to a significant milestone in the company’s operations with the approval of the merger between Mobile Money Limited and Mobile FinTech Limited.

FundingRights Issue

Paytm Payments

We hereby inform you that the Company has on December 12, 2025, completed the additional investment of Rs 2,250 crores in its wholly-owned subsidiary, Paytm Payments Services Limited,…

Fintech
M&AMerger · Pending

Mobile money acquires Mobile money

approved the merger of Mobile Money Limited (MML) and Mobile Money Fintech Limited.

Fintech
Contract

Paytm · client: Foster Payment Networks

Paytm: Company will acquire a 90% stake in Foster Payment Networks from Paytm Financial Services for Rs 55 crore. (Neutral) Zuari Agro: Company allotted 69 lakh compulsorily convertible…

Payments
M&AMerger · Announced

Digispice technologies acquires E-Arth Travel Solutions

The scheme involves the merger of Spice Money Limited, E-Arth Travel Solutions Private Limited, and Vikasni Fintech Private Limited into DiGiSPICE Technologies Limited.

Travel
M&AMerger · Announced

Digispice technologies acquires Spice money

The scheme involves the merger of Spice Money Limited, E-Arth Travel Solutions Private Limited, and Vikasni Fintech Private Limited into DiGiSPICE Technologies Limited.

Fintech
M&AAcquisition · Completed

Na acquires One97 communications

Ant Financial in the Industryman Jack Ma has sold its entire 5.84 percent stake in the PTM’s parent company One97 Communications in about Rs 3,803 crore.

M&AMerger · Announced

Finwizz acquires Wishfin

Spice Route Legal is pleased to have advised Finwizz, India's Leading Credit Intermediary, on its strategic merger with Mywish Marketplaces (Wishfin), to create an omni-channel financial…

Financial technology / Lending
M&AMerger · Announced

Wishfin acquires Na

Noida-based Wishfin, a digital financial marketplace that counts global asset manager Franklin Templeton and venture capital firm General Catalyst among its backers, has agreed to merge…

Financial services
M&AAcquisition · Rumored

Goldman sachs acquires Paytm

It has been reported that Antfin, a subsidiary of the Chinese tech giant Alibaba Group, is considering selling a stake of up to 4% in Paytm, valued at INR 2,200 crore, via block deals.

Fintech
M&AAcquisition · Announced

Goldman sachs acquires One97 communications

Investment banking firm Goldman Sachs, through its arm Goldman Sachs (Singapore), acquired 3.74 million shares, or a 0.59% stake, in One97 Communications for Rs 307.43 crore.

Technology
M&AAcquisition · Announced

Na acquires One97 communications

Ant Group, through its affiliate Antfin (Netherlands) Holding BV, has announced plans to sell a 4% stake in fintech company One97 Communications Ltd—the parent firm of Paytm—for…

Financial Services / Fintech
M&AAcquisition · Completed

Transaction solutions international acquires Bankit

For a total of Rs 160 crore ($18.7 million), Findi Ltd’s subsidiary Transaction Solutions International (India) Pvt Ltd (TSI) has successfully acquired BANKIT Services Pvt. Ltd.

Financial Services
M&AAcquisition · Completed

Findi Ltd acquires Bankit

Findi Ltd (ASX: FND), through its majority-owned subsidiary Transaction Solutions International (India) Pvt Ltd (TSI), today announced the successful completion of its acquisition of…

Fintech
M&AAcquisition · Announced

Findi acquires Bankit Services

Australia-based FinTech Findi, through its majority-owned subsidiary Transaction Solutions International in India (TSI), has announced the acquisition of BANKIT Services for $18.7…

Banking and Financial Services
M&AAcquisition · Announced

Findi Ltd acquires Bankit Services

Findi Ltd acquired fintech company Bankit Services for AU$30 million through its majority-owned subsidiary Transaction Solutions International (India) Pvt Ltd (TSI).

ContractTechnology

Ebixcash · client: Karnataka state road transport corporation

The five-year contract, valued at approximately ₹33.5 crore, encompasses all State-run buses and involves the deployment of Ebixcash's Automatic Fare Collection System (AFCS) on…

LaunchOmnicard

Omnicard

Omnicard is India’s first and only bank-independent UPI-enabled omnichannel payment platform. Launched in 2021, it combines cutting-edge technology and strategic collaborations to…

Payment Platform
M&AAcquisition · Announced

SoftBank Vision Fund 2 Unit acquires One97 communications

Paytm said that its subsidiary is approved to sell all its stock acquisition rights (SAR) in Pepe Corporation, Japan at the Board Meeting of One97 Communications Singapore Private…

FinTech
M&AAcquisition · Announced

Softbank acquires Paytm

Paytm is understood to be selling its stake in the company to SoftBank in a deal pegged at about $250 million.

Fintech
M&AAcquisition · Announced

Toucan Payments India acquires Paynet systems

Toucan Payments India has acquired Neo Banking Software Platform PayNet Systems as part of its expansion journey.

Neo Banking Software Platform
LaunchPayoCardz

Payomatix

Marking its entry into the prepaid card sector, Payomatix introduces PayoCardz, which includes a variety of prepaid options such as Gift Cards and General Purpose Reloadable (GPR) Cards.

Prepaid Card

Payments companies in Uttar Pradesh, by revenue

Browse payments companies in Uttar Pradesh by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 53 payments companies in Uttar Pradesh that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Provider of online platform for payments, recharges, financial, and travel services

Payments
₹7,624.90 crFY 2024-25
-28%2024–2025
5,111-18% 12 mo to Jul 2024LinkedIn · Jul 2026
26 yr2000
52postings · last posted Sep 2026

Provider of in-store and online payment, prepaid, and financial solutions

Payments
₹1,743.27 crFY 2023-24
+31%2023–2024
6,050-76% 12 mo to Sep 2024LinkedIn · Jul 2026
28 yr1998
13postings · last posted Sep 2026

Digital payment solutionprovider

Payments
₹898.51 crFY 2024-25
+2%2024–2025
1,873+3% 12 mo to Aug 2024recorded Aug 2024
11 yr2015
0none in 3 months

Digital payment and banking service provider in rural areas

Payments
₹459.78 crFY 2023-24
+4%2023–2024
2,031-9% 12 mo to Nov 2023LinkedIn · Jul 2026
26 yr2000
2postings · last posted Sep 2026

White-labeled payment card solution for businesses

Payments
₹188.28 crFY 2024-25
-34%2024–2025
229-4% 12 mo to Sep 2024LinkedIn · Jul 2026
25 yr2001
0none in 3 months

Provider of reloadable prepaid cards for consumers

Payments
₹176.01 crFY 2024-25
+3%2024–2025
416+11% 12 mo to Sep 2024recorded Sep 2024
16 yr2010
0none in 3 months

Agent based payment solutions for consumers

Payments
₹129.93 crFY 2023-24
+141%2023–2024
8+0% 12 mo to Mar 2024recorded Mar 2024
6 yr2020
0none in 3 months

Customized card solutions for consumers and businesses

Payments
₹88.70 crFY 2022-23
+255%2022–2023
3LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of suit solutions for accounting and finance management for small and medium businesses

Payments
₹65.33 crFY 2024-25
+319%2024–2025
69+100% 12 mo to Aug 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Agent based payment solutions for businesses

Payments
₹56.54 crFY 2021-22
Not reported
—Not available
6 yr2020
0none in 3 months

Wallet-enabled money transfer with bill payments, recharge, travel bookings, and insurance

Payments
₹52.99 crFY 2024-25
-56%2024–2025
69-40% 12 mo to Sep 2024recorded Sep 2024
7 yr2019
0none in 3 months

NFC-enabled prepaid card payment solution for consumers

Payments
₹52.90 crFY 2024-25
+328%2024–2025
—Not available
7 yr2019
0none in 3 months

Platform offering one-click checkout and multiple payment gateway through single integration

Payments
₹49.78 crFY 2024-25
+590%2024–2025
76LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Multidimensional platform for businesses

Payments
₹49.47 crFY 2024-25
+244%2024–2025
—Not available
6 yr2020
0none in 3 months

App-based platform for money transfer services, DTH recharge service, mobile recharge services, and utility bill payment

Payments
₹44.39 crFY 2024-25
+36%2024–2025
62+68% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provides payment gateway to accept online payments

Payments
₹42.43 crFY 2024-25
+181%2024–2025
45LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Platform offering business payment solutions to startups

Payments
₹42.07 crFY 2024-25
+156%2024–2025
9LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Payment gateway solutions for service providers and fintech organizations

Payments
₹40.25 crFY 2024-25
+40%2024–2025
61+15% 12 mo to Sep 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Recharge, bill payment, and payment acceptance for businesses

Payments
₹39.11 crFY 2024-25
+81%2024–2025
—Not available
4 yr2022
0none in 3 months

Provider of platform comparing financial products, including loans and credit cards

Payments
₹38.18 crFY 2024-25
-30%2024–2025
643-42% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
1postings · last posted Sep 2026

App-based wallet for money transfers & bill payments

Payments
₹35.16 crFY 2024-25
-54%2024–2025
21-18% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Dec 2025

Modular payment solution provider for merchants with UPI, POS, and bill payment solutions

Payments
₹29.81 crFY 2021-22
-27%2021–2022
41LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of digital platforms for comparing personal loans credit cards

Alternative lending
₹31.32 crFY 2024-25
+57%2024–2025
421LinkedIn · Jul 2026
6 yr2020
0none in 3 months · last posted Jul 2026

Payment processing solutions for businesses

Payments
₹29.09 crFY 2022-23
Not reported
209LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of payment processing solutions for businesses and global trade

Payments
₹20.80 crFY 2021-22
Not reported
9LinkedIn · Jul 2026
10 yr2016
0none in 3 months
50 of 180 companies shown here · the full list is on Radar
Fliar Radar

Explore all 180 payments companies in Uttar Pradesh on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open payments in Uttar Pradesh on Radar
  • Every company, not just 50All 180 payments companies in Uttar Pradesh, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
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Explore payments companies in Uttar Pradesh by what you are looking for

Find payments companies in Uttar Pradesh, from online payments and bill payments providers to digital payments and payment gateway firms. Browse payments startups in Uttar Pradesh by type, plus listed companies and those that are hiring.

9 ways to explore payments in Uttar Pradesh

Bill payment & recharge companiesOnline payments & payment gateway companiesDigital banking & payments bank technologyDigital wallet & prepaid card companiesPOS & in-store payment terminal companiesBusiness payments, invoicing & accounting software

Bill payment & recharge companies

Platforms for paying utility bills, mobile recharges and other everyday bills online.

  1. JVM PAY

    App-based platform for money transfer services, DTH recharge service, mobile recharge services, and utility bill payment

    Payments
    See in list
  2. Rajkamal Recharge

    Bill payment platform

    Payments
    See in list
  3. Paytens

    Integrated payment platform for bill payment and recharges

    Payments
    See in list
  4. Dizicash

    Provider of biometric attendance and security systems

    Payments
    Website
  5. Useme

    Platform offering app-based payment solutions for individuals and businesses

    Payments
    Website
55 companies in Uttar Pradesh

Online payments & payment gateway companies

Providers of online payments, UPI, QR code payments and payment gateways for businesses.

  1. Payomatix

    Platform offering one-click checkout and multiple payment gateway through single integration

    Payments
    See in list
  2. Pay Agency

    Payment gateway comparison platform for merchants

    Payments
    Website
  3. webiopr tech

    mobile app web app Ai payment gateway al

    Payments
    Website
  4. NGMB Software Solutions

    Provider of a payment gateway facilitating UPI and card transactions

    Payments
    Website
  5. Frenzopay

    Provides payment gateway to accept online payments

    Payments
    See in list
35 companies in Uttar Pradesh

Digital banking & payments bank technology

Companies offering digital banking, correspondent banking, open banking APIs and payments bank services.

  1. Spice Money

    Digital payment and banking service provider in rural areas

    Payments
    See in list
  2. Digipe

    Savings bank

    Banks
    Website
  3. PayNet

    Provider of white label wallet, mobile banking, and payment cards

    Banking tech
    See in list
  4. Net paisa

    Agent-based payment and correspondent banking solutions

    Payments
    See in list
  5. Gope

    Provider of financial technology solutions, digital payments, and banking services

    Payments
    Website

Digital wallet & prepaid card companies

Providers of digital wallets, prepaid cards and card-based payment products.

  1. Bachat Cards

    NFC-enabled prepaid card payment solution for consumers

    Payments
    See in list
  2. OmniCard

    AI-driven fintech operating system for business payments

    Finance & accounting tech
    See in list
  3. Payhalt

    Online platform for credit card solutions

    Payments
    Website
  4. YPay Card

    Payment cards for teens

    Payments
    Website
  5. BushraPay

    Card-linked wallet for consumers

    Payments
    Website
24 companies in Uttar Pradesh

POS & in-store payment terminal companies

Point-of-sale systems and payment terminals for shops, restaurants and service businesses.

  1. QueueBuster

    Provider of point-of-sale solutions for retail, restaurant, and service businesses

    Payments
    See in list
  2. Quick Pay

    POS hardware solutions for businesses

    Payments
    See in list
  3. HorecaFox

    Cloud-based POS terminal for restaurants

    Payments
    See in list
  4. BachatCoins

    Online rewards point metric system

    Payments
    See in list
  5. BuyNswipe

    Provider of digital payment solutions platform with POS integration capabilities

    Payments
    Website

Business payments, invoicing & accounting software

B2B payments, invoicing, accounts receivable and billing tools for businesses.

  1. Zyro

    Provider of suit solutions for accounting and finance management for small and medium businesses

    Payments
    See in list
  2. CloudBooks

    SaaS invoicing for SMBs

    Finance & accounting tech
    Website
  3. Buxpay

    Invoice payout solution for businesses

    Payments
    Website
  4. PaymentVista

    Online invoicing software for small businesses

    Finance & accounting tech
    Website
  5. ADM Pay

    Platform offering full-stack payment solutions for businesses

    Payments
    Website

Listed payments companies in Uttar Pradesh

Publicly listed payments companies headquartered in Uttar Pradesh.

  1. One97 Communications

    Provider of online platform for payments, recharges, financial, and travel services

    Payments
    See in list
  2. Pine Labs

    Provider of in-store and online payment, prepaid, and financial solutions

    Payments
    See in list
  3. Paytm

    Digital payment platform offering financial services, recharges and more

    Payments
    Website
  4. DiGiSPICE

    Provides suite solutions for government agencies

    Govtech
    Website
4 companies in Uttar Pradesh

Payments startups in Uttar Pradesh

Newer payments companies in Uttar Pradesh founded in the last few years.

  1. CardBuzz

    Customized card solutions for consumers and businesses

    Payments
    See in list
  2. Payomatix

    Platform offering one-click checkout and multiple payment gateway through single integration

    Payments
    See in list
  3. JVM PAY

    App-based platform for money transfer services, DTH recharge service, mobile recharge services, and utility bill payment

    Payments
    See in list
  4. Frenzopay

    Provides payment gateway to accept online payments

    Payments
    See in list
  5. RemitPay

    Agent-based payment solution for businesses

    Payments
    See in list
67 companies in Uttar Pradesh

Payments companies hiring in Uttar Pradesh

Payments companies in Uttar Pradesh with open roles right now.

  1. One97 Communications

    Provider of online platform for payments, recharges, financial, and travel services

    Payments
    See in list
  2. Pine Labs

    Provider of in-store and online payment, prepaid, and financial solutions

    Payments
    See in list
  3. Spice Money

    Digital payment and banking service provider in rural areas

    Payments
    See in list
  4. Wishfin

    Provider of platform comparing financial products, including loans and credit cards

    Payments
    See in list
  5. Tramo

    App-based wallet for money transfers & bill payments

    Payments
    See in list
9 companies in Uttar Pradesh
Mobile reach

Top 10 payments apps from Uttar Pradesh

The most-installed Android apps published by payments companies headquartered in Uttar Pradesh — 732.8M installs between them. 33 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Paytm: Secure UPI Payments

by Paytm

Installs724.4M
Rating4.7723.8M ratings
Installs, year on year+15%
Last updatedMay 2026
View on Google Play ↗
Paytm: Secure UPI Payments screenshot 1Paytm: Secure UPI Payments screenshot 2Paytm: Secure UPI Payments screenshot 3Paytm: Secure UPI Payments screenshot 4Paytm: Secure UPI Payments screenshot 5Paytm: Secure UPI Payments screenshot 6
2

OmniCard: UPI, Card & Rewards

by OmniCard

Installs3.4M
Rating2.7133K ratings
Installs, year on year+42%
Last updatedMay 2026
View on Google Play ↗
OmniCard: UPI, Card & Rewards screenshot 1OmniCard: UPI, Card & Rewards screenshot 2OmniCard: UPI, Card & Rewards screenshot 3OmniCard: UPI, Card & Rewards screenshot 4OmniCard: UPI, Card & Rewards screenshot 5OmniCard: UPI, Card & Rewards screenshot 6
3

Wishfin: CIBIL Score Check App

by Wishfin

Installs1.8M
Rating—
Installs, year on year+12%
Last updatedAug 2025
View on Google Play ↗
Wishfin: CIBIL Score Check App screenshot 1Wishfin: CIBIL Score Check App screenshot 2Wishfin: CIBIL Score Check App screenshot 3Wishfin: CIBIL Score Check App screenshot 4Wishfin: CIBIL Score Check App screenshot 5Wishfin: CIBIL Score Check App screenshot 6
4

YPay: Card & Payments

by YPay Card

Installs1.3M
Rating—
Last updatedJan 2026
View on Google Play ↗
YPay: Card & Payments screenshot 1YPay: Card & Payments screenshot 2YPay: Card & Payments screenshot 3YPay: Card & Payments screenshot 4YPay: Card & Payments screenshot 5YPay: Card & Payments screenshot 6
5

Useme - Social Saving App

by Useme

Installs644K
Rating—
Last updatedMay 2026
View on Google Play ↗
Useme - Social Saving App screenshot 1Useme - Social Saving App screenshot 2Useme - Social Saving App screenshot 3Useme - Social Saving App screenshot 4Useme - Social Saving App screenshot 5Useme - Social Saving App screenshot 6
7

PayMonk microATM-AEPS,BBPS,DMT

by PayMonk

Installs265K
Rating—
Installs, year on year+6%
Last updatedSep 2025
View on Google Play ↗
PayMonk microATM-AEPS,BBPS,DMT screenshot 1PayMonk microATM-AEPS,BBPS,DMT screenshot 2PayMonk microATM-AEPS,BBPS,DMT screenshot 3PayMonk microATM-AEPS,BBPS,DMT screenshot 4PayMonk microATM-AEPS,BBPS,DMT screenshot 5PayMonk microATM-AEPS,BBPS,DMT screenshot 6
8

QueueBuster POS Super App

by QueueBuster

Installs211K
Rating2.67183 ratings
Last updatedAug 2025
View on Google Play ↗
QueueBuster POS Super App screenshot 1QueueBuster POS Super App screenshot 2QueueBuster POS Super App screenshot 3QueueBuster POS Super App screenshot 4QueueBuster POS Super App screenshot 5QueueBuster POS Super App screenshot 6
The business behind the activity

Payments financials in Uttar Pradesh

Revenue, profit and growth from the filed annual accounts of 44 payments companies in Uttar Pradesh for FY24-25 — 59 of the 180 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 91% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹9,708.16 cr

44 companies filing accounts

combined net profit−₹579.30 cr

-6.0% aggregate margin

are profitable61%

27 of 44 companies

median revenue~₹15.3 cr

the typical company

median revenue growth+17%

into FY24-25

earned by the top five91%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,065.67 crFY19-2026 filers
₹3,333.28 crFY20-2131 filers
₹4,159.78 crFY21-2236 filers
₹4,062.28 crFY22-2340 filers
₹12,975.23 crFY23-2445 filers
₹9,708.16 crFY24-2544 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 33 companies over three years

-13%
FY22-23₹3,913.05 cr₹103.48 cr net
FY23-24₹4,522.68 cr₹263.84 cr net
FY24-25₹3,398.00 cr₹207.57 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr944% profitable
₹1–10 cr1164% profitable
₹10–100 cr1867% profitable
₹100–1,000 cr475% profitable
Over ₹1,000 cr250% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking15
0–20%7
20–50%4
50–100%7
Doubled+10

43 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

27profitable
17loss-making
-6.0%aggregate margin
0.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
PayomatixPAYOMATIX TECHNOLOGIES PRIVATE LIMITED+590%₹49.78 cr
Bachat CardsEARNEST DATA ANALYTICS PRIVATE LIMITED+328%₹52.90 cr
EmeraldEmerald Business Ventures Private Limited+244%₹49.47 cr
Atek PaymentsATEK PAYMENTS PRIVATE LIMITED
FrenzopayDIGIDIOS PAYMENTS SERVICES PRIVATE LIMITED+181%₹42.43 cr
LevinLEVIN FINTECH PRIVATE LIMITED+156%₹42.07 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
BonusHubBONUSHUB DIGITAL SOLUTIONS PRIVATE LIMITED37.5%₹40.25 cr
PaySeNUCLEUS SOFTWARE EXPORTS LIMITED19.3%₹838.70 cr
JVM PAYJAHARVIR INFINET PRIVATE LIMITED12.7%₹44.39 cr
FrenzopayDIGIDIOS PAYMENTS SERVICES PRIVATE LIMITED8.1%₹42.43 cr
RupeeqINTUINO BUSINESS CONSULTING INDIA PRIVATE LIMITED7.3%₹31.32 cr
Atek PaymentsATEK PAYMENTS PRIVATE LIMITED
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Payments40₹9,667.60 cr~₹16.9 cr60%-6.0%
Leaders

Largest payments companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
One97 CommunicationsONE 97 COMMUNICATIONS LIMITED₹6,141.50 cr−₹789.00 cr-12.8%-25%
Paytm PaymentsPAYTM PAYMENTS SERVICES LIMITED₹1,192.60 cr₹9.90 cr0.8%
PaySeNUCLEUS SOFTWARE EXPORTS LIMITED₹838.70 cr₹161.76 cr19.3%+3%
Spice MoneySPICE MONEY LIMITED₹467.59 cr₹14.82 cr3.2%+2%
ColorplastCOLORPLAST SYSTEMS PRIVATE LIMITED₹188.28 cr₹9.08 cr4.8%-34%
Bankit Prepaid Cards, Unnati Ka SathiBANKIT SERVICES PRIVATE LIMITED₹176.01 cr−₹1.84 cr-1.0%+3%
Spay IndiaSpay Technology Private Limited₹52.99 cr₹25.52 lakh0.5%-56%
Bachat CardsEARNEST DATA ANALYTICS PRIVATE LIMITED₹52.90 cr−₹1.39 lakh-0.0%+328%
PayomatixPAYOMATIX TECHNOLOGIES PRIVATE LIMITED₹49.78 cr₹2.37 cr4.8%+590%
EmeraldEmerald Business Ventures Private Limited₹49.47 cr₹2.19 cr4.4%+244%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Payments funding and M&A across India

903 recorded equity rounds have gone to 2,854 payments companies in India — how much, at which stage, into which sub-sectors, from whom, and how Uttar Pradesh compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months17

US$150.28m

equity rounds, last 24 months60

US$640.20m

raised over five yearsUS$5.51bn

373 rounds in India

M&A deals, Uttar Pradesh24

last 24 months

Capital by year

Equity funding into payments in India

amount rounds
$600m201854
$1.4bn201973
$1.0bn202090
$2.9bn2021125
$930m202292
$825m202350
$245m202453
$479m202541
$128m202612

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$2.90bn across 125 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$24.49m48 rounds · median US$182k
SeedUS$310.62m184 rounds · median US$871k
Series AUS$531.68m48 rounds · median US$7.44m
Series BUS$371.75m31 rounds · median US$5.00m
Series CUS$460.67m17 rounds · median US$21.63m
Series D+US$3.79bn43 rounds · median US$22.26m
Where the money went · five years

Most-funded sub-sectors

PaymentsUS$4.90bn273 rounds · 124 companies
Banking techUS$241.06m29 rounds · 15 companies
HrtechUS$130.69m11 rounds · 4 companies
In store retail techUS$123.55m10 rounds · 2 companies
Digital remittanceUS$38.20m5 rounds · 3 companies
Finance & accounting techUS$25.16m7 rounds · 3 companies
Higher education techUS$18.27m4 rounds · 1 companies
Corporate activity · last 24 months

M&A in Uttar Pradesh

17Acquisition
7Merger

Most active acquirers

  1. Digispice technologies4
  2. Pine labs3
  3. Mobile money2
  4. Na2
  5. Goldman sachs2

Most acquired or merged

  1. One97 communications5
  2. Shopflo Technologies2
  3. Spice money2
  4. Paytm2
  5. Bankit2

Each deal appears in the events strip at the top of the page.

Payments funding in Uttar Pradesh

10 payments companies in Uttar Pradesh have recorded equity funding, US$3.77bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Uttar Pradesh

Meet the people behind payments companies in Uttar Pradesh. 70 of 180 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Uttar Pradesh payments companies by sub-sector

The most common specialisations among payments companies in Uttar Pradesh. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring payments in India and nearby markets.

Coming soon