Company lists
Banking, online payments, bill payments, agent-based payments, business payments and more: the companies building payments in West Bengal, with their founders, funding, team size and business models.
Funding, M&A, contract wins and launches involving 2,854 payments companies in India, last 24 months: 73 M&A deals · 62 Contracts · 56 funding rounds · 39 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.
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,…
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.
RAN Ventures purchased 1 Lakh equity shares of Zaggle from the open market on May 18, taking its stake in the company to 44.23% from 44.15%.
Zaggle Prepaid Ocean Services Ltd, a spend management solutions company, has said that its board has approved the transaction structure for the strategic acquisition of DICE. Zaggle has…
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…
Pine Labs’ ₹88 crore acquisition of Shopflo
Decentro is ready to launch its integration with Banking Connect—the netbanking payment framework offered by NPCI Bharat BillPay Ltd— designed to simplify netbanking workflows while…
Generali Central Insurance Company will now have access to the Zaggle Zoyer platform, thanks to an arrangement announced by Zaggle Prepaid Ocean Services.
Recently, CRED received a nod from the Reserve Bank of India (RBI) to operate as a payment aggregator (PA), enabling the company to onboard merchants, collect payments on their behalf…
Vodacom has invested $28m to upgrade technology for its M-Pesa platform in Tanzania.
BLS E-Services on Monday said it will acquire a 100 per cent stake in Atyati Technologies for Rs 154 crore.
Gurugram-based fraud intelligence startup Sign3 has raised $1.5 million in a funding round led by early-stage venture firm Cedar Hill Capital.
Experience Commerce, a full-service digital marketing agency and part of the Cheil SWA Group, has secured the annual social media mandate for Fiat Payments Private Limited (FiatPe)…
Mumbai-based software player and white-label ATM operator Vakrangee Ltd on Saturday said it has entered into a corporate agency arrangement with Bajaj General Insurance Limited to…
Scapia, a Bengaluru-based travel fintech that issues co-branded credit cards, is in talks to raise US$50‑60 million in a round led by US VC General Catalyst, people familiar with the…
New Delhi: Real estate firm COWRKS, which provides managed office spaces, has leased 80,000 sq ft area in Bengaluru to Cashfree Payments.
Razorpay announced the launch of the “World’s First Agent Studio”, built using the Claude Agent SDK from Anthropic, at Razorpay’s flagship event, FTX’2026, in India on 12 March 2026.
Comviva has announced the launch of NGAGE for Enterprises, a next-generation communications platform as-a-service (CPaaS) platform designed to help enterprises deliver seamless, secure,…
Another notable deal came from fintech startup Innoviti, which secured $11.4 million in funding from investors including Bessemer Venture Partners, along with several angel investors and…
Merchant SaaS platform Mintoak is set to raise Rs 80 crore in debt from BlackSoil to fund the acquisition of Dubai-based customer loyalty management platform Innovative Consumer Concepts…
Fintech soonicorn Innoviti has closed its Series M funding round at ₹104 Cr ($11.4 Mn).
Notably, earlier this week, General Catalyst also led a $16.6 million funding round in B2B cross-border payments startup Xflow.
Jio Financial Services Ltd on Friday launched an online marketplace for financial products through its new app JioFinance.
Mumbai-headquartered digital payments processor Billdesk is set to acquire the India business of French payments giant Worldline for an estimated equity value of $70 million.
Reload, an innovative AI workforce management platform, has secured $2.275 million in seed funding while unveiling its flagship product, Epic.
Bengaluru-based Tonetag, a deeptech startup which focusses on sound-based payment systems, has raised Rs 35.16 crore ($3.8 million) from Qualcomm Ventures, according to documents…
BLS E-Services Limited (BLSe), a digital service provider to governments and financial institutions, has signed a binding term sheet to acquire a 100% equity stake in Atyati Technologies…
Comviva, the global leader in customer experience and data monetization solutions, today announced the launch of its next-generation Digital Distribution Management System for channel…
Bengaluru-based payments infrastructure firm Juspay has secured $50 million in a Series D follow-on round led by WestBridge Capital, valuing the company at $1.2 billion.
Xoxoday, a global rewards, incentives, and Loyalty technology company, has raised a Series C round backed by its existing investors – Apis Partners & 57 Stars, marking a key milestone as…
Browse payments companies in West Bengal by reported revenue, one-year revenue growth, revenue model, age and stage. The 20 companies below are the largest by their most recent reported revenue among 20 payments companies in West Bengal that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.
Online platform providing retail and financial services to rural India through local entrepreneurs
Payments
AWS
React
Angular
TypeScriptEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Agent-enabled online payment solution
Payments₹65.60 cr in FY21-22 · net −₹5.30 cr · +6534% since FY2020
Filed standalone accounts · Paymark Payment Technologies & Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of BPO services for financial, IT, and other ectors
Payments₹63.99 cr in FY23-24 · net ₹18.35 cr · -28% since FY2017
Filed consolidated accounts · R S Software (India) Ltd.Focus: Patents concentrated in electrical & electronics
CPC H04L63/20, G06F11/3672, G06F11/3608
PHP
Bootstrap
jQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Agent-based payment & banking solutions for retailers
Payments₹53.62 cr in FY24-25 · net ₹41.11 lakh · -69% since FY2018
Filed standalone accounts · Ezypay Online Services Private LimitedPHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of online money management solutions for businesses
Payments₹52.21 cr in FY24-25 · net ₹5.52 cr · +1535% since FY2022
Filed standalone accounts · Sapphiro Consulting Solutions Private Limited
CloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
B2B payment service provider for individual businesses
Payments₹49.96 cr in FY24-25 · net ₹0.20 lakh · +2385% since FY2024
Filed standalone accounts · Js Digital Pay Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Open Banking API provider
Banking tech
NginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Wallet-enabled money transfer, and utility bill payment for water, landline, and electricity
PaymentsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Utility bill payment solution for consumers
PaymentsNginxBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Money transfer and payments platform
Payments₹4.71 cr in FY24-25 · net ₹18.75 lakh · +551% since FY2019
Filed standalone accounts · Paydeck Technologies Private LimitedAWS
Vue.jsNginxCloudflare
Amazon S3Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Online recharges and bill payment platform with prepaid mobile recharge, broadband bill payment, electricity and water bill payment
Payments₹3.91 cr in FY24-25 · net ₹0.75 lakh · +41% since FY2024
Filed standalone accounts · Bmddigital Pay Private LimitedCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Agent-based payment solutions for merchants and businesses
Payments₹2.23 cr in FY21-22 · net ₹7.11 lakh · +642% since FY2020
Filed standalone accounts · Payswift Technology Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
App-based payment and API solutions for businesses
Payments₹90.24 lakh in FY23-24 · net ₹1.47 lakh · -85% since FY2023
Filed standalone accounts · Zuelpay Services Private LimitedAWSReactCloudflareBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Fees collection system and fee management software for educational institutes
Higher education tech₹39.47 lakh in FY24-25 · net ₹0.45 lakh · +79% since FY2018
Filed standalone accounts · Sevenm Technologies Private Limited
CloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Payment gateway solution for businesses
Payments₹24.40 lakh in FY24-25 · net ₹0.81 lakh · +7335% since FY2021
Filed standalone accounts · Zep Fintech Services Private Limited
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Digital platform for bill payments and earning rewards on transactions
PaymentsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Agent-based payment solutions
PaymentsEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Provider of a peer-to-peer gift card and payment platform
Payments₹5.39 lakh in FY23-24 · net ₹3.34 lakh · -48% since FY2020
Filed standalone accounts · Bazzinga Internet Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Utility bill payment service for individuals with mobile recharge, DTH recharge, and electricity bill payments
Payments₹4.21 lakh in FY23-24 · net −₹0.02 lakh · +307% since FY2023
Filed standalone accounts · Ownpay Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
App-based platform for bill payments
Payments₹2.53 lakh in FY24-25 · net ₹0.02 lakh · -99% since FY2023
Filed standalone accounts · Bundlepe Innovations Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
No matching company in this list.
This page shows the top 20. Radar has the complete, filterable list with contacts and live company signals.
Open payments in West Bengal on RadarBrowse payments companies in West Bengal, from payments bank and open banking API providers to bill payment and recharge platforms. You can also find payment startups in West Bengal and see which payments companies are hiring.
Companies offering digital banking, open banking APIs and payments-bank style services.
Online platform providing retail and financial services to rural India through local entrepreneurs
PaymentsOpen Banking API provider
Banking techApp-based payment and API solutions for businesses
Payments
Provider of digital banking and payment solutions for individuals and businesses
Payments
Provider of digital banking and financial services for SMEs and consumers
Banking techProviders of online payment solutions, mobile wallets and payment gateways for consumers and businesses.
Wallet-enabled money transfer, and utility bill payment for water, landline, and electricity
Payments
Providing pan card and digital signature solutions along with bill payments and money transfer
Payments
Mobile wallet for online recharges and B2B payments
Payments
App-based wallet for money transfers & retailer payments
Payments
Online group payment platform for individuals
PaymentsPlatforms for utility bill payments, mobile recharge and FASTag recharge.
Utility bill payment solution for consumers
PaymentsOnline recharges and bill payment platform with prepaid mobile recharge, broadband bill payment, electricity and water bill payment
Payments
Provider of mobile recharge and money transfer APIs and related software
Payments
We are leading mobile Recharge software provider in India from last 11 years.
Payments
FASTag Pro is a FASTag recharge service that allows users to recharge any FASTag.
PaymentsAgent-enabled payment and money transfer services that reach retailers and rural customers.
Agent-enabled money transfer and bill payment solution with bill payment software
Payments
Remittance and payment acceptance solution for businesses
PaymentsAgent-based payment & banking solutions for retailers
PaymentsAgent-based payment solutions for merchants and businesses
PaymentsAgent-based payment solutions
PaymentsPayment, invoicing and collection solutions for businesses and institutions.
Provider of software for managing business proposals invoices and accounting
Finance & accounting tech
CSA Smart Pay Technologies is a leading Software Development company providing various IT solutions using latest technology.
PaymentsFees collection system and fee management software for educational institutes
Higher education techOnline platform providing retail and financial services to rural India through local entrepreneurs
PaymentsAgent-enabled online payment solution
PaymentsCompanies offering payment cards, prepaid cards and gift cards.
Money transfer and payments platform
PaymentsProvider of a peer-to-peer gift card and payment platform
Payments
Provider of virtual disposable cards for online transactions and AI budgeting solutions
PaymentsNewer payments companies founded in recent years in West Bengal.
B2B payment service provider for individual businesses
PaymentsOpen Banking API provider
Banking techWallet-enabled money transfer, and utility bill payment for water, landline, and electricity
PaymentsOnline recharges and bill payment platform with prepaid mobile recharge, broadband bill payment, electricity and water bill payment
PaymentsApp-based platform for bill payments
PaymentsThe most-installed Android apps published by payments companies headquartered in West Bengal — 638K installs between them. 17 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.
CIN U74110WB2001PLC093780
CIN U72900WB2021PTC242398
CIN U63990WB2024PTC272006
CIN U61900WB2023PTC264387
CIN U72900WB2011PTC157925
CIN U74999WB2022PTC256655
Revenue, profit and growth from the filed annual accounts of 13 payments companies in West Bengal for FY24-25 — 24 of the 110 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 89% of the revenue, so medians describe the typical company better than totals.
13 companies filing accounts
2.8% aggregate margin
12 of 13 companies
the typical company
into FY24-25
revenue concentration
The number of companies filing changes each year; the three-year cohort below compares like with like.
Companies with accounts for all three years, so growth is not an artefact of who filed.
Companies by FY24-25 revenue. Bars show how many companies sit in each band.
9 companies with accounts for both years; median growth -9%.
The aggregate margin is pulled up by a few large filers; the median shows the typical company.
| Company | Growth | Revenue |
|---|---|---|
| EzypayEZYPAY ONLINE SERVICES PRIVATE LIMITED | -9% | ₹53.62 cr |
| PayAddaPAYADDA SERVICES PRIVATE LIMITED | ₹15.55 cr | |
| Recieve.moneySAPPHIRO CONSULTING SOLUTIONS PRIVATE LIMITED | -29% | ₹52.21 cr |
| Company | Margin | Revenue |
|---|---|---|
| Recieve.moneySAPPHIRO CONSULTING SOLUTIONS PRIVATE LIMITED | 10.6% | ₹52.21 cr |
| EzypayEZYPAY ONLINE SERVICES PRIVATE LIMITED | 0.8% | ₹53.62 cr |
| InspayINSPAY DIGITAL PRIVATE LIMITED | 0.1% | ₹34.70 cr |
| JS Digital PayJS DIGITAL PAY PRIVATE LIMITED | 0.0% | ₹49.96 cr |
| PayAddaPAYADDA SERVICES PRIVATE LIMITED | 0.0% | ₹15.55 cr |
| Sub-sector | Companies | Revenue | Median revenue | Profitable | Margin |
|---|---|---|---|---|---|
| Payments | 11 | ₹196.34 cr | ~₹6.5 cr | 91% | 3.2% |
| Company · legal entity | Revenue | Net result | Margin | Growth |
|---|---|---|---|---|
| EzypayEZYPAY ONLINE SERVICES PRIVATE LIMITED | ₹53.62 cr | ₹41.11 lakh | 0.8% | -9% |
| Recieve.moneySAPPHIRO CONSULTING SOLUTIONS PRIVATE LIMITED | ₹52.21 cr | ₹5.52 cr | 10.6% | -29% |
| JS Digital PayJS DIGITAL PAY PRIVATE LIMITED | ₹49.96 cr | ₹0.20 lakh | 0.0% | >10× |
| InspayINSPAY DIGITAL PRIVATE LIMITED | ₹34.70 cr | ₹4.07 lakh | 0.1% | — |
| PayAddaPAYADDA SERVICES PRIVATE LIMITED | ₹15.55 cr | 0.0% | ||
| PaynproPAYNPRO FINTECH PRIVATE LIMITED | ₹7.67 cr | — | ||
| Digital Top upDIGITAL TOPUP PAYMENT SYSTEM PRIVATE LIMITED | ₹6.55 cr | ₹0.57 lakh | 0.1% | — |
| PayDeckPAYDECK TECHNOLOGIES PRIVATE LIMITED | ₹4.71 cr | ₹18.75 lakh | 4.0% | +5% |
| BMD Digital PayBMDDIGITAL PAY PRIVATE LIMITED | ₹3.91 cr | ₹0.75 lakh | 0.2% | +41% |
| PaymakerPAYMAKER TECHNOLOGY AND SOLUTIONS PRIVATE LIMITED | ₹1.90 cr | −₹95.86 lakh | -50.6% | -51% |
Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.
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.
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 West Bengal compares. Debt, IPO and grant rounds are excluded.
US$150.28m
US$640.20m
373 rounds in India
last 24 months
Bars show US$ 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.
Equity rounds over the last five years, 176 payments companies in West Bengal among 2,854 in India.
Each deal appears in the events strip at the top of the page.
Meet the people behind payments companies in West Bengal. 29 of 110 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.
Payments companies in West Bengal with the highest one-year revenue growth among those reporting at least ₹5 crore in revenue. Growth is the reported one-year change for the period shown.
PaymentsUtility bill payment solution for consumers
Founders
Details not available
PaymentsB2B payment service provider for individual businesses
Founders
Details not available
PaymentsAgent-enabled online payment solution
Banking techOpen Banking API provider
PaymentsProvider of BPO services for financial, IT, and other ectors
PaymentsOnline platform providing retail and financial services to rural India through local entrepreneurs
NginxBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹49.96 cr in FY24-25 · net ₹0.20 lakh · +2385% since FY2024
Filed standalone accounts · Js Digital Pay Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹65.60 cr in FY21-22 · net −₹5.30 cr · +6534% since FY2020
Filed standalone accounts · Paymark Payment Technologies & Services Private LimitedEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
NginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹63.99 cr in FY23-24 · net ₹18.35 cr · -28% since FY2017
Filed consolidated accounts · R S Software (India) Ltd.Focus: Patents concentrated in electrical & electronics
CPC H04L63/20, G06F11/3672, G06F11/3608PHPBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
AWSReactAngularTypeScriptEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Payments companies in West Bengal founded in the last four years, newest first.
PaymentsProvider of virtual disposable cards for online transactions and AI budgeting solutions
PaymentsAgent-based payment processing software for businesses
Founders
Details not available
PaymentsApp-based platform offering utility bill payment solution for consumers
Founders
Details not available
PaymentsOnline digital solution offering utility payment services
Founders
Details not available
PaymentsAgent-enabled payment processing solution for businesses
Founders
Details not available
PaymentsDigital payment gateway offering suite of solutions to businesses
Founders
Details not available
PaymentsProvider of money transfer and bill payments services
Founders
Details not available
PaymentsProvider of bill payment services for businesses
Founders
Details not available
PaymentsQR code-based payment solutions for businesses
Founders
Details not available
PaymentsBill payment platform for consumers
Founders
Details not available
Banking techOpen Banking API provider
PaymentsUtility bill payment solution for consumers
Founders
Details not available
React
Next.js
Node.jsCloudflare
ZendeskEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
NginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
NginxBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
The most common specialisations among payments companies in West Bengal. Open a company to see what it sells, who runs it and how far it has come.
6 payments companies in West Bengal work in banking tech. Shown: the best-documented.
Banking techOpen Banking API provider
PaymentsApp-based payment and API solutions for businesses
PaymentsOnline platform providing retail and financial services to rural India through local entrepreneurs
Banking techProvider of digital banking and financial services for SMEs and consumers
PaymentsProvider of digital banking and payment solutions for individuals and businesses
PaymentsOpen banking APIs for financial institutions
Founders
Details not available
NginxBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
₹90.24 lakh in FY23-24 · net ₹1.47 lakh · -85% since FY2023
Filed standalone accounts · Zuelpay Services Private LimitedAWSReactCloudflareBootstrapEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
AWSReactAngularTypeScriptEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
ReactEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
PHP
LaravelCloudflareBootstrapjQueryEach tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
Each tile appears only where data is on record. Founder photos and LinkedIn links appear where a profile matches exactly.
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