Paymate India Limited is a leading provider of digital payment solutions and services in India. Founded in 2006, Paymate offers a range of payment services for businesses of all sizes, including payment gateway services, mobile payments, and invoicing and collections.
Paymate's payment gateway services enable businesses to accept online payments through various payment modes such as credit cards, debit cards, and net banking. The company's mobile payment solution, Paymate OnTheGo, allows businesses to accept payments on the go using a mobile app. Paymate also offers invoicing and collections services, which help businesses manage their payment collections and receivables efficiently.
With a customer base of over 100,000 businesses across India, Paymate has established itself as a trusted and reliable payment partner. The company is also committed to ensuring the security of its payment solutions, with robust fraud detection and prevention measures in place.
| Paymate India Outstanding Shares: | 5,74,08,690 |
| Face Value of Paymate India Unlisted Share: | Rs. 1 Per Equity Share |
| ISIN of Paymate India Unlisted Share: | INE08J501021 |
| Lot Size of Paymate India Unlisted Share: | 1000 Shares |
| Paymate India Share Price: | Best in Industry |
| PAN Number of Paymate India: | AAECP0062G |
CIN of Paymate India |
U72200MH2006PLC205023 |
Incorporation Date of Paymate India |
12 May 2006 |
Category/Sub-category of Paymate India |
Limited by Shares/ Non-govt company |
Paymate India Registered office and contact details |
No.111, 1st Floor, 'A' Wing, Sundervilla S.V. Road, Santacruz (West) Mumbai MH 400054 IN |
Paymate India Registrar and Transfer Agent |
Link Intime India Private Limited C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai - 400083 |
|
Name and Description of main products/services |
NIC Code of the product/services |
% to the total turnover of the Company |
|
Other financial service activities, except insurance and pension funding activities |
64991 |
100% |
Ajay Adiseshan, Managing Director
Vishvanathan Subramanian, Whole Time Director & CFO
Sandeep Murthy, Nominee Director
Kevin Phalen, Independent and Non-Executive Director
Ashim Banerjee, Independent and Non-Executive Director
Monica Doshi, Independent and Non-Executive Director
|
S. No. |
Name of the Company |
Holding/ Subsidiary/ Associate/ Joint Venture |
% of Shares held |
|
1. |
Paymate Inc |
Subsidiary |
100% |
|
2. |
Paymate Payments Service Provider LLC |
Subsidiary |
49% |
|
S. No. |
Shareholders’ Name |
Number of shares |
% of total Shares of the company |
|
1. |
Promoter Group |
3,30,99,200 |
57.66% |
|
2. |
Public Shareholding |
2,43,09,490 |
42.34% |
|
|
Total |
5,74,08,690 |
100.00% |
The fintech industry is a rapidly growing sector, with a wide range of companies and technologies emerging to disrupt traditional banking and financial services. As such, the industry outlook for Paymate is positive, with significant opportunities for growth and expansion in the years ahead.
One of the key drivers of growth in the fintech industry is the increasing adoption of digital payments. As consumers and businesses become more comfortable with making payments online and through mobile devices, the demand for secure and reliable digital payment solutions is expected to increase.
Another important factor driving growth in the fintech industry is the increasing demand for alternative financing options. With traditional banks becoming more risk-averse and restrictive in their lending practices, many businesses and consumers are turning to fintech companies for innovative financing solutions.
In addition to these trends, the fintech industry is also being shaped by advances in technology, such as blockchain, artificial intelligence, and machine learning. These technologies have the potential to revolutionize the way financial services are delivered, and fintech companies like Paymate are at the forefront of this innovation.
