Paymate India Unlisted Share Price

Paymate India Limited Unlisted Shares – Company Overview 

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 Limited Unlisted Share Details as of March 31, 2023

Paymate India Limited Incorporation Details 

Paymate India Limited Principal Business Activities 

Paymate India Limited Board of Directors

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

Paymate India Limited Shareholding Pattern (As of 31-03-2023)

Industry Outlook of Paymate 

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.