fonePaisa Payment Solutions Private Limited

fonePaisa is a path-breaking innovation in the Indian Payment industry, leveraging upon the mobile penetration among the common. Besides all contemporary payment options, fonePaisa would work seamlessly with “IMPS-Plus"​ of NPCI and would aggregate all sources of fund into the hand of the consumer; be it a banking account, credit/debit card or a digital wallet. While saving PoS terminal costs for the merchants, fonePaisa enables the customer to approve each payment within the safety of her own handset and with the authentication factors, as stipulated by RBI. fonePaisa complements the ‘Financial Inclusion’ objective of the nation. fonePaisa’ founder team is probably most enviable in the industry. Sharad Hegde, Founder-Chairman, was 1st employee of Infosys and is better known as the God-father of Finacle. Ritesh Agarwal, Founder – COO, is a zealous entrepreneur with 18 years’ experience in branch-banking and BFSI software industry. C.S.Prasad, Co-Promoter, was head of development for Finacle-CBS at Infosys and is known for his technical prowess.

Financial Services
Bangalore, Karnataka
Founded in 2014
1-10 employees

fonePaisa is a path-breaking innovation in the Indian Payment industry, leveraging upon the mobile penetration among the common. Besides all contemporary payment options, fonePaisa would work seamlessly with “IMPS-Plus"​ of NPCI and would aggregate all sources of fund into the hand of the consumer; be it a banking account, credit/debit card or a digital wallet. While saving PoS terminal costs for the merchants, fonePaisa enables the customer to approve each payment within the safety of her own handset and with the authentication factors, as stipulated by RBI. fonePaisa complements the ‘Financial Inclusion’ objective of the nation. fonePaisa’ founder team is probably most enviable in the industry. Sharad Hegde, Founder-Chairman, was 1st employee of Infosys and is better known as the God-father of Finacle. Ritesh Agarwal, Founder – COO, is a zealous entrepreneur with 18 years’ experience in branch-banking and BFSI software industry. C.S.Prasad, Co-Promoter, was head of development for Finacle-CBS at Infosys and is known for his technical prowess.

Company Information

Industry
Financial Services
Company Type
Privately Held
Founded
2014
Employee Range
1-10
Revenue Range
Not available

Location

Address
1190, 3rd Cross, 26th Main, Karnataka Bengaluru
City
Bangalore
Region
Karnataka
Postal Code
560078
Country
India

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