Acemoney - About the company
Acemoney is an acquired company based in Kochi (India), founded in 2020 by Jimmin J Kurichiyil. It operates as an Agent-enabled payment processing solution. , with last known valuation of $*****. The company has 319 active competitors, including 15 funded and 9 that have exited. Its top competitors include companies like Spice Money, Pay Point India and PayNearby.
Company Details
Agent-enabled payment processing solution. Offers payment processing through UPI, QR, all-in-one POS device, micro ATM, AEPS, DMT, bill payments and recharges, mobile applications for bill generations and payments, payment collection solutions, wallets and prepaid cards, payment gateway support, wearable payment accessories, digital utility software, and more. Application is made available on Android and iOS platforms.
- Website
- acemoney.in
- Phone Number
- +91 **********
- Registered Address
- 1st Floor, PAM Tower, Seaport- Airport Road, Vallathol Junction, Thrikkakara, Kochi- 682021, Thrikkakara, Ernakulam, Ernakulam, Kerala, India, 682021
Key Metrics
Founded Year
2020
Location
Kochi, India
Stage
Acquired
Last Known Valuation
$***** as on Nov 08, 2023
Ranked
31st among 319 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
138 as on Aug 31, 2026
Exit Details
Acquired by Radiant Cash Management (Nov 08, 2023)
Legal entities associated with Acemoney
Acemoney is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ACEMONEY PAYMENT SOLUTION PRIVATE LIMITED CIN: U67200KL2023PTC079930 , India, Strike off | Jan 11, 2023 | 0 - ₹10 Cr (As on Mar 31, 2024) | - | |
ACEWARE FINTECH SERVICES PRIVATE LIMITED CIN: U72200KL2020PTC064973 , India, Active | Oct 12, 2020 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 143 (As on Aug 31, 2025) |
Acemoney's acquisition details
Acemoney got acquired by Radiant Cash Management on Nov 08, 2023 at an acquisition amount of $*****.
Click here to take a look at Acemoney's acquisition in detail
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Acemoney's funding and investors
Acemoney has not raised any funding rounds yet.
Acemoney's founders and board of directors
Founder? Claim ProfileThe founders of Acemoney is Jimmin J Kurichiyil. Nimisha J Vadakkan is the CEO of Acemoney.
Here are the details of Acemoney's key team members:
- Jimmin J Kurichiyil: Co-Founder of Acemoney and founder of 1 other company. Contact Info: 1 email address
Acemoney's Board of Directors
Acemoney's board has 6 active members. Jimmin J Kurichiyil is part of team and Ashok Kumar Sarangi, Shashank Narayan Naidu, Devraj Anbu, Benz Kochattu Jacob and David Alexander are independent board members.Here is the list of Acemoney's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
hucdjqi | Team | - | Past | 2y 7m |
Independent board member | - | Current | 2y 4m | |
hqwkgup | Independent board member | - | Current | 6y 2m |
qeentyi | Independent board member | - | Current | 4y 8m |
hyzktva | Independent board member | - | Current | 3y 2m |
dxei{vx | Independent board member | - | Past | 6y 6m |
View details of Acemoney's Founder profiles and Board Members
Acemoney's employee count trend
Acemoney has 138 employees as of Aug 26. Here is Acemoney's employee count trend over the years:
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Acemoney's Competitors and alternates
Top competitors of Acemoney include Spice Money, Pay Point India and PayNearby. Here is the list of Top 10 competitors of Acemoney, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Spice Money 2000, Noida (India), Series B | Digital payment and banking service provider in rural areas | $15.4M | 67/100 | |
2nd | Pay Point India 2007, Mumbai (India), Seed | Provider of digital financial services and retail solutions via agent network | $8.01M | 65/100 | |
3rd | Digital platform providing range of payment and digital banking services | $4.55M | 61/100 | ||
4th | RNFI Services 2015, Delhi (India), Public | Digital payment solution provider | - | - | 59/100 |
5th | Fino Payments Bank 2006, Navi Mumbai (India), Public | Payments banks offering personal & merchant banking solutions | $20M | 58/100 | |
6th | Provider of banking and financial services for last mile transactions | $3.73M | 52/100 | ||
7th | Provider of banking, financial, and utility services through an agent network | - | - | 50/100 | |
8th | Sahaj Retail 2007, Kolkata (India), Unfunded | Online platform providing retail and financial services to rural India through local entrepreneurs | - | - | 48/100 |
9th | Provider of online supermarket services for small-town retailers | $43.7M | 47/100 | ||
10th | Agent-enabled money transfer and bill payment solutions | - | - | 47/100 | |
31st | Agent-enabled payment processing solution | - | - | 38/100 |
Looking for more details on Acemoney's competitors? Click here to see the top ones
Acemoney's Investments and acquisitions
Acemoney has made no investments or acquisitions yet.
Reports related to Acemoney
Here is the latest report on Acemoney's sector:
News related to Acemoney
•
Rbi Cancels Registration Certificate Of Acemoney (India) Ltd Due To Irregular Lending PracticesAsian News International•Apr 29, 2024•Acemoney
•
Amid national downturn, Kerala's startup ecosystem grew 15% in 2023New Indian Express•Mar 14, 2024•Waybeo, Acemoney, Xylem Learning, I Hub Robotics
•
dLocal partners with ACE Money TransferThe Paypers•Oct 25, 2023•Dlocal, ACE Money Transfer, Acemoney
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