Glomopay - About the company
Glomopay is a seed company based in Bengaluru (India), founded in 2024 by Akash Arun. It operates as an A fintech company that provides a financial infrastructure for global businesses, enabling cross-border payments, collection, and disbursement of funds. Glomopay has raised $4.17M in funding, with a current valuation of ₹*****. The company has 2810 active competitors, including 267 funded and 248 that have exited. Its top competitors include companies like PayU, Flutterwave and Airwallex.
Company Details
A fintech company that provides a financial infrastructure for global businesses, enabling cross-border payments, collection, and disbursement of funds. It is a fintech startup that provides a complete financial infrastructure for global businesses, enabling cross-border payments. The company's platform offers solutions for moving money and payments across borders.
- Website
- www.glomopay.com/
- Email ID
- *****@glomopay.com
- Registered Address
- F-56, Diamon DIstrict, Old Airport Road, Domlur, H.A.L II Stage, Bangalore, Bangalore North, Karnataka, India, 560008
Key Metrics
Founded Year
2024
Location
Bengaluru, India
Stage
Seed
Total Funding
$4.17M in 2 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Sep 30, 2024
Investors
Ranked
157th among 2810 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
53 as on Jul 31, 2026
Legal entities associated with Glomopay
Glomopay is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GLOMO PAYMENTS IFSC PRIVATE LIMITED CIN: U66190GJ2024PTC155981 , India, Active | Oct 23, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | 7 (As on Sep 01, 2025) | |
GLOMOPAY SOFTWARE PRIVATE LIMITED CIN: U62013KA2024PTC184869 , India, Active | Feb 15, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | 14 (As on Feb 28, 2025) |
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Glomopay's funding and investors
Glomopay has raised a total funding of $4.17M over 2 rounds. Its first funding round was on Mar 22, 2024. Its latest funding round was a Seed round on Jul 10, 2024 for $*****. 9 investors participated in its latest round. Glomopay has 4 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Glomopay:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 10, 2024 | 5062492 | Seed | 8051985 | 4472234 | 4027581 | 7733139 |
Mar 22, 2024 | 4639502 | Seed | 3356940 | 9017222 | 6745654 |
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Glomopay's founders and board of directors
Founder? Claim ProfileThe founders of Glomopay is Akash Arun. Akash Arun is the CEO of Glomopay.
Here are the details of Glomopay's key team members:
- Akash Arun: Co-Founder & CEO of Glomopay. Contact Info: 1 email address and 1 phone number
Glomopay's Board of Directors
Glomopay's board has 2 active members. Akash Arun and Sahil Kharb are part of team.Here is the list of Glomopay's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 2y 6m | |
Team | - | Current | 2y 6m |
View details of Glomopay's Founder profiles and Board Members
Glomopay's employee count trend
Glomopay has 53 employees as of Jul 26. Here is Glomopay's employee count trend over the years:
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Glomopay's Competitors and alternates
Top competitors of Glomopay include PayU, Flutterwave and Airwallex. Here is the list of Top 10 competitors of Glomopay, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | PayU 2002, Amsterdam (Netherlands), Funding Raised | Provider of online payment solutions and financial services for businesses | - | 84/100 | |
2nd |  Flutterwave 2016, San Francisco (United States), Series E | Provider of payment solutions for online and physical business transactions | $489M | 83/100 | |
3rd | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 83/100 | |
4th | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | $362M | 74/100 | ||
5th |  Iyzi Payments 2012, Istanbul (Turkey), Acquired | Provider of payment solutions for e-commerce companies and individuals | $28M | 72/100 | |
6th | BlueSnap 2001, Waltham (United States), Acquired | International payment solution | $68M | 69/100 | |
7th | Digital platform enabling businesses to receive payments from overseas businesses | $20M | 68/100 | ||
8th |  Bango 1999, Cambridge (United Kingdom), Public | Provider of marketing solutions for e-commerce businesses | - | 68/100 | |
9th | Provider of infrastructure for processing and managing cross border payments | $32.8M | 68/100 | ||
10th | Toss 2011, Seoul (South Korea), Series G | Provider of an app-based platform for banking investment and insurance management | $1.25B | 67/100 | |
157th | A fintech company that provides a financial infrastructure for global businesses, enabling cross-border payments, collection, and disbursement of funds | $4.17M | 46/100 |
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Glomopay's Latest cap tables and shareholding
Founders (largest shareholder) own 71.72%, Funds own 17.53%, Enterprises own 0.55% and Angels own 0.32%. The net worth of Glomopay's founders is INR 135Cr as of Sep 30, 2024.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 71.72% | 135Cr | 2261519 | 4801673 | 5713147 | 6474750 |
Fund | 17.53% | 33Cr | 3915051 | 8592262 | 5744453 | 1872200 |
4507068 | 8608486 | 2586968 | 8714380 | 1855532 | 6095341 | |
766 | 386 | 137 | 376 | 326 | 957 | |
Enterprise | 0.55% | 1.04Cr | 0 | 0 | 0 | 0 |
Angel | 0.32% | 62.1L | 0 | 0 | 0 | 0 |
ESOP Pool | 9.88% | 18.6Cr | 8205961 | 2449980 | 4291518 | 8951646 |
Total | 100.00% | 188Cr | 6262702 | 6175015 | 2302840 | 2351267 |
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DisclaimerView more details of Glomopay's Shareholding
Glomopay's Investments and acquisitions
Glomopay has made no investments or acquisitions yet.
Reports related to Glomopay
Here is the latest report on Glomopay's sector:
News related to Glomopay
Media has covered Glomopay for 1 event in last 1 year, It was about company updates.
•
India’s alternative payments ecosystem more than doubles since 2020, adds 420 startupsIndiatimes•Jan 22, 2026•Glomopay, Rupicard
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