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PayInc - About the company

PayInc is an unfunded company based in Bargarh (India), founded in 2020 by Amiya Satpathy and Amiya Kumar Satpathy. It operates as an Agent-enabled payment processing software for businesses. PayInc has not raised any funding yet. The company has 326 active competitors, including 16 funded and 9 that have exited. Its top competitors include companies like Spice Money, Pay Point India and RNFI Services.

Company Details

Agent-enabled payment processing software for businesses. Offers services to enhance financial technology and optimize efficiency and innovation. Provides solutions for domestic money transfers, bill payments, AEPS, BBPS, and more.
Website
payinc.in
Social
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Registered Address
SAI BHAGWATI COMPLEX, BHATLI CHOWK WARD NO. 18, N.H.-6, Baragarh, BARAGARH, Orissa, India, 768028
Key Metrics
Founded Year
2020
Location
Bargarh, India
Stage
Unfunded
Ranked
Annual Revenue
₹81.5Cr as on Mar 31, 2023
Employee Count
48 as on Apr 30, 2026
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PayInc's funding and investors

PayInc has not raised any funding rounds yet.

PayInc's founders and board of directors

Founder? Claim Profile
The founders of PayInc are Amiya Satpathy and Amiya Kumar Satpathy.
Here are the details of PayInc's key team members:

PayInc's employee count trend

PayInc has 48 employees as of Apr 26. Here is PayInc's employee count trend over the years:
Employee count trend for PayInc
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PayInc's Competitors and alternates

Top competitors of PayInc include Spice Money, Pay Point India and RNFI Services. Here is the list of Top 10 competitors of PayInc, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Spice Money
Spice Money
2000, Noida (India), Series B
Digital payment and banking service provider in rural areas
$15.4M
75/100
2nd
Logo for Pay Point India
Pay Point India
2007, Mumbai (India), Seed
Provider of digital financial services and retail solutions via agent network
$8.01M
67/100
3rd
Logo for RNFI Services
RNFI Services
2015, Delhi (India), Public
Digital payment solution provider
-
-
63/100
4th
Logo for Dvara KGFS
Dvara KGFS
2008, Chennai (India), Series E
Provider of loan for consumer and SME
$47M
60/100
5th
Logo for PayNearby
PayNearby
2016, Mumbai (India), Seed
Digital platform providing range of payment and digital banking services
$4.55M
59/100
6th
Logo for Suvidhaa
Suvidhaa
2007, Mumbai (India), Public
Operator of tech-enabled retail outlets providing financial and other services
$37.8M
57/100
7th
Logo for Vakrangee
Vakrangee
1990, Mumbai (India), Public
Agent-based platform offering correspondent banking solutions
-
53/100
8th
Logo for FindiBANKIT
FindiBANKIT
2017, Noida (India), Acquired
Provider of financial and utility services through a network of agents
-
-
52/100
9th
Logo for FingPay
FingPay
2016, Indore (India), Series A
Provider of banking and financial services for last mile transactions
$3.73M
51/100
10th
Logo for Pay1
Pay1
2011, Mumbai (India), Seed
Provider of financial and utility services to retailers and distributors
$32.7K
49/100
144th
Logo for PayInc
PayInc
2020, Bargarh (India), Unfunded
Agent-enabled payment processing software for businesses
-
-
35/100
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PayInc's Investments and acquisitions

PayInc has made no investments or acquisitions yet.

Reports related to PayInc

Here is the latest report on PayInc's sector:

FAQs about PayInc

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