PaySense - About the company
PaySense is an acquired company based in Mumbai (India), founded in 2015 by Prashanth Ranganathan and Sayali Karanjkar. It operates as an Online platform for consumer loans. PaySense has raised $34.1M in funding from investors like Naspers, Nexus Venture Partners and PayU, with last known valuation of $*****. The company has 240 active competitors, including 30 funded and 8 that have exited. Its top competitors include companies like BharatPe, WeRize and Kredivo Holdings.
Company Details
Online platform for consumer loans. It offers unsecured personal financing, auto loans, and home improvement loans with flexible interest rates, terms, and repayment options. It uses proprietary risk evaluation and measurement software for credit assessment. The application is available on the Android platform.
- Website
- gopaysense.com
- Social
- Email ID
- *****@gopaysense.com
- Registered Address
- HAVELOCK ROAD, Singapore, 59763
Key Metrics
Founded Year
2015
Location
Mumbai, India
Stage
Acquired
Total Funding
$34.1M in 4 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 23, 2019
Ranked
10th among 240 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
240 as on Sep 30, 2026
Exit Details
Acquired by PayU (Dec 23, 2019)
Legal entities associated with PaySense
PaySense is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PAYSENSE PTE. LTD. UEN: 201503478E , Singapore, Active | Feb 04, 2015 | - | - | |
PAYSENSE SERVICES INDIA PRIVATE LIMITED CIN: U72100MH2015PTC266824 , India, Active | Jul 24, 2015 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 64 (As on May 01, 2026) |
PaySense's acquisition details
Click here to take a look at PaySense's acquisition in detail
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PaySense's funding and investors
PaySense has raised a total funding of $34.1M over 4 rounds. Its first funding round was on Jun 03, 2015. Its latest funding round was a Series B round on Jun 25, 2019 for $*****. 3 investors participated in its latest round. PaySense has 10 institutional investors and 10 angel investors.
Here is the list of recent funding rounds of PaySense:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 25, 2019 | 9072947 | Series B | 6297570 | 9003625 | 3430334 | 3482461 |
Jun 25, 2018 | 1960677 | Series B | 1342471 | 4254800 | 3822662 | |
Dec 21, 2016 | 2817835 | Series A | 5410299 | 5859653 |
Access funding benchmarks and valuations. Sign up today!View details of PaySense's funding rounds and investors
PaySense's founders and board of directors
Founder? Claim ProfileThe founders of PaySense are Prashanth Ranganathan and Sayali Karanjkar.
Here are the details of PaySense's key team members:
- Prashanth Ranganathan: Former Co-Founder of PaySense and founder of 2 other companies, Zinc and Truvie Security. They are also an angel investor in 2 startups and serve on the boards of 2 companies.Contact Info: 2 phone numbers
- Sayali Karanjkar: Former Co-Founder of PaySense and founder of 1 other company. They are also an angel investor in 9 startups and serve on the boards of 2 companies.Contact Info: 1 phone number
PaySense's Board of Directors
PaySense's board has 3 active members. Patrick Jeremy Thomas Ellis, Gitte Corine Groenewold-wong and Ho Wui Mee Marian are independent board members.Here is the list of PaySense's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
qrffpw{ | Team | - | Past | 3y 2m |
Independent board member | - | Current | 3y 1m | |
grkoqgz | Independent board member | - | Current | 2y 7m |
vglrwjj | Independent board member | - | Current | 3y 1m |
blzaptr | Independent board member | - | Past | 2y 5m |
mpmyhjp | Independent board member | - | Past | 4y 6m |
{rcfucu | Independent board member | - | Past | 3y 7m |
wndsuee | Independent board member | - | Past | 8y 5m |
pwqlecv | Independent board member | - | Past | 6y 7m |
View details of PaySense's Founder profiles and Board Members
PaySense's employee count trend
PaySense has 240 employees as of Sep 26. Here is PaySense's employee count trend over the years:
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PaySense's Competitors and alternates
Top competitors of PaySense include BharatPe, WeRize and Kredivo Holdings. Here is the list of Top 10 competitors of PaySense, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of payment solutions, lending, and investment opportunities for businesses | $584M | 86/100 | ||
2nd | Provider of credit insurance and savings products for small town families | $35.1M | 73/100 | ||
3rd |  Kredivo Holdings 2015, Jakarta (Indonesia), Series D | Provider of a consumer lending platform for financial applications | $660M | 69/100 | |
4th |  BankBazaar 2008, Chennai (India), Series D | Online platform providing tools for comparing and applying for financial products | $134M | 68/100 | |
5th | P2P lending platform for consumers & businesses | $1.68M | 65/100 | ||
6th | IndiaLends 2014, Gurugram (India), Acquired | Provider of personal loans, business loans, gold loans, and credit cards | $25.8M | 64/100 | |
7th | Provider of a platform for loans, investments, and wellness products | $4.63M | 60/100 | ||
8th |  Paisabazaar 2014, Gurugram (India), Funding Raised | Online financial marketplace that offers a range of personal loan and credit card options to consumers | - | 58/100 | |
9th | FinanceBuddha 2012, Bengaluru (India), Public | Provider of a loan matching service for personal and business loans | $576K | 58/100 | |
10th | Online platform for consumer loans | $34.1M | 56/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on PaySense's competitors? Click here to see the top ones
PaySense's Latest cap tables and shareholding
Funds (largest shareholder) own 56.20%, Enterprises own 1.98%, Angels own 2.19% and Other People own 30.39%.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Fund | 56.20% | 75.2M | 7710105 | 1196543 | 4955057 | 1758728 |
1650943 | 8888411 | 6090339 | 3370028 | 7217822 | 2508909 | |
2008134 | 4956985 | 3275913 | 6577961 | 5328795 | 1597898 | |
3309340 | 7476153 | 4881336 | 1624199 | 3628864 | 7483316 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 1.98% | 2.64M | 4 | 3 | 6 | 6 |
Angel | 2.19% | 2.92M | 46 | 50 | 10 | 68 |
Other People | 30.39% | 40.7M | 4028411 | 8670808 | 9237835 | 2412749 |
ESOP Pool | 9.25% | 12.4M | 5789047 | 2181188 | 9535793 | 8456204 |
Total | 100.00% | 13.4Cr | 7072632 | 3513965 | 8671711 | 4713348 |
To unlock detailed Cap Table of PaySense Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of PaySense's Shareholding
PaySense's Investments and acquisitions
PaySense has made no investments or acquisitions yet.
Reports related to PaySense
Here is the latest report on PaySense's sector:
News related to PaySense
Filter this list•
Zinc secures $25.5M seed funding to reshape India's edu-wealth sectorCyberMedia India Online•Oct 29, 2024•Zinc, Nexus Venture Partners, Quona, EDBI and 9 others
•
Lighthouse Canton leads debt round in LoanTapEntrackr•Feb 07, 2023•LoanTap, Lighthouse Canton, PaySense, Fibe and 1 other
•
HRS Acquires Paypense, Enabling Widescale Digitized Payment Technology for Corporations and EmployeesBusiness Wire•Aug 04, 2022•HRS, PayPense, PaySense
•
CMS Info Systems joins rank of 10% cos with over three women on BoardVCCircle•Jan 05, 2022•CMS Info Systems, PaySense, State Bank of India
•
MobiKwik appoints 4 Independent Directors to its BoardIndiatimes•Aug 13, 2021•MobiKwik, Blackstone, PaySense, LinkedIn and 1 other
•
Naspers-owned PayU lays off staff at credit lending unit PaySenseIndiatimes•Jul 09, 2020•PayU, PaySense, PayU
•
PayU Has Acquired Controlling Stake in Indian Credit Business PaySense to Merge it with LazyPaySweet Startups•Jan 10, 2020•PayU, PaySense, LazyPay, PayU and 3 others
•
Fintech startup PaySense forays into lending sector; acquires an undisclosed NBFC for INR 3 crThe Indian Wire•Nov 14, 2019•PaySense
•
PayU in talks to buy consumer lending platform PaySenseIndiatimes•Aug 21, 2019•PayU, PaySense, Jungle Ventures, Nexus Venture Partners and 3 others
•
Consumer Credit Line Provider PaySense Raises up to $18M in Series BFinSMEs•Aug 21, 2018•PaySense, Jungle Ventures, Nexus Venture Partners, PayU
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
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