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CredoPay is a Chennai-based neobanking and unified payment acquiring solution provider.
Basic Information
CredoPay, a fintech enabler, offers a plug-and-play integrated platform for payment acquisitions and payment processing, among a host of other solutions to banks, neobanks, payment facilitators, merchant acquirers, fintech companies, and ISOs. The startup manages the complicated payment processing lifecycle for its clients through advanced platform-as-a-service (PaaS) and software-as-a-service (SaaS) products. CredoPay currently has 35 clients with a merchant base of 45,000 merchants on its platforms. Its clientele includes two large private banks, fintech companies, and merchant acquirers among others. At present, the company has operations in India, South Africa, Latin America, Qatar, Oman, and Sri Lanka, and plans to expand to North America, South East Asia and Africa in the coming years.
Legal Name
:
TransTrac Technology Services Pvt Ltd
Headquarters
:
Chennai, Tamil Nadu, India
Founding Date
:
2014
No. of Employees
:
101 to 150
Core Team
:
1.  
Dore Swamy
Founder and CEO
Funding

Total Funding

$5.0M

Investors
:
1.  
EzSwype LLC
2.  
Zent International Limited
Detail Round Breakdown
Round 1

$5M

Series Name
:
SEED
Date
:
9th Mar 2022
Investors
:
1.  
EzSwype LLC
2.  
Zent International Limited