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Go Payments was founded with the aim of transcending the gap between physical and digital payments by building a platform connects thousands of agents (like kirana shops, mom- and-pop stores etc.) pan-India to the formal banking system.
Go Payments was founded with the aim of transcending the gap between physical and digital payments. The company was started with the vision of creating a platform that will make a host of financial services available to consumers, anywhere in India, at their doorstep. The platform connects thousands of agents (like kirana shops, mom- and-pop stores etc.) pan-India to the formal banking system, enabling them to collect cash from customers in exchange for providing digital financial services like Domestic Money Transfer (DMT), Bill Payments, Recharge and Travel Bookings among many others. India being a cash dominant economy, millions are still excluded from the formal banking system, Go Payments works with banks to empower these unbanked people by giving them the capability to access digital financial services. Through its several digital financial services, Go Payments envisions becoming a one-stop shop for agents in their quest of serving the end customer. The Go Payments platform acts as a bridge and creates value for the banks, the agents and the end users.
2018
Apr | Company Incorporation
Oct | Product Launch
Went live with Domestic Money Transfer and Recharge
2019
Dec | Product Launch
Through the year introduced several new products like AEPS, Bill Payments, Insurance , Travel and Cash Collection
B2B
Bringing agents (like kirana shops, mom- and-pop stores etc.) pan-India to the formal banking system, enabling them to collect cash from customers in exchange for providing digital financial services like DMT, AEPS, Bill Payments, Travel & others.
Client Segment
:
Communication
Target Companies
:
Small Enterprise,
Medium Enterprise,
Large Enterprise,
Startup
Target Geography
:
Total Funding
$850.0k
Investors
:
1.
Infibeam
$850k
Series Name
:
SEED
Date
:
Dec 2018
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