Oxy Money is a digital payments gateway platform which also partakes in Aadhaar banking, and micro ATM services.

Basic Information

The Noida based Oxy Money is an online payment accepting platform which allows businesses to accept debit cards, credit cards, prepaid payment instruments, IMPS, and net banking. It is easily customisable by merchant partners along with features like dynamic switching, retry option, auto OTP reading, and card storage vault. See more

Headquarters

:

Noida, Uttar Pradesh, India

Business Model

:

B2B2C 

Founding Date

:

Nov 2014

No. of Employees

:

11 to 20

Core Team

:
1.

nvneet sharma

Co-Founder

2.

Nitin Kapoor

Founder

Timeline
2015
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Mar | Company Incorporation
Company setup and incorporation complete
2016
Jan | Product Launch
Product Launch and initial traction
2017
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Feb | Key Customer Milestone
Got Reserve Bank of India PPI Approval (Wallet)
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See More

Target Market

B2C

Wallet customers opting for digital payments

User Age

:

35 to 45, 18 to 25, 26 to 34, 46 to 60

User Income

:

Lower Income, Lower-middle Income, Upper-middle Income

B2B

We serve retailer / merchant network across India

Client Segment

:

FinTech

Target Companies

:

Small Enterprise

Funding

Total Funding

$1.0M

Investors

:

1.

General Mobile Technology

Detail Round Breakdown

Round 1

$1M

Series Name

:

SEED

Date

:

1st May 2017