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.
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Headquarters
:
Noida, Uttar Pradesh, India
No. of Employees
:
11 to 20
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Mar | Company Incorporation
Company setup and incorporation complete
Jan | Product Launch
Product Launch and initial traction
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Feb | Key Customer Milestone
Got Reserve Bank of India PPI Approval (Wallet)
Feb | Key Revenue Milestone
Reached GTV of USD 10 mn / month
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Feb | Key Revenue Milestone
Total annual GTV rate is USD 250mn
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
Target Companies
:
Small Enterprise
Investors
:
1.
General Mobile Technology
Detail Round Breakdown