Drona Pay logo — Drona delivers next-gen Risk & Compliance Platforms for Fina...

Drona Pay

Drona delivers next-gen Risk & Compliance Platforms for Financial Institutions

Founded 2021 India Mumbai, India 48 employees Non Equity Assistance Fintech, SaaS

General Information

Company Name Drona Pay
Founded Year 2021
Location India Mumbai, India +1
Employees 48
Industries Fintech, SaaS
Funding Stage Non Equity Assistance
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About Drona Pay

Algo Engines is a fintech and SaaS company established in 2012 with a mission to shield financial institutions from fraudulent activities. Leveraging rules, graphs, and machine learning models, the company offers real-time defense against the burgeoning threats in payment fraud. Its expertise in financial security has positioned it as a leader in the industry.

The company has recently secured a Non Equity Assistance investment on 01 January 2023, with JioGenNext participating as the investor. This funding is a testament to the confidence that investors have in Algo Engines' innovative approach and its potential for growth.

Given the increasing significance of security in the financial sector, Algo Engines operates in a promising market. With its focus on real-time protection and utilization of cutting-edge technologies, the company is well-positioned to capitalize on the growing demand for advanced fraud prevention solutions in the industry.

Taxonomy: Financial Security, Fraud Prevention, Machine Learning Models, Real-time Protection, Payment Fraud, Graphs, Regulatory Reporting, Investigations, Case Management

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance •••••• 1
Investor
01 Jan 2023
Venture Round •••••• 1
Investor
01 Jan 2019

Drona Pay Alternatives & Competitors

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FAQ About Drona Pay

Drona delivers next-gen Risk & Compliance Platforms for Financial Institutions
Drona Pay was founded in 2021.
Drona Pay is headquartered in Mumbai, India.
Drona Pay operates in the following industries: Fintech, SaaS.
Drona Pay has approximately 48 employees.
Drona Pay has completed 2 funding rounds. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to Drona Pay include Dgpays, PayNways, Fraud.net, Autoscribe Corporation, Kaster. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Drona Pay and Dgpays are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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