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QPay logo — Fintech Services; B2B2C UPI, Payment Gateway, Neo banking, O...

QPay

Fintech Services; B2B2C UPI, Payment Gateway, Neo banking, Offline payments, Cross border payment

Founded 2016 India Tirunelveli, India 8 employees Seed Financial Services, Fintech

General Information

Company Name QPay
Founded Year 2016
Location India Tirunelveli, India
Employees 8
Industries Financial Services, Fintech
Funding Stage Seed
Social

BounceWatch is an independent company data service, not affiliated with QPay. To contact QPay, visit queepay.com.

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How does QPay compare?

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About QPay

QPay, founded in 2016 and headquartered in India, is a dynamic player in the Financial Services and Fintech industries. Its focus is on a comprehensive array of digital financial services, including B2B2C UPI, payment gateway solutions, and neo banking.

The company’s slogan, "Fintech Services; B2B2C UPI, Payment Gateway, Neo banking, Offline payments, Cross border payment," encapsulates its diverse offerings, which span mobile recharges, bill payments, and a proprietary Q-wallet for seamless money transfers.

QPay does more than serve urban areas; it extends crucial government financial services to rural villages in India, a significant differentiator in its mission. Its monetization strategy prominently features cashback incentives designed to drive engagement and retention.

Recently buoyed by a Seed Round investment as of 01 October 2023, the company is poised for growth, fueling continued innovation in its platforms and services. However, the absence of disclosed investors presents an area for further transparency. Overall, QPay is an exciting opportunity with high growth potential in the burgeoning Indian fintech market.

Business keywords: Fintech Services, UPI Payment Integration, Payment Gateway, Neo Banking, Offline Payments, Cross-Border Payments, Digital Payments, Recharge Services, Money Transfer, Bill Payment Services, Government Schemes Integration, Rural Financial Inclusion, Mobile Recharge, Cashback Programs, Digital Wallet

Services & Products

Bill Payment Services
Prepaid and Postpaid Transactions
Merchant Solutions
Digital Wallet Integration
Mobile App Platform

Target Customers

Individual Consumers Merchants Utilities Providers Travel Enthusiasts Entertainment Consumers

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed -
01 Oct 2023

QPay Alternatives & Competitors

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QPay vs
True Balance
True Balance United Kingdom

Loans| Utility Bill Payment I Recharges | Financial Products

Debt Financing
11 employees
Finance, Financial Services
QPay vs
Paykii (Acquired)
Paykii (Acquired) United States

Paykii is Global Bill Payment Platform, with Domestic or X-border solutions for Banks, Fintechs and...

Seed
4 employees
Financial Services, Fintech
QPay vs
Dygonal Pay
Dygonal Pay India

Dygonal Pay enables retail stores to offer assisted digital banking and financial services to their...

3 employees
Financial Services, Fintech
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FAQ About QPay

Fintech Services; B2B2C UPI, Payment Gateway, Neo banking, Offline payments, Cross border payment
QPay was founded in 2016.
QPay is headquartered in Tirunelveli, India.
QPay operates in Financial Services and Fintech. Its work centres on Fintech Services, UPI Payment Integration, Payment Gateway and Neo Banking. Its customers include Individual Consumers, Merchants and Utilities Providers.
QPay has approximately 8 employees.
QPay has completed 1 funding round. The latest funding stage is Seed.
QPay offers: Bill Payment Services, Prepaid and Postpaid Transactions, Merchant Solutions, Digital Wallet Integration, Mobile App Platform.
Top alternatives and competitors to QPay include True Balance, Paykii (Acquired), Dygonal Pay, Paga Group Ltd, PayALL. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
QPay and True Balance 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.

Source: BounceWatch company record for QPay, https://bouncewatch.com/company/qpay-fintech, updated 19 August 2025. When citing, please name BounceWatch and link this page.

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