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YUVA PAY logo — Inclusive Bank For The Exclusive Without INTERNET

YUVA PAY

Inclusive Bank For The Exclusive Without INTERNET

Founded 2016 India Manipal, India 3 employees Seed Total: $50.00K AI, Financial Services +2

General Information

Company Name YUVA PAY
Founded Year 2016
Location India Manipal, India
Employees 3
Industries AI, Financial Services, Mobile +1
Funding Stage Seed
Social

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About YUVA PAY

YUVA PAY is an Indian financial services startup with a mission to provide an inclusive bank for the exclusive without internet. The company was founded in 2016 and has recently secured its Seed Round investment at 01 July 2023 from Sprint VC. YUVA PAY offers a unique Neo-Banking solution, tailored for the rural market, enabling access to basic financial services on smart and feature phones, without requiring internet connectivity. The company's slogan, "Inclusive Bank For The Exclusive", encapsulates its focus on financial inclusivity. YUVA PAY's innovation is particularly exciting as it addresses a critical need, catering to over 3 billion unbanked and unconnected users. This solution not only facilitates convenient access to financial services but also promotes confidence with integrated systems ensuring secure operations and protection from fraud and data privacy concerns. YUVA PAY's advantages include increased coverage and convenience, making financial inclusion services more accessible even to those unfamiliar with smartphones and digital banking. Additionally, the affordability of this solution translates into cost savings for both users and service providers. This innovative approach, developed by an Indian company, stands as a potential bridge for disenfranchised citizens, contributing to the economic growth of the region.

Business keywords: Neo-Banking, Financial Inclusion, Digital Payments, Mobile Payments, Rural Market, Unbanked Population, Internet Connectivity, Fraud Protection, Data Privacy, Smartphones, Feature Phones, Savings

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 1
Sprint Vc
Sprint Vc
01 Jul 2023
Non Equity Assistance Undisclosed 1
Village Capital
Village Capital
13 Apr 2023
Non Equity Assistance Undisclosed 1
InnovateIN48
01 Dec 2022
Pre Seed Round $50.00K 3
Expert DOJO Incisive Ventures Kube VC
Expert DOJO, Incisive Ventures +1
21 Oct 2020

YUVA PAY Alternatives & Competitors

View All Alternatives
YUVA PAY vs
Kawu
Kawu Uganda

NEO Bank for African Students.

Pre-Seed
11 employees
Financial Services, Fintech
YUVA PAY vs
PAYFAZZ
PAYFAZZ

Empowering Indonesia's Financial Future Through Secure, Accessible Technology Solutions

Series B
501-1000 employees
Financial Services, Fintech
YUVA PAY vs
AjoCard
AjoCard Nigeria

Financial services for the excluded

Seed
35 employees
Financial Services, Lending and Investments
View all alternatives

FAQ About YUVA PAY

Inclusive Bank For The Exclusive Without INTERNET
YUVA PAY was founded in 2016.
YUVA PAY is headquartered in Manipal, India.
YUVA PAY operates in AI, Financial Services, Mobile and Payments. Its work centres on Neo-Banking, Financial Inclusion, Digital Payments and Mobile Payments.
YUVA PAY has approximately 3 employees.
YUVA PAY has completed 4 funding rounds, raising a total of $50.00K. The latest funding stage is Seed.
Top alternatives and competitors to YUVA PAY include Kawu, PAYFAZZ, AjoCard, OOjiBO, Happi - Enabling Banking for Underbanked/Unbanked. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
YUVA PAY and Kawu 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 YUVA PAY, https://bouncewatch.com/company/yuva-pay, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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