FortunePay

FortunePay

  • FOUNDING YEAR: 2011
    LOCATION:
    India
    REGION:
    Karnataka
    Last Update:
    13 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Payment gateway, Mobile based card readers, Card based EMI services, Payment processing & white label products for banking, ecommerce & retail merchants FortunePay is a one-stop shop for banks and service providers.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Banks, Ecommerce & Retail merchants
EXISTING PARTNERSHIPS:
Ratnakar Bank Bank - to offer Fortune MPOS devices at McDonald’s restaurants across west and south India. PAX technology Ltd - to improve technology services at McDonald's outlets. They partner with card issuer banks such as Axis, ICICI & other banks to provide EMI services to their e-commerce partners, retail customers and users.
COMMENT
The company provides interfaces to integrate its platform with clients’ business systems in a bid to improve their efficiency and service levels.

PEOPLE

MEDICI analysts will analyze FortunePay soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$1 Million
DATE OF LAST FUNDING:
Jun 2016
SEED & PRIOR FUNDING:
$1 Million
LISTED:
NO

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