ItzCash

digital cards

STATUS: Acquired/Merged
FOUNDING YEAR: 2006
LOCATION: India
Last Update: 17/07/2020

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

About

ItzCash Cash Card Ltd. offers prepaid cash cards to payment solutions companies. Their product range has acceptance from services to stores to solutions, both in the offline and online marketplace.

Focus

PRODUCTS & SERVICES

Consumer solutions: Prepaid cards, Dish TV cards, Money transfer services, Itz cash E-wallet, Gifting solutions; Corporate solutions: Cash management, Online payment gateway, Corporate cards, Corporate gift cards; Campus solutions: Campus card, Power to Play; Govt. solutions: Disbursement management, Collections/receivables management

REVENUE MODEL

Transaction-based revenue model

MAIN CLIENTS

Yebhi.com

Bookmyshow

IRCTC

Cleartrip

Fun Cinemas

Red Bus

EXISTING PARTNERSHIPS

RuPay

Visa

IDBI Bank

MasterCard

Canara Bank

HDFC Bank

Yes Bank - to offer branded cards.

Traction

NUMBER OF TRANSACTIONS:

55 M

TRANSACTIONS VALUE:

$1.12 B

ACTIVE USERS:

8.0000

People

FOUNDERS

Naveen Surya

NUMBER OF EMPLOYEES

501-1000

INVESTORS:

Essel Group

Intel Capital

Lightspeed India Partners

Lightspeed Venture Partners

Matrix Partners

Momentum

FUNDED

YES

TOTAL FUNDING

$35.3 M

DATE OF LAST FUNDING

Sep 2014

FUNDING SERIES

SERIES B  · $10.3 M  · Jul 2009

SERIES C  · $15 M  · Sep 2014

OTHERS  · $10 M · Oct 2007

LISTED

NO

BASICS

STATUS:

Acquired/Merged

FOUNDING YEAR:

2006

LOCATION:

India

Views:

247 VISITORS | 426 VIEWS
LATEST FUNDING ROUND

$35.3 M

TOTAL EMPLOYEES
501-1000

About

ItzCash Cash Card Ltd. offers prepaid cash cards to payment solutions companies. Their product range has acceptance from services to stores to solutions, both in the offline and online marketplace.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

Focus+
Momentum+
Traction+
People+
Other+

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack