PayLatr
PayLatr.com is a mobile payments platform that enables recurring micro-credits to mid-income households.
Business Model: B2C
Revenue: $0
Employees: 1-10
Industries / Tags:
Detailed PayLatr Information
Geographic Data
Address:
City: Pune
State: Maharashtra
Zip:
Country: India
Financial Info
Stage:
grant
Raised Last:
$100k
Raised Total:$100k
Social
Metrics
0Website Global Rank
0Website Monthly Traffic
Twitter Followers
Description
PayLatr is a recurring micro-credit mobile platform offering interest-free monthly credits to low-income households in India to easily pay for retail transactions without cash, credit cards or other pre-paid means. On average, a middle-income household in India spends about 7,000 – 9,000 rupees at any neighborhood store. More than 95 percent of transactions are in cash because most stores do not accept cards and/or users do not have credit cards. Often, households experience cash crunch issues by using up most of their cash for grocery shopping. PayLatr offers monthly credit to improve their household cash flow by providing recurring monthly credit lines at various merchants, via mobile money.
Contact Phone:
Contact Email:
| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2017 | Grant | 1 | $100k |
Catalyst Fund Catalyst Fund |
2/2017 | Seed Round | - |
Catalyst Fund Gray Ghost Ventures Catalyst Fund Gray Ghost Ventures |
2/2017 | Seed Round | 2 | - |
Catalyst Fund Gray Ghost Ventures Catalyst Fund Gray Ghost Ventures |
|---|
| Announced Date | Name | Price |
|---|
Employee Departments
Employee States
|
|
Revenue: 0 - 100000 Employees: Industry: Software |
Details
|
|
|
Revenue: 0 - 100000 Employees: 51 - 500 Industry: Education |
Details
|
|
|
Revenue: 0 - 100000 Employees: 1 - 10 Industry: Blockchain |
Details
|
|
|
Revenue: 0 - 100000 Employees: 11 - 50 Industry: Industrial |
Details
|
|
|
Revenue: 0 - 100000 Employees: 1 - 10 Industry: Advertising |
Details
|
