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Ezetap Mobile Solutions company logo
Corporation
MOBILE & TELECOMMUNICATIONS | Mobile Software & Services / Payments
corp.ezetap.com

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Founded Year

2011

Stage

Series D | Alive

Total Raised

$51M

Last Raised

$16M | 4 yrs ago

About Ezetap Mobile Solutions

Ezetap is an India-based payments processor. The company offers solutions that allow merchants in the developing world to accept any form of payment - credit, debit, mobile wallet, etc. - through a simple, interoperable point.

Ezetap Mobile Solutions Headquarter Location

#153, 9th Main Road HSR Layout - Sector 6

Bengaluru, 560102,

India

+91-80-33013131

Latest Ezetap Mobile Solutions News

Ezetap appoints interim head Byas Nambisan as new CEO

Mar 7, 2019

Photo Credit: Thinkstock Cellphone payments service provider Ezetap Mobile Solutions Pvt. Ltd has appointed its former finance chief and interim chief executive officer Byas Nambisan as CEO. In a press note, the company said the decision to make an internal elevation was arrived after the company had interviewed several external candidates for the vacancy. Nambisan was earlier involved in various functions such as finance, operations, engineering and sales. In the statement, Nambisan said that achieving break-even, besides technological and geographical expansion goals, was part of his near-term responsibilities. Holder of an MBA degree from Carnegie Mellon University, Nambisan had joined Ezetap in 2014 as its finance chief. Before that, he had served nearly 20 years at Intel Corporation, exiting the company as its senior financial controller. Bengaluru-based Ezetap was founded in 2011 by Bose and Bhakta Keshavachar. The Ezetap solution turns any merchant’s mobile device into an intelligent point of sale that is able to read all cards and complete a full spectrum of financial transactions, including credit card sale, real-time bill payment and ATM cash withdrawals or deposits. Ezetap has managed to raise more than $51 million so far. In 2015, the company raised $24 million in its Series C round from existing investors Social Capital, Helion Advisors, Berggruen Holdings, Horizons Ventures and others. Some of its other investors include American Express, Prime Venture Partners, and Capricorn Ventures (Jeff Skoll Group). In the last-known fundraising in 2017, the company secured $16 million (Rs 102 crore) in a round led by US-based JS Capital Management, the investment fund of Jonathan Soros. The company claims that it enables digital payments for more than 200,000 merchants and users across India and processes $135 million in transactions monthly. Ezetap recently acquired payment startup FortunePay to boost its payment processing infrastructure for banks. Tags

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Expert Collections containing Ezetap Mobile Solutions

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Ezetap Mobile Solutions is included in 6 Expert Collections, including Smart Money VCs (2017-2019).

S

Smart Money VCs (2017-2019)

6,297 items

We crunched the data to identify the 24 VC firms with the best combination of portfolio valuations and investment outcomes.

F

Fintech 250

248 items

P

Payments

1,486 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.

2

2018 Fintech 250

250 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

I

India Fintech Landscape

430 items

F

Fintech

10,750 items

Excludes US-based companies

Ezetap Mobile Solutions Patents

Ezetap Mobile Solutions has filed 5 patents.

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Application Date

Grant Date

Title

Related Topics

Status

9/28/2012

Banking technology, Payment systems, Antennas (radio), Smart cards, Financial routing standards

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Related Topics

Banking technology, Payment systems, Antennas (radio), Smart cards, Financial routing standards

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Status

Application

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Ezetap Mobile Solutions Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Ezetap Mobile Solutions Rank

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