Mswipe provides point-of-sale (POS) solutions for all types of payment acceptance. Its solutions include cards, wallets, mobile payment applications, and quick response (QR) payments. The company was founded in 2011 and is based in Mumbai, India.
ESPs containing Mswipe
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The physical point-of-sale market refers to the range of hardware and software solutions used to process transactions at retail and other physical locations. Physical point-of-sale systems typically include a combination of hardware components, such as a terminal, card reader, and cash drawer, and software that allows for transaction processing, inventory management, and other business functions. …
Research containing Mswipe
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Mswipe in 1 CB Insights research brief, most recently on Nov 23, 2022.
Expert Collections containing Mswipe
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Mswipe is included in 2 Expert Collections, including Payments.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Excludes US-based companies
Latest Mswipe News
Nov 8, 2023
Nayantara Bhargava, who was formerly in charge of banking and partnerships, has been elevated to the role of chief business officer Mswipe said the appointments will strengthen its position in the Indian market at a time when it is eyeing global expansion Mswipe, which recently partnered with Etisalat in the UAE, has already started operations in Singapore, with plans to launch in other countries as well Fintech major Mswipe Technologies has elevated chief executive officer (CEO) Ketan Patel as a cofounder. Additionally, Nayantara Bhargava, formerly in charge of banking and partnerships, has been elevated to the role of chief business officer. In a statement, the company said that this diverse leadership is aimed at creating an inclusive and dynamic environment that fosters success and equality. With this, MSwipe aims to propel its growth in India on a global front, while promoting innovation, and providing a seamless experience to the merchant community. Commenting on the new elevations, cofounder and CEO Patel said, “This initiative has been taken to strengthen the position of Mswipe Technologies in the Indian market, but while we maintain our focus on that, we plan to expand our reach to multiple other countries in the near future. The company, which recently partnered with Etisalat in the UAE , has already started operations in Singapore, with plans to launch in other countries as well, he added. “The advancements in Mswipe’s leadership team marks a significant stride in fortifying the company’s journey. As we embark on international ventures, our unwavering focus remains on strategic initiatives, customer-centricity, innovation, and sustainable growth,” Patel added. Founded in 2011 by Manish Patel, Mswipe is an omnichannel digital payment platform providing a host of payment acceptance solutions to merchants across categories across 800 cities and towns of India. It also offers digital lending to merchants through its non-banking financial corporation (NBFC) arm Mcapital. The Mumbai-based fintech major counts the likes of B Capital, UC-RNT, Falcon Edge Capital, Matrix Capital Partners, DSG Partners and Epiq Capital among its investors. Last year, Mswipe got approval for the license of a payment aggregator from the Reserve Bank of India. Back then, it said that the company would look forward to developing an in-house online payment gateway to offer full-stack payment solutions to offline and online merchants and plans to add more merchants to the platform. Besides Mswipe, a number of other fintech startups have also made announcements of new appointments in recent times. Recently, fintech unicorn Razorpay elevated Rahul Kothari to the position of Chief Operating Officer (COO) for India and Malaysia. PayU India announced the promotion of Anirban Mukherjee to the role of CEO, in which he would be responsible for the overall business management of the company.
Mswipe Frequently Asked Questions (FAQ)
When was Mswipe founded?
Mswipe was founded in 2011.
Where is Mswipe's headquarters?
Mswipe's headquarters is located at Marathon Futurex, A Wing, Mafatlal Mills Compound, N.M.Joshi Marg, Lower Pare, Mumbai.
What is Mswipe's latest funding round?
Mswipe's latest funding round is Series E.
How much did Mswipe raise?
Mswipe raised a total of $103.14M.
Who are the investors of Mswipe?
Investors of Mswipe include DSG Consumer Partners, Alpha Wave Global, B Capital Group, Epiq Capital, Matrix Partners India and 6 more.
Who are Mswipe's competitors?
Competitors of Mswipe include PhonePe, Ezetap, Innoviti, QueueBuster, Mosambee and 7 more.
Compare Mswipe to Competitors
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Stripe develops a financial infrastructure platform. The company offers a suite of services including online payment processing, revenue and finance automation, and banking-as-a-service. Its services allow businesses to accept payments online or in person, automate their revenue and finance operations and embed financial services into their platforms or products. It primarily serves the e-commerce, software as a service (SaaS), marketplace, and finance automation sectors. It was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
QFPay offers a mobile payment solution. It uses a card reader to allow merchants to receive payments using the reader and a mobile phone. It was founded in 2011 and is based in Kowloon, Hong Kong.
Razorpay offers payment solutions for businesses to accept, process, and disburse payments with its product suite. It assists users to access all payment modes including credit cards, debit cards, net banking, unified payments interface (UPI), and mobile wallets. The company also provides banking solutions such as vendor payments, automated payout, current accounts, tax payments, and payroll. It was founded in 2014 and is based in Bengaluru, India.
TouchBistro is a company that focuses on providing an all-in-one point of sale (POS) and restaurant management system in the restaurant industry. The company offers a range of services including front of house, back of house, and guest engagement solutions, which help restaurateurs streamline their operations, manage their menu, sales, staff, and more. These services are designed to increase sales, improve guest experiences, and save time and money. It was founded in 2011 and is based in Toronto, Ontario.