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Transform payments & banking at retail points across India201-500 Employees
  • Scale Stage
    Rapidly increasing operations
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201-500 people
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Financial ServicesMobile PaymentsBankingFin Tech
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Transform payments & banking at retail points across India
Novopay's vision is to transform payments/banking for all by providing retail financial services points across India & to provide the next generation core banking system (CBS) for mobile-based, AI-enabled seamless banking.

Launched in 2014, Novopay is a pioneering Indian fintech company. We have enabled millions to access financial products including remittances & banking — all using in-house technology. Funded by Khosla Ventures and IDFC, we turned profitable (and Free Cash Flow positive) in Q4FY18 while continuing to grow rapidly.

We currently have two main businesses –banking solutions & retail. At the heart of the company is a cloud based core banking stack that has payments, loans and deposits services. This platform is used for the in-house retail business & is also sold on a Software As A Service model to financial institutions.
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