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Spay Technology Pvt Ltd (SPAY INDIA)



Business Name: Spay Technology Pvt Ltd (SPAY INDIA)

Founder’s Name: Nikhilesh Tiwari

Location: New Delhi, India

Establishment (Year): 2018

Category and Sub-Category: Financial


Company Detail:

SPAY Technology Private Limited is a Fintech Company, which focuses on empowering Migrant population & other Underserved sections of the Indian economy. Spay Technology caters to a number of services such as Money transfer, Aadhaar Enabled Payment System, Bill payments, Recharge, travel bookings, Insurance, etc. Spay Technology believes in providing services as per “Where our Consumers need it, when they need it & in the Manner they need it”. Together with their network of agents, they speak to their consumer’s language and have a presence in their consumer’s neighborhood, by reaching extensively into the geographical segments through our Merchants to provide a hassle-free platform for the financial services.


The Vision is to assist in accrediting every underserved segment of the Indian population to live a hassle-free life. As Spay Technology understands the Consumer needs and provide services as per their Lifestyle, they are building an unparalleled platform, which brings finance services at the Consumers doorstep/ or in their hands, regardless of their location.


Unique Selling Proposition / Competitive Advantage:


Best DMT Portal having all the services with best margin so far.

'Spay Technology' remittance portal 'Spay India' enables money transfer for even non-bank account holders and work as a hub for other financial services. Spay India also provides AEPS (Aadhaar Enabled Payment System) to make the process even more efficient and secure.


𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐦𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐜𝐨𝐦𝐩𝐚𝐧𝐲:

  • Currently doing 1300cr business on monthly basics serving 15M.

  • Customers with 40k plus Agent base.

  • Founder and CEO received INDIAN ICON AWARD 2021-22 as the (Young and Dynamic Entrepreneur of the Year - Fintech)

  • Awarded by” TOP 10 BEST FINTECH - 2022 by the CIO Insight Magazine


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