Recurring payments solution for businesses in India.
Company was acquired
Event Year: 2017
Company was acquired
Event Year: 2017
LotusPay, a recurring payments solution tailored for businesses operating in India, was acquired by Juspay in January 2024. LotusPay streamlined the process of collecting payments directly from customers' bank accounts through paperless NACH Debit, offering a convenient and efficient solution. The platform catered to a wide range of recurring payment needs, including loan repayments, membership fees, subscriptions, billing, recurring donations, and tuition fees. Whether the payments were fixed or variable, LotusPay provided a robust infrastructure for managing both regular and irregular transactions. LotusPay was part of the Y Combinator Summer 2017 batch, highlighting its innovative approach to fintech.
LotusPay, a recurring payments solution tailored for businesses operating in India, was acquired by Juspay in January 2024. LotusPay streamlined the process of collecting payments directly from customers' bank accounts through paperless NACH Debit, offering a convenient and efficient solution. The platform catered to a wide range of recurring payment needs, including loan repayments, membership fees, subscriptions, billing, recurring donations, and tuition fees. Whether the payments were fixed or variable, LotusPay provided a robust infrastructure for managing both regular and irregular transactions. LotusPay was part of the Y Combinator Summer 2017 batch, highlighting its innovative approach to fintech.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2017
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2017
Fintech
Fintech
Fintech -> Payments
Fintech -> Payments
Team size: 5
Hiring: No
Team size: 5
Hiring: No
