- LotusPay, led by Atma Krishna, transforms recurring payments with cloud-based eNACH.
- Y-Combinator-backed, it's a fintech standout, simplifying payment hassles.
- Revolutionizing finance, LotusPay's design and tech outshine traditional banking.
Hey there, money enthusiasts! Today, let's unravel the mystery behind LotusPay, the fintech superhero that's changing the game of recurring payments. Founded by the finance maestro Atma Krishna, this Bengaluru-based startup is making waves in the financial tech scene. Ready to dive in and discover what makes LotusPay so special? Let's roll!
Meet LotusPay: The finTech wizard
Picture this: It's June 2016, Bengaluru is buzzing, and LotusPay emerges on the scene. Fast forward to 2017, and they've snagged a spot in Y-Combinator's Summer batch – talk about a golden ticket! With a core team of 10 brilliant minds covering everything from engineering to customer support, LotusPay is on a mission.
Atma Krishna: The brain behind the brilliance
Now, let's talk about the brains behind this financial revolution – Atma Krishna. Armed with a BSc in Management from the London School of Economics and an MBA from the Indian School of Business, this guy means business. With a past life at Barclays Capital in London and McKinsey, Atma knows the financial ropes like the back of his hand.
Why LotusPay matters
LotusPay swoops in to tackle a real headache for businesses: recurring payments. They've got a slick, cloud-based solution that taps into the NACH-NPCI payment system.
What does that mean for you? Say goodbye to payment hassles, especially if you're in industries like healthcare, education, or fitness.
The lowdown on LotusPay's magic product
So, what's LotusPay's secret sauce? Their product is like the superhero cape for businesses dealing with recurring payments. Powered by eNACH, it's a cloud-based marvel that makes eMandates and physical mandates a breeze. Imagine streamlining your recurring payments with efficiency dialed up to eleven.
What makes LotusPay the cool kid on the block
LotusPay isn't your run-of-the-mill fintech player. They stand out by offering a cloud-based solution that's a secure and scalable gateway to the NACH-NPCI payment system. Their focus on sleek design and top-notch technology leaves traditional banking offerings in the dust.
LotusPay's victory lap: Funding and recognition
As a Y-Combinator star, LotusPay isn't just turning heads – it's securing funds and making waves. An undisclosed seed round in December 2017 is proof that investors are hopping on the LotusPay bandwagon.
Their innovative approach to digital payments and dedication to tackling India's recurring payment challenges have earned them a spot in the Fintech Hall of Fame.
In a nutshell
LotusPay, crafted by Atma Krishna, is a game-changer in the world of recurring payments. Their cloud-based solution, sprinkled with eNACH magic, provides a secure and scalable platform for eMandates and physical mandates.
With Y-Combinator's seal of approval and a focus on revolutionizing financial tech, LotusPay is set to soar to new heights. Get ready for the future of recurring payments – it's LotusPay or bust!
Edited by Shruti Thapa