O
Obopay
Mobile payment application
About Obopay
OBOPAY, established in 2005, is a pioneering mobile money services platform that offers a comprehensive suite of revenue-enhancing applications. The company operates in the financial technology sector, providing a unique integrated processing platform capable of linking multiple participants into a transaction network. OBOPAY's platform supports various payment technologies and is designed to be highly reliable, scalable, and secure, meeting bank-grade security benchmarks.
OBOPAY serves a diverse range of clients, including service providers and businesses looking to expand their revenue streams and reduce customer churn through white-labeled solutions. The platform supports multiple languages, including English, French, Spanish, and Arabic, making it accessible to a global audience.
The company's business model revolves around providing a white-labeled mobile payment solution that clients can brand and launch in their respective markets. This approach allows OBOPAY to generate revenue through licensing fees and transaction-based charges. The platform has powered over 3 billion transactions globally, with zero reported fraud cases, highlighting its security and reliability.
OBOPAY operates in the global mobile money market, impacting economies worldwide. The company's solutions are designed to extend clients' distribution networks, enhance customer engagement, and drive revenue growth. With a state-of-the-art security infrastructure and a team of industry experts, OBOPAY continues to deliver outstanding results in the mobile money sector.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2005
- Headquarters
- Bengaluru, India
- Employees
- 74
- Open positions
- None listed
- Dealroom signal
- 80.0/100
- Industry
- Fintech
- Sub-industry
- Payments
- Sector
- Fintech, Money Management, Banking, Platform, Financial Service, financial inclusion
- Client focus
- b2b
- Investment activity
- 1 company, latest Jan 2007
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jul 2011 | $8.8M | $35M | Qualcomm Ventures | — |
| SERIES EOther financing | Mar 2009 | $70M | $280M | Nokia Corporation | — |
Growth signals
Latest recorded traffic for Obopay is 1.5K monthly website visits, down 67.4% over the last three months. Obopay's team grew 2.8% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later8 investors entered at this stage
Citi
Societe Generale
AllianceBernstein
Essar Communications Holdings
Qualcomm Ventures
The Olayan Group
Promethean
Nokia Corporation
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Obopay on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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