Last deal

Amount

Seed

Stage

13.05.2019

Date

3

all rounds

General

About Company
Microchip Payments is a mobile payment app and POS device for offline payments.

Industry

Sector :

Subsector :

Keywords :

Also Known As

VoicePay

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Seed

IPO status

Private

Description

Microchip Payments is a provider of a mobile-based payment application that uses data over voice technology to enable transactions, allowing users in rural regions, low internet penetration areas, and the MENA Region to utilize mobile payment without any faults. The company also provides Embedded Finance integrations over telecom, communication chatbots & CRM channels. Their core product, VoicePay, is a Voice bot+Text Bot Solution that enables payments and services over teleconsulting/phone calls/offline mode/bots. Microchip Payments has received several awards, including the #1 Elevate Award by the Government of Karnataka, #2 GoM Grant Award by the Government of Maharashtra and Mumbai Fintech Hub, and #3 Design for All, Tenet Award by Celo Foundation. The company is funded by Deshpande Startups and backed by JioGenNext, Qatar Fintech Hub, and Mumbai Fintech Hub Core Innovations.