Avenues Payments is an IT solutions provider for the remittancemoney transfer and forex industries.
Avenues Payments India Pvt. Ltd was incorporated in the year 2012. Avenues Payments is headquartered in Mumbai, India. The company is majorly into providing remittance assistance to customers all around the globe. The company’s support and development center are based in Mumbai, India. Avenues Payments India Pvt. Ltd. is now being funded by India’s largest mobile wallet company, Paytm, and India’s only profitable and listed e-commerce company, Infibeam Avenues, amongst other investors.Infibeam Avenues has used its vast and long-standing experience in payments to now offer cross border transfers/payments to both individuals and businesses through Avenues Payments India Pvt. Ltd online website ( https://www.remitguru.com/ ) . It is a brand owned and run by Avenues Payment's India Pvt. Ltd. Remitguru.com is a personalized online remittance service specially created to meet the unique and diverse needs of the Indian diaspora living overseas. Avenue’s payment’s Remitonline ( https://www.remitonline.info/ ) provides money transfer software for banks and other business entities with a host of modules that enables them to launch their own remittance service with minimal capital expenditure and time to market.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Sep 22, 2018 | Corporate Round | $1.30M | 1 | ICICI Bank | — | Detail |
Investor Name | Lead Investor | Funding Round |
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ICICI Bank | Yes | Corporate Round |