Vegapay

Vegapay

Technology, Information and Internet

Democratising access to superior technology for banks and non-banking financial institutions.

About us

Vegapay is an Indian Fintech Startup that enables banks, NBFCs and other institutions to go live with their own hyper-flexible card and credit programs at a fraction of the existing time and cost.

Website
https://www.vegapay.tech/
Industry
Technology, Information and Internet
Company size
11-50 employees
Headquarters
Gurgaon
Type
Privately Held
Founded
2022

Locations

Employees at Vegapay

Updates

  • View organization page for Vegapay, graphic

    9,457 followers

    Vegapay is thrilled to announce the launch of our Co-Lending Management System (Co-LMS), now live with Capri Global Capital Ltd., a leading NBFC, on both CLM 1 and CLM 2 models. This system provides Capri with a robust tool to efficiently manage their Co-lending Partnerships. Vegapay’s Co-LMS addresses key challenges for lenders, facilitating seamless management of the entire loan lifecycle between co-lenders and NBFCs. This includes loan origination, underwriting, disbursement, servicing, and reconciliation to match accounting records accurately. We extend our sincere thanks to Capri Global Capital Ltd., Rajesh Sharma Sir, Divya S Ma'am, and the rest of the Capri team for putting their trust in us. We look forward to achieving many more successes together. If you are a lender/co-lender looking for a powerful Co-lending platform, Vegapay is the only technology enabler you need. Reach out to manan.aggrawal@vegapay.tech to know more. Embrace the future of banking with Vegapay 🚀 Capri Global Capital Ltd. Vegapay Gaurav Mittal Puneet Sharma Abhinav Garg Himanshu Agrawal #FinTech #Banking #Lending #Credit #Colending #Innovation

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    Launch Alert: PahalPe! We're delighted to announce that Vegapay has successfully assisted Pahal Financial Services Pvt. Ltd. in the soft launch of PahalPe, an innovative digital platform for both unsecured and secured loans. PahalPe is a digital platform integrating end-to-end digital journeys, seamless onboarding and engagement, secure digital repayments, and a user-friendly multilingual UI/UX. This milestone marks a significant step forward in Pahal's digital lending journey. A heartfelt congratulations to the entire Pahal team for this achievement! We're proud to have been a part of this journey and look forward to many more successes together. Vegapay Pahal Financial Services Pvt. Ltd. Gaurav Mittal Puneet Sharma Abhinav Garg Himanshu Agrawal Purvi Bhavsar Kartik Mehta Dr.Jasmin B Gupta #DigitalLending #Fintech #Innovation #PahalPe #Vegapay

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  • View organization page for Vegapay, graphic

    9,457 followers

    If you are passionate about ensuring the highest standards of quality and excellence in software development, we have an exciting opportunity for you to join our team as a Software Development Engineer in Test. As a Quality Assurance Specialist at Vegapay, you will be responsible for ensuring the quality and reliability of software applications and products through systematic testing and validation processes. You will work closely with the development team to identify issues, suggest improvements, and maintain the overall quality standards of the software. Responsibilities: Test Planning and Strategy: - Develop comprehensive test plans and strategies that outline the testing approach, scope, and resources required. - Identify test scenarios, use cases, and test data to cover various aspects of the software. Test Execution & Automation - Execute manual and automated tests to verify the functionality, performance, and security of software applications. - Document test results, defects, and issues in a clear and organised manner. - Conduct regression testing to ensure that new code changes do not negatively impact existing functionality. - Develop and maintain automated test scripts using testing frameworks and tools. - Continuously enhance and expand the test automation suite to cover new features and functionality. Defect Management: - Identify, report, and prioritise defects or issues found during testing. - Work closely with developers to reproduce, debug, and resolve issues. - Verify fixes and ensure that defects are properly closed. Process Improvement: - Continuously evaluate and enhance the QA process to optimise efficiency and effectiveness. - Identify opportunities for process automation and implement best practices. Documentation: - Create and maintain test documentation including test cases, test scripts, and testing guidelines. - Produce clear and concise reports summarising testing activities, outcomes, and metrics. What we are looking for : - Bachelor's degree in Computer Science, Engineering, or a related field. - Proven experience (3+ years) as a Quality Analyst in fintech or related industries. - Strong understanding of software development life cycles and QA methodologies. - Experience with testing tools and frameworks, both manual and automated. - Proficiency in programming languages and scripting for test automation (e.g., Python, Java, Selenium). - Familiarity with version control systems and issue tracking tools. - Immediate joiners preferred. Location - Gurugram Here is the link - https://lnkd.in/gsUVCDJU Apply now and join us on our mission to deliver exceptional software solutions to our customers.

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    Join our Team as a Technical Lead! Job Summary: The Technical Lead will oversee the technical aspects of projects, manage a team of engineers, and collaborate with other departments to deliver high quality software solutions. This role requires a blend of hands-on technical expertise, leadership skills, and strategic thinking. Key Responsibilities: 1. Leadership and Management: - Lead and mentor a team of software engineers, providing technical guidance and career development. - Foster a collaborative and inclusive team environment. - Conduct regular performance reviews and provide constructive feedback. 2. Project Management: - Oversee the technical execution of projects from conception to deployment. - Ensure projects are delivered on time, within scope, and within budget. - Coordinate with project managers, product owners, and other stakeholders to align technical solutions with business goals. 3. Technical Expertise: - Architect, design, and develop scalable and robust software solutions. - Review and approve technical designs, code reviews, and system architecture. - Stay current with industry trends and advancements, incorporating relevant innovations into projects. 4. Quality Assurance: - Implement best practices for coding standards, testing, and deployment. - Ensure the reliability, performance, and security of applications. - Facilitate regular code reviews and encourage the use of automated testing. 5. Collaboration and Communication: - Work closely with cross-functional teams including product management, UX/UI, and operations. - Communicate technical concepts to non-technical stakeholders effectively. - Act as a liaison between the development team and other departments. 6. Problem Solving: - Identify technical risks and develop mitigation strategies. - Resolve technical issues and provide timely support to the team. - Encourage a culture of continuous improvement and innovation. Qualifications and Skills: - Bachelor’s or Master’s degree in Computer Science, Engineering, or a related field - Minimum of 6 years of experience in software development, with at least 2 years in a leadership role. - Proven track record of successfully leading complex technical projects. Technical Skills: - Proficiency in programming languages such as Java, Python, C#, or JavaScript. - Experience with cloud platforms (AWS, Azure, GCP) and microservices architecture. - Strong understanding of databases, both relational and NoSQL. - Familiarity with DevOps practices and tools (CI/CD, containerization, etc.). - Experience with Agile/Scrum methodologies. - Previous experience in a similar industry or domain. Job Location - Gurugram and Bangalore Application Form - https://lnkd.in/gscWUFn4

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    We are Hiring🚀 Job Role - Process & Compliance Engineer About the role:  This role is a part of the Information Security Team of Vegapay, and the individual will be responsible for preparing and supporting PCI DSS, ISO 27001 and other external Audits. He will actively participate, strengthen, improve Internal Audit process and provide assurance on internal technology and process compliance. Responsibilities: - Work with internal and external stakeholders to assess the IT architecture solutions to identify the risk areas with regards to PCI controls. - Assess the network architecture and review the Firewall rulesets, Network devices/appliances to see if they are aligned with the PCI control requirements and recommend compensatory controls where necessary. - Perform Quarterly user access reviews and publish the reports and recommendations - Execute operational activities to support audit and compliance activities including technical validation processes. - Maintain Vendor/Third Party risk management program including vendor onboarding audit, periodic vendor assessment, and TPRM Database. - Review and implement controls and policies as per RBI and other regulatory requirements.  - Evaluate effectiveness of implemented controls and provide recommendations for improvement against various standards. Eligibility: - Must have 2+ Years of experience. - Bachelor of Technology (BE/B.Tech),M.Tech or ME in Computer Science, MCA or equivalent. - Must have a good understanding and hands on experience on PCI DSS standard and various compliance standards. - Good understanding of risk assessment frameworks - Hands on experience in conducting internal PCI controls review and other relevant Quarterly activities. Job Location - Gurugram and Bangalore Unlock this opportunity by submitting your application through our Google form Google form link - https://lnkd.in/gsUVCDJU

  • View organization page for Vegapay, graphic

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    Exciting Opportunity Alert! We're seeking a proficient Technical Writer to become a vital part of our energetic team. You'll play a pivotal role in creating clear, concise, and engaging documentation for our cutting-edge products and services. You'll collaborate closely with developers, engineers, and other stakeholders to transform complex technical information into user-friendly guides, tutorials, and manuals. Job Role - Technical Writer Responsibilities: - Collaborate with Tech & Product teams to gather and understand technical information. - Write, edit, and proofread technical documentation for software applications, products, and processes. - Organize complex information into clear, concise, and user-friendly documentation. - Create and maintain user manuals, guides, release notes, online help documentation, and other technical materials. - Work closely with software developers, engineers, and product managers to ensure accuracy and completeness of documentation. - Conduct research and gather information from various sources to supplement documentation. - Ensure documentation meets industry standards and follows established style guides. - Continuously improve documentation processes and standards. Requirements: - Bachelor’s degree in English, Technical Writing, Computer Science, or related field with work exp. of 6-8 yrs in a relevant field. - Excellent writing, editing, and proofreading skills. - Ability to quickly grasp complex technical concepts and make them easily understandable. - Certification in Technical Writing or related field. - Familiarity with content management systems and version control systems. - Ability to work independently and collaboratively in a fast-paced environment. - Portfolio of previous work demonstrating writing skills and technical knowledge. Unlock this opportunity by submitting your application through our Google form Google form link - https://lnkd.in/gsUVCDJU Let's build the future of fintech together.

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    Co-Founder & CEO, Vegapay

    I am thrilled to share some exciting news with you! Vegapay has secured $5.5 million in funding led by Elevation Capital. This investment marks a significant milestone in our journey and heralds a new phase of growth for our company. At Vegapay, we are dedicated to revolutionising the Banking landscape by enabling financial institutions to launch hyper-flexible card and credit based products with lightning speed. Our platform empowers card issuers to launch and manage a diverse range of programs. Additionally, we help financial institutions manage their loan books with our powerful Loan Origination System, Co-lended Loan Management System and Loan Collection System. By addressing the critical issues of speed, scale, and innovation, Vegapay ensures that financial institutions can stay ahead of the curve and deliver exceptional services to their customers. We are immensely grateful to our investors for their steadfast support and belief in our vision. Special thanks to Devashish Khanna from Capri Global, Pearl Agarwal from Eximius Ventures, and Pratekk Agarwaal. Your trust and partnership have been instrumental in our success, and we look forward to continuing this journey together. I would like to extend our utmost gratitude to Mridul Arora, Srinivas (Vaas) Bhaskar and Kshitij Jayakrishnan from Elevation Capital for the conviction they have shown in our team. Vegapay is hiring across various domains. If you are passionate about fintech and banking, this is a fantastic opportunity to join a dynamic and innovative team. The learning curve at Vegapay is incredible, offering a unique chance to grow and make a significant impact in the industry. Thank you to our entire community for your continued support. Together, we are making a lasting mark in the world of fintech, fostering relationships between financial institutions and innovative startups like Vegapay. The future is bright, and we are thrilled to embark on this journey with you. Embrace the future of banking. Abhinav Garg Himanshu Agrawal Puneet Sharma

    Fintech startup Vegapay raises $5.5M from Elevation Capital

    Fintech startup Vegapay raises $5.5M from Elevation Capital

    yourstory.com

  • View organization page for Vegapay, graphic

    9,457 followers

    🚨 Funding Announcement! 🚨 We are thrilled to announce that Vegapay has secured $5.5 million in funding led by Elevation Capital, marking a significant milestone in our journey. At Vegapay, we are democratising access to superior technology for banks and non-banking financial institutions. Our platform helps banks, NBFCs and fintechs launch hyper-flexible card & credit based products with lightning speed. We empower card issuers to launch and manage highly configurable card programs, including credit, debit, prepaid, and forex cards, as well as innovative credit-on-UPI-based solutions. Additionally, we offer Loan Origination Systems (LOS), Co-lended Loan Management Systems (Co-LMS), and Loan Collection Systems (LCS), addressing critical issues of speed, scale, and innovation to help our clients deliver exceptional financial services. We're also expanding our team! If you're passionate about fintech and banking, join us to work in a dynamic environment with incredible growth opportunities. Job Application Form: https://lnkd.in/gJq-i4Px Thank you to our investors and supporters for believing in our vision. The future is bright, and we’re excited to shape it together! Embrace the future of banking. Gaurav Mittal Puneet Sharma Abhinav Garg Himanshu Agrawal https://lnkd.in/gGDAanW3

    Fintech startup Vegapay raises $5.5M from Elevation Capital

    Fintech startup Vegapay raises $5.5M from Elevation Capital

    yourstory.com

  • View organization page for Vegapay, graphic

    9,457 followers

    Hiring Alert 🚀 Join our Team as an Operations Manager - Reconciliation We are seeking a highly skilled and motivated Operations Manager to oversee our reconciliation processes. The ideal candidate will have a strong background in finance, accounting, or related fields, with demonstrated experience in managing reconciliation operations effectively. The Operations Manager will be responsible for ensuring the accuracy and efficiency of our reconciliation processes, identifying and resolving discrepancies, and implementing improvements to streamline operations. What You'll Do : - Perform Visa/MasterCard/Rupay settlement reconciliations. - Will be responsible for Acquiring settlement, payment gateway, merchant onboarding and reconciliation process. - Respond in a timely and professional manner to all requests for information, regarding merchant onboarding/queries/settlements. - Handling File generation, batch run for daily settlement files and process internal reconciliation for settlement process. - Handling Mastercard/Visa/ Rupay settlement clearing. - Responsible for reviewing periodical Reconciliation of Settlement suspense accounts and ensuring proper follow up actions are being taken care of the outstanding entries. - Perform end of day reconciliation of Bank GLs - Responsible for reviewing periodical Reconciliation of Settlement suspense accounts and ensuring proper follow up actions are being taken care of the outstanding entries. - Merchant Integrations, Merchant Onboarding, API Integrations (PG/MPI/Merchant) - Ensure reconciliation, merchant onboarding processes and procedures are documented and maintained. - Monitor all regular system reports to ensure reconciliations are correct and bank transfers to detect irregularities. What We're Looking For : - Bachelor's degree in finance, accounting, business administration, or related field required; advanced degree or professional certification (e.g., CPA, CFA) preferred. - 4-5 years of experience in finance, accounting, or related fields, with a focus on reconciliation operations. - Experience in the Banking domain (Cards division) will be an added advantage. - SQL knowledge will be an added advantage. - Strong understanding of financial principles, accounting standards, and regulatory requirements related to reconciliation. - Proficiency in using financial software and tools, such as ERP systems, reconciliation software, and Microsoft Excel. - Excellent analytical skills and attention to detail, with the ability to identify discrepancies and resolve issues effectively. Location - Gurugram and Bangalore Unlock this opportunity by submitting your application through our Google form. You can also share your resume at hiring@vegapay.tech Google form link - https://lnkd.in/gsUVCDJU

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    We are seeking a highly skilled and creative DevOps Lead to manage the transition between project planning and software deployment. In this role, you will be responsible for developing software and configuring systems, implementing security controls, optimising infra cost and performing diagnostic tests throughout the stages of development. You will also be required to forecast project duration and cost. Job Role - DevOps Lead Responsibilities : - Consulting with management on the operational requirements of software solutions. - Contributing expertise on information system options, risk, and operational impact. - Managing the installation and configuration of solutions. - Collaborating with developers on software requirements, as well as interpreting test stage data. - Developing interface simulators and designing automated module deployments. - Completing code and script updates, as well as resolving product implementation errors. - Overseeing routine maintenance procedures and performing diagnostic tests. - Documenting processes and monitoring performance metrics. - Conforming to best practices in network administration and cybersecurity. - Implementing security controls. Requirements : - Bachelor's degree in software engineering, computer science, information technology, information systems, or similar. - Extensive experience of 6-8 yrs in DevOps engineering and collaboration. - Extensive experience of working with AWS and/or GCP cloud services. - Advanced knowledge of infrastructure automation tools like Terraform. - Ability to install and configure software, gather test-stage data, and perform de-bugging. - Ability to ensure smooth software deployment by writing script updates and running diagnostics. - Proficiency in documenting processes and monitoring performance metrics. - Advanced knowledge of best practices related to data encryption and cybersecurity. - Familiarity with DR setups and BCP plans. - Ability to keep up with software development trends and innovation. - Exceptional interpersonal and communication skills. Job Location - Gurugram and Bangalore If you are passionate and excited about leading a team that drives technological excellence, we would love to hear from you! Unlock this opportunity by submitting your application through our Google form. You can also share your resume at hiring@vegapay.tech Google form link - https://lnkd.in/gsUVCDJU

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Funding

Vegapay 2 total rounds

Last Round

Seed

US$ 5.5M

See more info on crunchbase