Hi, my name is Alka and i am a fintech professional who thrives on leading teams and shaping strategies that drive innovation in digital payments. At PayAid Payments, I focus on delivering seamless, secure, and scalable payment solutions that empower businesses and enhance customer experiences. With a track record of leading cross-functional teams, driving operational efficiency, and spearheading digital transformation, I am passionate about building future-ready financial solutions. My leadership approach combines strategic vision with hands-on execution, ensuring alignment between business objectives and technological advancements. Key Strengths: ✔ Leadership & Team Development ✔ Fintech Strategy & Innovation ✔ Payment Processing & Compliance ✔ Digital Transformation & Growth I believe in fostering collaboration, mentoring talent, and creating impact-driven solutions that shape the future of financial services. My Company, PayAid Payments is a payments orchestrator for online merchants in India and has been in business for 4+ years, solving the the transaction failure problem for online businesses. In India, we are integrated with 18 payment aggregators and 2 banks. Our target customers are SMEs who have regular cash flows. The average customer has a transaction of ~ Rs [150] k/ month (Around 1600 USD) which has high degree of predictability. Most of the sectors we focus on are sectors which are largely insulated from market cycles (Retail, Super markets, Govt collections, Education, Healthcare etc.). At PayAid Payments, our goal is simple yet ambitious: to create a world where payments are seamless, secure, and accessible to all. Over the past four years, we have worked tirelessly to bring this vision to life. Thanks to the trust of our clients and partners, we’ve achieved significant milestones, including: 1. Growing our user base by 50% in the FY24, reflecting the demand for our solutions. 2. Successfully processing over 1500 Crs in transactions in FY24, poised to scale to 3500 Crs in FY25, demonstrating our platform’s scalability. 3. Forging partnerships with 18+ Banks and largest fintechs in India, underscoring our credibility and potential for impact. 4. We have a full service capability with comprehensive solutions in Online payment acceptance and a host of value added solutions (Onboarding, Risk, Clearing & Settlement, Recon and Customer service management). 5. We have recently launched PayAid Global Accounts for help SMB to collect international payments with ease at minimal charges and lower timelines. While we are proud of these accomplishments, we recognize there is so much more to achieve. As we look to expand our operations, enhance our platform, and capture new opportunities within the $3.3 Trillion payments market, we are currently raising $1.5 Mn to support our next phase of growth – online payment processing, international market expansion and acquiring customers on our own name to cross sell products (loans, insurance etc.).
