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Shelfpay

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Shared payments app enabling group expense management and tracking.

Overview

Shelfpay operates as a retail challenger bank that focuses on a shared payments application aimed at facilitating group financial management. The platform enables users to create groups, pool funds for common expenses, and monitor spending, addressing the difficulties associated with managing shared costs among friends and family. Targeting both individuals and groups, Shelfpay offers payment options for both online and offline transactions, and includes a rewards system for usage. The company generates revenue through partnerships with merchants and potential in-app advertising, with the goal of simplifying expense management and promoting equitable financial contributions within groups.

Key facts

Founded
2022
Headquarters
Bengaluru, India

Business model

Contact

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About Shelfpay

What does Shelfpay do?

Shelfpay operates as a retail challenger bank that focuses on a shared payments application aimed at facilitating group financial management.

Where is Shelfpay headquartered?

Shelfpay is headquartered in Bengaluru, India.

When was Shelfpay founded?

Shelfpay was founded in 2022.

Which sector is Shelfpay in?

Shelfpay operates in Digital Banks, part of Financial Technology.

Who are Shelfpay's competitors?

Companies similar to Shelfpay include Fingo Africa, Prospa, and Miio.