What Glomo India Llp does

Glomo (legally Glomopay Software Private Limited, CIN U62013KA2024PTC184869, with a parallel IFSC entity Glomo Payments IFSC Private Limited, CIN U66190GJ2024PTC155981) is a 2024-incorporated Indian fintech building an API-first cross-border payment infrastructure platform. The product surface is delivered as a single API stack of seven modules — Checkout, Payment Links, Subscriptions, Payouts, Identity (KYC/KYB/AML/sanctions screening), Treasury (60+ currencies, real-time balances, FX), and LRS-compliant Outward Remittance — engineered to let businesses 'collect, disburse, and manage funds across 100+ countries with automated compliance built in.' Underlying technical components include sub-15-second modular identity verification across documents from 100+ countries, direct integrations with AD Category-I banks for India outbound remittance, and multi-currency treasury rails spanning 60+ currencies.

The company targets three named customer segments: Global Businesses (GCCs, ASPs, education institutions), Financial Institutions (FMEs, brokers, insurance), and Marketplaces (global e-commerce and digital product sellers). It monetizes through transaction-based fees on checkout, payouts, and cross-border flows; pricing is quote-based and not publicly disclosed, consistent with an enterprise sales motion layered over a self-service developer sandbox. Go-to-market combines direct API integration, a 'Talk to Sales' enterprise overlay, content marketing (blog, regulatory updates), and events. The operating footprint is anchored in Bangalore (Kodihalli, HAL Old Airport Road) with a regulated presence in GIFT City, Gandhinagar; grievance redressal officers (Rohail Jagani as CRO, Akash Arun as CRAO) are appointed at the GIFT entity, which is positioning the company as a regulated payment service provider. No external funding, named customers, revenue, headcount, or leadership beyond grievance roles is disclosed in the available source material.

Name

Glomo India Llp

Legal name

Glomopay Software Private Limited

Website

https://glomopay.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

51–100 employees

Short description

Glomo is a 2024-incorporated Indian fintech that provides an API-first cross-border payment infrastructure spanning checkout, payouts, identity/KYC, treasury, and LRS-compliant outward remittance across 100+ countries and 60+ currencies for global businesses, financial institutions, and marketplaces.

Ownership category

akta.pro rank

Product category

Cross-Border Payment Infrastructure

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

SME & Business Cross-Border Payments (B2B) (FSAMAIAB)

akta.pro secondary industries

Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC), Cross-Border Payouts & Mass Disbursements (Pay-outs) (FSAMAIAJ), Cross-Border Collections & Local Receiving (Pay-ins) (FSAMAIAI)

Keywords

• Cross-border payments
• Payment infrastructure
• KYC compliance
• Multi-currency treasury
• API payment platform

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Payment Processing Fees: Transaction-based fees charged on payment processing across checkout, payouts, and cross-border transactions

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

Glomo provides an API-first cross-border payment infrastructure platform that enables businesses to accept payments, disburse funds, run KYC/KYB/AML checks, hold balances in multiple currencies, and execute LRS-compliant outward remittances. It serves Global Capability Centers, financial institutions, marketplaces, education providers, and other businesses needing compliant international money movement across 100+ countries.

Product overview

Glomo offers a unified financial platform for global payments consisting of seven integrated products: Checkout and Payment Links for payment acceptance; Subscriptions and Payouts for recurring and disbursement workflows; Identity for KYC/AML compliance verification; Treasury for multi-currency management across 60+ currencies; and Outward Remittance for LRS-compliant international transfers. The platform is built around a single API infrastructure enabling businesses to collect, disburse, and manage funds across 100+ countries with automated compliance built in.

Differentiator

Problem solved

Functional benefit

Products and services

• Checkout API-driven payment acceptance product that lets businesses collect cross-border payments from customers via Glomo's infrastructure. Designed for businesses operating across 100+ countries needing unified, compliant payment collection.
• Payment Links Shareable payment links that enable businesses to request and collect cross-border payments without building a full checkout integration. Targets merchants, freelancers, and platforms that need lightweight cross-border collection.
• Subscriptions Recurring billing and subscription management module for businesses that bill customers on a recurring basis across borders. Built for digital platforms and SaaS-style offerings needing multi-currency recurring revenue.
• Payouts Cross-border disbursement API that lets businesses send funds to payees across 100+ countries using local payment rails. Used by platforms and enterprises needing vendor, partner, or user payouts globally.
• Identity Identity verification module covering KYC, KYB, AML, and sanctions screening with sub-15-second verification turnaround. Built for businesses needing to verify individuals and entities before payments or onboarding.
• Treasury Multi-currency treasury product that lets businesses hold and manage balances in 60+ currencies through Glomo's platform. Designed for businesses with cross-border receivables, payables, and FX exposure.
• Outward Remittance LRS-compliant outward remittance engine that enables India-anchored businesses to remit funds abroad in line with RBI/FEMA requirements. Targets financial institutions and businesses making regulated cross-border payments from India.

Quantifiable outcome

• Go live in minutes, not months
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Razorpay: Razorpay is a leading Indian payments aggregator offering checkout, subscriptions, payouts, and increasingly cross-border products. Regional peer with comparable product suite serving Indian-based businesses expanding globally.

Direct peers

• Wise (TransferWise): Wise offers cross-border money movement, multi-currency accounts, and an API for businesses. Direct competitor on cross-border payouts, treasury and FX with a regulated payments stack analogous to Glomo's positioning.
• Rapyd: Rapyd operates a global fintech-as-a-service and cross-border payments API offering payouts, checkout, treasury, and compliance across 100+ countries. Direct comparable on platform breadth, API-first model, and target enterprise / marketplace / financial institution customers.
• Nium: Nium provides a cross-border payments-as-a-service API covering payouts, remittances, and issuing across 100+ countries. Closest API-first, compliance-embedded peer serving marketplaces and financial institutions.
• Payoneer: Payoneer enables cross-border B2B payments, marketplace payouts, and multi-currency accounts for SMBs and platforms. Direct overlap with Glomo's marketplace and global business segments.
• Airwallex: Airwallex provides cross-border payments, multi-currency treasury and global accounts for businesses via an API. Highly comparable on payouts, treasury (60+ currencies), and SMB/enterprise cross-border collections vs. Glomo's product set.

Emerging players

• Payoneer India / Skydo: Skydo and similar India-anchored cross-border B2B payout platforms target freelancers, SaaS, and agencies receiving international payments. Direct overlap with Glomo's LRS-compliant outward remittance product and global business segment.
• Cashfree Payments: Cashfree operates an Indian payments API with payouts, collections, and international payment products. Comparable on API-first architecture and similar India-anchored customer base, though earlier in cross-border depth.

Broad incumbents

• Stripe: Stripe's global payments platform covers checkout, subscriptions, payouts (Connect), and multi-currency treasury. Broader incumbent that overlaps Glomo across most product lines but serves a much wider merchant base.
• Adyen: Adyen provides unified global payments, processing, and treasury for large enterprises across many countries. Overlaps on multi-currency acceptance, payouts, and global reach but at a much larger enterprise scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/glomopay

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Glomo India Llp