Airtel Payments Bank Revenue and Competitors

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Total Funding

Industry

Estimated Revenue & Valuation

  • Airtel Payments Bank's estimated annual revenue is currently $15M per year.(i)
  • Airtel Payments Bank's estimated revenue per employee is $3,385

Employee Data

  • Airtel Payments Bank has 4431 Employees.(i)
  • Airtel Payments Bank grew their employee count by 6% last year.

Airtel Payments Bank's People

NameTitleEmail/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$524.9M57687%N/AN/A
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What Is Airtel Payments Bank?

As India's first Payments Bank, we aim to give every Indian access to an equal, effective, and trustworthy banking experience. Airtel Payments Bank is a differentiated bank that provides essential financial services to its customers. In order to cater to the needs of the underserved and unbanked population in the country, our products are built as a solution to the problems posed by traditional banking – from long queues to endless documentation to inconvenient travelling. We aim to make banking simpler, more convenient, and more intuitive. With Airtel Payments Bank, you can: • Open a Savings Bank account at any of our 5 lac+ banking points • Get free personal accident insurance cover of Rs 1 Lac • Earn 2.5% rate of interest • Get an online debit card • Deposit & Withdraw cash at any Banking Point in your vicinity • Buy third party insurance products • Transfer money to any bank account in India through IMPS or UPI • Recharge prepaid mobiles/DTH & pay utility bills (electricity, water, gas, etc.) • Book bus & train tickets We also aim to make payments cashless and seamless, and that's precisely what you can do with Airtel Money, the digital wallet of Airtel Payments Bank. You can make online/offline digital payments, recharge your phone, pay utility bills, and much more with Airtel Money. The wallet provides you with an option to make simple, secure and quick payments through your phone. With Airtel Money Wallet, you can make digital payments at thousands of online & offline merchants through: • QR Code Scanning • Payment to a phone number • BHIM UPI • Merchant Initiated Payment We aim to provide a seamless banking experience to every Indian, including business owners (corporate, startups, SMEs). Our range of business solutions includes Salary Management Solution & Cash Management Solution.

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Total Funding

4431

Number of Employees

$15M

Revenue (est)

6%

Employee Growth %

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Valuation

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Accelerator

Airtel Payments Bank News

2022-04-20 - Struggling With Various Apps To Manage Money? Ease Your Life; Use Just One App! | Mint

Airtel Payments Bank is the app that can help manage all! Read Full Story. Listen to this article...

2022-03-30 - Airtel Payments Bank Allows Users to Invest in Gold from Their Homes

Bharti Airtel's subsidiary Airtel Payments Bank, offers a gold investment service for its users across India. The company calls it DigiGold,...

2022-03-22 - Icici Lombard Partners With Airtel Payments Bank For Smartphone Insurance | Mint

Airtel Payments Bank customers can now buy smartphone insurance from ICICI Lombard General Insurance Company on the Airtel Thanks app.

2021-11-23 - Bharti Airtel : Airtel announces revised mobile tariffs

New Delhi, November 22, 2021: Bharti Airtel ("Airtel") has always maintained that the mobile Average Revenue Per User (ARPU) needs to be at Rs 200 and ultimately at Rs 300, so as to provide a reasonable return on capital that allows for a financially healthy business model. We also believe that ...

2021-11-23 - Bharti Airtel : Nxtra by Airtel launches new 38 MW Hyperscale Data Center in Chennai

Nxtra by Airtel's third large data center in Chennai further consolidates its leadership in India - footprint now at 11 large and 120 edge data centers The new data center is fully integrated with Airtel's global submarine cable network to offer end-to-end solution to customers Chennai/Delhi, ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$531.7M54261%N/A
#2
$1014.8M55769%N/A
#3
$1262.9M62215%N/A
#4
N/A628611%N/A