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Pelocal competitors & alternatives
The 12 closest competitors and alternatives to Pelocal among fintech companies — ranked by similarity to what Pelocal actually does, not by market-cap band.
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About Pelocal
Pelocal Fintech Private Limited is an official Meta Business Solution Provider headquartered in Chennai, Tamil Nadu, India. The company provides digital and conversational payment solutions, including WhatsApp, RCS, Voice AI, and WhatsApp Calling services for utility boards, banks, and insurers.
Pelocal at a glance
Pelocal is a fintech company headquartered in India. It has raised at least $7M across the 2 funding rounds on record. Its most recent funding round, Series A, raised $5M in September 2025. Xcout tracks 5 named people at Pelocal, including Padmaja Shukla (Co-founder & CTO).
Pelocal leadership
- Padmaja ShuklaCo-founder & CTO
- Sameer BawejaCo-founder & CDO
- Vikas GargCo-founder
- Vivekanand TripathiCo-founder
- Rahul KumarVice President, Sales & Marketing
Pelocal funding rounds
At least $7M raised across the 2 rounds on record. Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| Series A | $5M | 4 named | |
| — | $2M | 1 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Top 12 Pelocal competitors
Ranked by semantic similarity — how close each company is to Pelocal by what it does, using Xcout's live company graph. Click any company for its full profile, or its competitor set.
Similar fintech company
Bulkpe is a fintech startup headquartered in Chennai, Tamil Nadu, with a team of 11-50 employees. The company builds cutting-edge financial technology products, including custom user access management and business payment controls.
Similar fintech company
SLPE Infotech is a fintech company that provides digital payment solutions, utility bill payment services, and white-label platforms for businesses and retailers in India.
Similar fintech company
PayGlocal is an RBI-authorised payment infrastructure company providing cross-border payment solutions for Indian businesses.
Similar fintech company
PhonePe is a digital payments and financial services platform that enables consumers to conduct UPI transactions, pay bills, make investments, purchase insurance, and access loans. Additionally, the company provides merchants with offline POS devices, payment gateways, and aggregation services to accept digital payments.
Similar fintech company
ChatCash is an IT services and consulting company founded in 2023 that provides an AI operating system for African merchants. Headquartered in Kigali, Rwanda, ChatCash APOMA automates sales, payments, and logistics across WhatsApp, Instagram, and USSD.
Similar fintech company
Headquartered in Noida, India, Paytm Payments Services Limited is a company that offers digital payments solutions and financial tools for businesses.
Fintech & Payment Processing
Pelecard is an Israeli financial technology company providing credit card clearing, payment gateway solutions, point-of-sale terminals, and financial reconciliation services for businesses.
Similar fintech company
Pesapal is a payment gateway headquartered in Nairobi, Kenya, that simplifies access to financial services. It empowers businesses to grow through innovative financial technology, providing a simple, safe, and secure way for individuals and businesses to make and accept payments, particularly in Kenya.
Similar fintech company
Pay1 is a fintech platform that provides digital banking, payment, and utility services to local retailers and shopkeepers in India.
Similar fintech company
Mylapay is a software development and financial technology company headquartered in Chennai, Tamil Nadu, India. With a team of over 100 employees, it specializes in secure card tokenization, encryption, and payment processing solutions such as TokenX.
Similar fintech company
Zaggle Prepaid Ocean Services Limited, founded in 2011 and headquartered in Mumbai, India, develops cutting-edge financial products and solutions aimed at automating and optimizing business expense management for corporations, small and medium-sized enterprises, and emerging startups. The company offers a range of distinct platforms: Propel functions as a corporate software-as-a-service (SaaS) platform, facilitating the administration of channel rewards, incentives, and employee recognition initiatives. Save provides a comprehensive SaaS platform and mobile application for business spend management, enabling digital employee reimbursements and maximizing tax benefits. Its Customer Engagement Management System (CEMS) assists merchants in enhancing customer interactions and loyalty through features like gift card distribution and reward programs. The Zaggle Payroll Card serves as a prepaid payroll solution, allowing companies to compensate contractors, consultants, seasonal and temporary staff, and unbanked workers as an alternative to traditional bank transfers or cash. Zoyer is an integrated, data-driven SaaS platform designed for business spend management, incorporating automated financial functionalities directly into core invoice-to-pay processes.
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