Paymatrix | Pixr8 News

Property Rental management platform Paymatrix, which streamlines rent and deposit payments and collections by facilitating credit raised seed funding from IIITH. This Hyderabad-based end-to-end digital rent management platform becomes the first startup to be selected and supported by IIITH Seed Fund. Paymatrix enables tenant profiling, rental documentation, rent payment management and risk mitigation for thousands of tenants, landlords and property managers across India. The startup, established in November 2016 has since grown its customer presence into 14+ cities in India and has 4000+ registered tenants and landlords on its platform with more than Rs. 12 crores of rent processed till date. The startups value proposition starts with profiling the right tenant for a landlord u...

Axis Bank has selected three fintech startups from its 'Thought Factory' accelerator programme, to incorporate solutions in operational efficiency, lending and tax planning which it will commercially deploy at its business units, it announced at an event in Bengaluru on Friday. The bank will collabborate with Pally, FintechLabs and Gieom out of the six startups, namely S2Pay, Pally, Perpule, FintechLabs, Paymatrix and Gieom, that ran in its first startup programme. "We identified three proofs of concept of solutions that will help improve our processes and offer new products to our customers," said Rajiv Anand, executive director at Axis Bank. "While the startups are free to partner with others, the solutions developed with Axis Bank will be exclusive." Palli is an AI stack-based for...

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IIIT Hyderabad Seed Fund Invests in Rental Management Platform Paymatrix

Axis Bank To Use Tech Solutions Of Three Startups From Its Accelerator