Archive · 18 Dec 2025
MAKSPay Advances Financial Inclusion via Fintech
MAKSPay is a fintech company that helps people and small businesses get loans more easily.
It uses technology to make borrowing and repaying money simpler and faster.
The company works with banks and other lenders to provide digital tools that help them serve more customers, especially those who have been left out of the banking system.
MAKSPay was started in 2020 by Shiva Prasad in Hyderabad, India.
It has grown with the help of a special program called the Kotak BizLabs Accelerator Programme, which gave the team advice on how to grow their business.
MAKSPay's goal is to make financial services available to everyone, so more people can participate in India's digital economy.
MAKSPay is a fintech company founded in 2020 by Shiva Prasad in Hyderabad, India.
The company focuses on providing digital lending solutions to bridge the gap between banks and borrowers.
MAKSPay's platform serves both B2B and B2C segments, offering tools to enhance operational efficiency for financial institutions.
The company participated in the Kotak BizLabs Accelerator Programme, which helped it scale sustainably and fine-tune its business model.
MAKSPay aims to drive inclusive growth by empowering institutions and individuals through technology.
- Who
- MAKSPay Fintech Solutions Private Limited, founded by Shiva Prasad
- What
- A fintech company focused on financial inclusion through digital lending solutions
- When
- Founded in 2020, participated in the Kotak BizLabs Accelerator Programme
- Where
- Based in Hyderabad, India
- Why
- To bridge the gap between banks and borrowers, ensuring seamless and inclusive access to financial products
- Company Name
- MAKSPay Fintech Solutions Private Limited
- Founder
- Shiva Prasad
- Year Founded
- 2020
- Location
- Hyderabad, India
- Focus Areas
- Credit access, digital lending, financial inclusion
- Key Partners
- Banks, NBFCs, lending institutions
- Accelerator Program
- Kotak BizLabs Accelerator Programme