Mypoolin is a mobile application for peer-to-peer and group payments. It provides you a one-stop solution for all your payment problem and enables you to plan and pay with friends in the smartest and fastest manner possible for all the purposes. Mypoolin is founded by Ankit Singh and Rohit Taneja in 2014 with the objective of collecting or settling money easily.
Ankit Singh the Co-founder of Mypoolin completed his graduation from Delhi College of Engineering in 2012 and went to FMS- University of Delhi for his MBA. After his studies, Ankit worked for Procter and Gamble as a Managment Intern. In 2013 Ankit co-founded Aprogift later changed to Mypoolin.
Rohit is the Co-founder of Mypoolin and currently working as a Director in the Company. He too completed his graduation from Delhi College of Engineering in 2012. He worked as Product Design Engineer in SONY for two years before co-founding Mypoolin.
How Mypoolin Works?
You can use Mypoolin app for both personal uses and for business use.
As a customer, you can send, receive and split payments (instantly from any bank to any bank) with your friends & colleagues on a daily basis for –
- movies & events
- food & drinks
- outing & travel
- Gifting & experiences and anything that you can think of.
As a business owner, you can start accepting digital payments as well as route them smartly over UPI and IMPS at the lowest cost in an automated manner.
- Accept payments using Bharat QR / SMS links over any payment mode
- Distribute money automatically and instantly to your vendors/ agents/employees
- Authenticate eKYC using Aadhaar verification for any of your service providers and much more!
Mypoolin has been seed funded by angel investors. As winners of the QPrize 2015, Mypoolin jointly received an additional funding of $250,000 from Qualcomm Ventures, the venture capital arm of the semiconductor maker Qualcomm and Accel Partners.
Mypoolin Business Model
Mypoolin earns its revenue from Commissions from merchant partners across categories in dining, gifting, events & travel and also with Payments MDR & setup fee from merchants using the payment solutions.
Awards and Recognition
The company has won many awards for its innovative product such as:
- QPrize 2015 from QUALCOMM
- 1776 Challenge Cup Winners 2015 from India
- ‘App of the Week’ by Digit Magazine