shurjoPay

How We Developed A $1.5M/Month Online Payment Gateaway

May 10th, 2021

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Fida haq

Founder, shurjoPay

$2M

revenue/mo

Founders

150

Employees

shurjoPay

shurjopay.com.bd

from Dhaka, Bangladesh

started August 2010

$2,000,000

revenue/mo

Founders

150

Employees

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Zero to One: Notes on Startups, or How to Build the Future Peter Thiel

Want more updates on shurjoPay? Check out these stories:

1. We Achieved $2M/Month In Revenue And Doubled Our Team [150 Employees] (2022) ➜

Hello! Who are you and what business did you start?

Hi! This is Fida Haq and I am the MD and CEO of shurjoPay since its inception in 2010.

shurjoPay, the Online Payment Gateway owned and operated by shurjoMukhi Limited, is one of a few Payment Systems Operators (PSO) licensed by Bangladesh Bank since January 2016 and it’s used by hundreds of e-merchants and educational institutions.

Under my leadership, shurjoPay has been instrumental in establishing the e-Commerce ecosystem in Bangladesh and has built itself as the flagship service of shurjoMukhi Limited. The vast majority of MSMEs in Bangladesh didn't have access to receiving payments from their customers via cards, mobile wallets, or any other online payment instrument. Our technology has provided a definitive solution to that problem.

During Q1 of 2021, shurjoPay is averaging a transactional volume of USD 1.5M per month with the total number of merchants exceeding 600. We believe shurjoPay's impact in bringing about a change in the country’s online payment collection system has been transformational.

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