Thu Jan 02 18:57:11 UTC 2025: ## Hyderabad Fintech Firm Payinstacard to Expand Significantly

**HYDERABAD, January 3, 2025** – Fintech company Payinstacard announced plans to significantly expand its Hyderabad operations, increasing its headcount from 25 to 100 employees by the end of the next financial year. The company, which recently opened a new office in Hyderabad, attributed its growth to a customer-centric approach and low convenience fees, attracting over 100,000 users across various sectors including utilities, rent, and education.

Co-founder and COO Sri Nagesh Kotipalli emphasized the company’s commitment to recruiting skilled talent from Tier II and III cities, fostering an inclusive work environment. The new office will accommodate the expanding team, which has already grown from 10 to 25 members since its inception. The inauguration was conducted by Pachipala Doraswamy, India partner at Brandix India Apparel City and chairman and investor at Payinstacard.

Founder and CEO SaiKrishna expressed confidence in the company’s innovative approach and its potential for continued growth and operational scaling. The expansion underscores Payinstacard’s success in the rapidly growing Indian fintech market.

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