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About Paramotor

About Paramotor

A Mumbai-based fintech company focused on consumer spending, digital gifting, rewards & loyalty, and technical development services — SpendPro for prepaid cards, RewardOn for rewards and loyalty, yayyy.shop for digital gifting, and DevStack for custom fintech solutions. Together, these products help consumers and businesses manage, reward, gift.

1.5M+ users
Served in India
234 gift cards*
Across leading national and international brands, *As at 30 th June 2026
8 PPI partners
Across our prepaid ecosystem
4 core offerings
SpendPro · Yayyy · RewardOn · DevStack
About us

Paramotor Digital Technology Limited

We are a fintech company offering SpendPro, our consumer spend management platform, to users of our prepaid cards across Visa, Mastercard and RuPay.

We also offer our own yayyy Reward Points Card that can be used to redeem Gift Cards on yayyy.shop, our digital gifting marketplace.

Our RewardOn platform is a comprehensive, end-to-end digital rewards and incentives platform that enables corporate customers to design, manage, distribute, and redeem reward points digitally through a configurable rules engine integrated with a customized Gift Card catalogue.

Built on the technology infrastructure that powers our other platforms, DevStack enables clients to leverage market-tested, production-ready components, reducing the time and effort required for ground-up development and lowering implementation risk.

Our products

Introducing Paramotor’s very own

SpendPro

Simple, intelligent spend management that helps small businesses track, control, and optimize everyday expenses.

yayyy.shop

A digital gifting marketplace that brings together brands, small businesses, and consumers in moments that matter.

RewardOn

Flexible rewards and loyalty programs that help small businesses engage customers and individuals enjoy meaningful benefits.

DevStack

A development suite that enables partners and startups to build customized consumer and small-business fintech solutions on our infrastructure.

Leadership Profiles

Brief Profiles of Our Directors

Meet the board members guiding Paramotor's governance, strategic direction, and long-term growth across banking, payments, technology, and operations.

Sonia Pankaj Asher
Executive Chairperson and Whole-time Director
Rahul Anand
Managing Director
Kunal Sharma
Non-Executive Director
Prasanna Babanrao Lohar
Independent Director
Suman Naresh Sabnani
Independent Director
Meeta Sanjay Mukherjee
Independent Director