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Zebpay

Can ZebPay become the go-to multi-product crypto financial platform for retail and institutional users across India, Singapore, and Australia?

Founded2014
HQSingapore (Genie Technologies Pte Ltd) / Hyderabad, India (Awlencan Innovations India Limited) / Melbourne, Australia (Awlencan Innovations Australia Pty Ltd)
IndustryFintech / Crypto
The story

Founded in 2014 as one of India's earliest Bitcoin exchanges, ZebPay built a large retail customer base before being forced to suspend Indian operations in 2018 following an RBI banking ban on crypto. The company restructured internationally, establishing regulated entities in Singapore (MAS-licensed Digital Payment Token Service) and Australia (AUSTRAC-registered) and relaunched India operations after the Supreme Court overturned the RBI ban in 2020. Since relaunching, ZebPay has added crypto lending/earn products, a futures trading offering, OTC services, and crypto tax integrations — evolving from a simple spot exchange into a multi-product crypto financial platform across three jurisdictions.

Last 12 months
2026-05
2025-01
Product timeline
2014
ZebPay founded as one of India's first bitcoin exchanges.· pivot
2018
RBI banking circular forced ZebPay and other Indian crypto exchanges to suspend INR banking services; ZebPay briefly shut down India operations.· pivot
2019
ZebPay relaunched globally, incorporating entities in Singapore and Australia to continue operations.· pivot
2021
ZebPay launched a crypto-lending platform allowing users to earn passive returns on Bitcoin, Ethereum, Dai, and Tether.· lending
2024
ZebPay partnered with KoinX and ClearTax to offer integrated crypto tax reporting for Indian users.· pivot
Regulated entities
Digital Payment Token Service License
Singapore (MAS)
Genie Technologies Pte Ltd
AML/CTF Registration
Australia (AUSTRAC)
Awlencan Innovations Australia Pty Ltd
Crypto Exchange / VDA SP Registration
India
Awlencan Innovations India Limited
The stack
Lending
Crypto Lending (earn up to 3% on BTC, 7% on ETH/Dai, 12% on Tether)ZebPay Earn (passive returns up to 8.5%)
Crypto
BitGo
Accounting gap: minor