Fingpay, operated by Tapits Technologies, offers payment solutions to merchants and customers through UPI, Aadhaar Pay, PoS devices and Bharat QR, alongside account statement services and digital verifications in last-mile areas. Founded in 2016 and headquartered in Mumbai, the company says it has on-boarded 10 crore people and processed 200 million transactions worth over Rs 10,000 crore last year. Fingpay has raised $3.5 million in a Series A from IvyCap Ventures and will use the capital to develop new products and services as it aims to become a digital bank. In 2018 the company raised $130,000 in seed funding from ICICI Bank, which now holds nearly 10% of the company. Fingpay positions itself on digital and financial inclusion, focusing on simple, secure banking and financial products for the last mile.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2020