Mintoak offers a white-label payments and engagement operating system that enables banks to convert payment transactions into customer engagement and recurring revenue opportunities. The company partners with more than 50 banks across over 20 countries, including HDFC Bank, Axis Bank, SBI Payments, Emirates Islamic, and Absa Bank. Following its acquisition of ICC Loyalty, the combined platform serves over 5 million merchants and 11 million customers and processes more than $93 billion in annual payment volume. The integration aims to combine payments, merchant engagement, loyalty programs, and customer engagement into a single suite, expanding Mintoak’s product portfolio and international reach. Mintoak is backed by PayPal Ventures, and the company expects the combined business to generate over $30 million in annual revenue while maintaining an EBITDA margin above 30%.

Total raised

$46M

Funding rounds

5

Latest round

Debt Financing

Latest activity

Aug 2026