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Mintoak logo — Enabling SME monetization to empower the merchant ecosystem...

Mintoak

Enabling SME monetization to empower the merchant ecosystem globally. #MintingTheFuture

Founded 2017 India Mumbai, India 153 employees Series A Total: $2.11B Finance, Financial Services +3

General Information

Company Name Mintoak
Founded Year 2017
Location India Mumbai, India +2
Employees 153
Industries Finance, Financial Services, Fintech +2
Funding Stage Series A
Social

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About Mintoak

Mintoak is an Embedded Fintech company that's making waves in merchant payments and financial services. The company's slogan, "Embedded fintech revolutionising merchant digital payments globally. #MintingTheFuture," captures its ambitious vision. Founded in 2017 and headquartered in India, Mintoak focuses on enhancing the relationship between banks and SME merchants by transforming their mobile devices into comprehensive payment platforms.

Mintoak offers a versatile solution enabling payments through various forms such as Cards, QR, UPI, and SMS link-based payments. This model is currently deployed among over 500,000 merchants in India and the Middle-East, improving activation rates and increasing total payment throughput.

In its recent Series A funding round on 21 February 2023, the company secured INR1.65B from notable investors like British International Investment, HDFC Bank, Pravega Ventures, PayPal Ventures, and White Whale Ventures, underscoring its potential to revolutionize digital payments.

Taxonomy: Merchant Payments, Digital Payments, Banking, SMEs, Mobile Payments, Payment Integration, QR Payments, UPI Payments, SMS Payments, Commerce Enablement, Merchant Engagement, Financial Access, Consolidated Payments

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor Investor
•••• •••• 		21 Feb 2023
Corporate Round •••••• 1
Investor
13 Dec 2022
Seed Round •••••• 1
Investor
05 May 2020

Mintoak Alternatives & Competitors

Mintoak vs
Merchant Advisory Group
Merchant Advisory Group United States

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Mintoak vs
Merchant Industry LLC
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FAQ About Mintoak

Enabling SME monetization to empower the merchant ecosystem globally. #MintingTheFuture
Mintoak was founded in 2017.
Mintoak is headquartered in Mumbai, India.
Mintoak operates in the following industries: Finance, Financial Services, Fintech, SaaS, Banking.
Mintoak has approximately 153 employees.
Mintoak has completed 3 funding rounds, raising a total of $2.11B. The latest funding stage is Series A.
Top alternatives and competitors to Mintoak include Merchant Advisory Group, Goswiff is now Payswiff, Merchant Industry LLC, Clearly Payments, Poccupine. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Mintoak and Merchant Advisory Group are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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