About FingPay
FingPay is a Financial Services company based in Indore (India) founded in 2016 by Anuraag Agrawal and Pratyush Halen. Banking and financial services for last-mile transactions are provided. FingPay has raised $3.72 million across 2 funding rounds from investors including ICICI Bank and IvyCap Ventures. The company has 41 employees. FingPay was last valued at $14.09 million in March 2020. Its chief executive, as recorded, is Pratyush Halen. Its Indian entity Tapits Technologies Private Limited reported revenue of ₹148 Cr. FingPay offers products and services including Super APP, AEPS, Micro ATM, and Digital EMI Collection. Its focus areas include FinTech, Payments, Business Payments and Agent Based Payments. Its competitors include Dvara KGFS, Kaleidofin and Spice Money; 3 of its 3 listed competitors have raised funding.
Company details
FingPay was established in 2016 in Indore, India, within the fintech sector. Enterprise solutions for cashless operations and paperless processes are delivered to support merchants in offering assisted financial services. These encompass AEPS, micro ATM functionality, mini statements, and corporate cash deposits. Additional provisions include digital EMI collection, cash management tools, and user onboarding processes, focusing on operational efficiency in financial transactions.
- Headquarters Indore, India
- Employees 41
- Founders Anuraag Agrawal, Pratyush Halen
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website fingpay.co.in
- Social LinkedIn X Facebook
- Legal Name Tapits Technologies Private Limited
- Date of Incorporation 27 Apr, 2016
- Jurisdiction Indore, Madhya Pradesh, India
- Annual Revenue₹148 Cr
FY 2025 · +9% YoY
- Net Profit₹11.88 Cr
FY 2025 · 8% margin
- EBITDA₹16.23 Cr
FY 2025 · 11% margin
- Total Equity Funding$3.72M (USD)
in 2 rounds
- Latest Funding Round$3.56M (USD), Series A
Mar 2020
- InvestorsICICI Bank
& 1 more
- Employee Count41
Associated legal entities of FingPay
FingPay operates through Tapits Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tapits Technologies Private Limited CIN U72900MP2016PTC040639 | Active | 27 Apr 2016 | Indore, Madhya Pradesh | ₹148 Cr | 41 | 4 | View details |
Products & Services of FingPay
FingPay offers a comprehensive portfolio of products and services, including Super APP, AEPS, Micro ATM, and Digital EMI Collection.
App for money transfers, bill payments, and financial services
Aadhaar-based system for secure banking transactions
Device for assisted financial services and withdrawals
Solution for collecting EMI payments digitally
Funding Insights of FingPay
FingPay has successfully raised a total of $3.72M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.56 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.72M
- Total Rounds 2
- Last Round Series A — $3.56M
- First Round $154,199
(Feb 2018)
- Investors Count 2
All 2 funding rounds of FingPay with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2020 | $3.56M | Series A | $14.09M | IvyCap Ventures Advisors | – |
| Feb 2018 | $154,199 | Seed | $1.56M | ICICI Bank | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2020 | $14.09M | •••••••• |
| Feb 2018 | $1.56M | •••••••• |
Last known valuation $14.09M (Mar 2020). 2 investors in total: 2 institutional.
Investors in FingPay
FingPay has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include ICICI Bank and IvyCap Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in startups from leading Indian institutions across various sectors. | 2011 | ivycapventures.com | Mumbai, India | |
Commercial bank | 1994 | icicibank.com | Mumbai, India |
Investor details for FingPay
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Tapits Technologies Private Limited (FingPay)
Tapits Technologies Private Limited is the primary company behind FingPay. The board of Tapits Technologies Private Limited currently have 4 directors; the longest-serving is Pratyush Halen, appointed in 2016. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pratyush Halen DIN 07443333 | Whole-time director | 27 Apr 2016 | 10 yrs 6 mo | Tapits Technologies Private Limited |
| Anuraag Agrawal DIN 03116501 | Whole-time director | 21 Mar 2017 | 9 yrs 7 mo | Tapits Technologies Private Limited |
| Rahul Vasant Joshi DIN 07768107 | Director | 21 Mar 2017 | 9 yrs 7 mo | Tapits Technologies Private Limited |
| Vikram Gupta DIN 03358337 | Nominee Director | 31 Mar 2020 | 6 yrs 7 mo | Tapits Technologies Private Limited |
People of FingPay
5 people are tracked at FingPay (2 in leadership, 3 in team); the tracked headcount is 41.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & CEO | Leadership | |
Abhishek Sharma | Corporate Manager | Team |
Rudraksh Sharma | Project And Operations Manager | Team |
Bharath Varma | Software Engineer | Team |
Complete people profiles for FingPay
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of FingPay
Figures of Tapits Technologies Private Limited, the primary company behind FingPay, for FY 2025. Revenue was ₹148 Cr (+9% year on year). Net profit was ₹11.88 Cr (8% margin). EBITDA was ₹16.23 Cr (11% margin). Revenue has grown at a compounded annual rate of +6% over three years and +38% over five years.
- ₹148 CrRevenue · FY 2025 · +9% YoY
- ₹11.88 CrNet profit · 8% margin
- ₹16.23 CrEBITDA · 11% margin
- ₹1.5 LakhPaid-up capital
- 41Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +38%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tapits Technologies Private Limited are on its company page.
Detailed financial statements for FingPay
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of FingPay
4 dated milestones of FingPay across 4 years, from founding to its latest funding, stage changes and deals.
- Founded FingPay is founded.
- Funding First funding round of $154K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $3.6M.
Competitors of FingPay
FingPay has 3 listed competitors in our database, 3 of them funded. They include Dvara KGFS, Kaleidofin and Spice Money.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| dvarakgfs.com | 2008 | Chennai, India | $43.71M | 4,134 | Loans for consumers and SMEs are provided alongside financial services. | |
| kaleidofin.com | 2017 | Chennai, India | $47.39M | 141 | Provider of financial technology solutions for inclusive lending | |
| spicemoney.com | 2000 | Noida, India | $15.42M | 1,164 | Digital payment and banking service provider in rural areas |
Detailed competitors of FingPay
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Verified entity values are shown only after access is granted.
Web traffic of FingPay
The website of FingPay (fingpay.co.in) receives about 2K visits a month.
- Monthly visits2K
▲ 38.4% vs previous month
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Related news about Fingpay
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Frequently Asked Questions about FingPay
FingPay was founded in 2016 and raised its 1st funding round 2 years after it was founded.
FingPay is headquartered in Indore, India. It is registered at Indore, Madhya Pradesh, India.
Pratyush Halen is the CEO of FingPay, as recorded in our data. They have also founded this company.
FingPay is a funded company, having raised a total of $3.72M across 2 funding rounds to date. The company's 1st funding round was a Seed of $154.2K, raised on Feb 2018.
FingPay has 41 employees.
The primary company behind FingPay, Tapits Technologies Private Limited, reported revenue of ₹148 Cr for FY 2025, up 9% year on year.
FingPay was established in 2016 in Indore, India, within the fintech sector. Enterprise solutions for cashless operations and paperless processes are delivered to support merchants in offering assisted financial services. These encompass AEPS, micro ATM functionality, mini statements, and corporate cash deposits. Additional provisions include digital EMI collection, cash management tools, and user onboarding processes, focusing on operational efficiency in financial transactions.
FingPay's top competitors include Spice Money, Kaleidofin and Dvara KGFS.
FingPay offers Super APP, AEPS, Micro ATM, and Digital EMI Collection.
FingPay has 2 investors. Key investors include ICICI Bank, and IvyCap Ventures.
The valuation of FingPay is $14.09M as of Mar 2020.
FingPay operates through Tapits Technologies Private Limited.