About Fino Paytech
Fino Paytech is a company based in Mumbai (India) founded in 2006 by Rishi Gupta.. Fino Paytech has raised $176.53 million across 9 funding rounds from investors including ICICI Lombard, ICICI Bank and Life Insurance Corporation of India. The company has 19 employees as of August 06, 2025. Fino Paytech offers products and services including Customer Enrollment Solutions, Hardware Solutions, Operations Solutions, and Consultancy Services. Fino Paytech operates in a competitive market with competitors including NeoGrowth, InstantPay, Boson Systems and SmartearnPe, among others.
- Headquarter Mumbai, India
- Employees 19 as on 06 Aug, 2025
- Founders Rishi Gupta
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Fino Paytech Limited
- Date of Incorporation 15 Jun, 2006
- Jurisdiction Navi Mumbai, Maharashtra, India
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Annual Revenue
$174.93 M (USD)42.52as on Mar 31, 2024
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Net Profit
$9.44 M (USD)252.09as on Mar 31, 2024
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EBITDA
$8.22 M (USD)353.11as on Mar 31, 2024
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Total Equity Funding
$176.53 M (USD)
in 9 rounds
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Latest Funding Round
$11.1 M (USD), Series D
Sep 27, 2021
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Investors
ICICI Lombard
& 22 more
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Employee Count
19
as on Aug 06, 2025
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Products & Services of Fino Paytech
Fino Paytech offers a comprehensive portfolio of products and services, including Customer Enrollment Solutions, Hardware Solutions, Operations Solutions, and Consultancy Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for enrolling customers in financial programs
Hardware for banking operations and transactions
Tools for managing daily banking activities
Expert advice on financial technology implementation
Unlock access to complete
Funding Insights of Fino Paytech
Fino Paytech has successfully raised a total of $176.53M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $11.1 million completed in September 2021. 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 Total Funding
- Total Rounds 9
- Last Round Series D — $11.1M
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First Round
First Round
(01 Jul 2006)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Series D - Fino Paytech | Valuation | Analah | |
| Jan, 2017 | Amount | Series D - Fino Paytech | Valuation | Bharat Petroleum | |
| Jul, 2016 | Amount | Series D - Fino Paytech | Valuation | Bharat Petroleum |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Fino Paytech
Fino Paytech has secured backing from 23 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include ICICI Lombard, ICICI Bank and Life Insurance Corporation of India. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Diversified investment management is provided across multiple asset classes.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Fino Paytech
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Fino Paytech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Fino Paytech Comparisons
Competitors of Fino Paytech
Fino Paytech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NeoGrowth, InstantPay, Boson Systems and SmartearnPe, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital credit platform providing financial solutions to underserved small- and micro- retailers
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| domain | founded_year | HQ Location |
Digital banking solutions are provided for business operations and finances.
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| domain | founded_year | HQ Location |
White-labeled digital payment platform with cardless ATM features is offered.
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| domain | founded_year | HQ Location |
It creates innovative technologies of a payment platform for multiple solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Fino Paytech
Frequently Asked Questions about Fino Paytech
When was Fino Paytech founded?
Fino Paytech was founded in 2006.
Where is Fino Paytech located?
Fino Paytech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Fino Paytech?
Rishi Gupta is the current CEO of Fino Paytech. They have also founded this company.
Is Fino Paytech a funded company?
Fino Paytech is a funded company, having raised a total of $176.53M across 9 funding rounds to date. The company's 1st funding round was a Series D of $37.38M, raised on Jul 01, 2006.
How many employees does Fino Paytech have?
As of Aug 06, 2025, the latest employee count at Fino Paytech is 19.
What is the annual revenue of Fino Paytech?
Annual revenue of Fino Paytech is $174.93M as on Mar 31, 2024.
What does Fino Paytech do?
Fino Paytech was established in 2006 in Mumbai, India, as a provider of technology solutions and services targeted at the banking and financial sectors. Customer sourcing and servicing are facilitated through alternative banking channels. Business correspondence services are extended to various banks and institutions. Microfinance loans are offered via a joint liability group model to support financial inclusion efforts.
Who are the top competitors of Fino Paytech?
Fino Paytech's top competitors include NeoGrowth, InstantPay and Boson Systems.
What products or services does Fino Paytech offer?
Fino Paytech offers Customer Enrollment Solutions, Hardware Solutions, Operations Solutions, and Consultancy Services.
Who are Fino Paytech's investors?
Fino Paytech has 23 investors. Key investors include ICICI Lombard, ICICI Bank, Life Insurance Corporation of India, Intel, and Union Bank of India.
What is Fino Paytech's valuation?
The valuation of Fino Paytech is $484.09M as of Sep 2021.
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