About Fino Paytech
Fino Paytech is a Financial Services company based in Mumbai (India) founded in 2006 by Rishi Gupta. Technology solutions for banking and financial sectors are provided. 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. Fino Paytech was last valued at $484.09 million in September 2021. Its chief executive, as recorded, is Rishi Gupta. Its Indian entity Fino Paytech Limited reported revenue of ₹1,864 Cr. Fino Paytech offers products and services including Customer Enrollment Solutions, Hardware Solutions, Operations Solutions, and Consultancy Services. Its focus areas include FinTech, Banking Tech, Banking Channels and Omnichannel. Its competitors include NeoGrowth, InstantPay and Boson Systems; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Mumbai, India
- Employees 19
- Founders Rishi Gupta
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website finopaytech.com
- Social LinkedIn X Facebook YouTube
- Legal Name Fino Paytech Limited
- Date of Incorporation 15 Jun, 2006
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹1,864 Cr
FY 2025 · +25% YoY
- Net Profit₹97.49 Cr
FY 2025 · 6% margin
- EBITDA₹293 Cr
FY 2025 · 18% margin
- Total Equity Funding$176.53M (USD)
in 9 rounds
- Latest Funding Round$11.1M (USD), Series D
Sep 2021
- InvestorsICICI Lombard
& 22 more
- Employee Count19
Associated legal entities of Fino Paytech
Fino Paytech operates through Fino Paytech 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 |
|---|---|---|---|---|---|---|---|
| Fino Paytech Limited CIN U72900MH2006PLC162656 | Active | 15 Jun 2006 | Navi Mumbai, Maharashtra | ₹1,864 Cr | 19 | 10 | View details |
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.
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
Apps and channels of Fino Paytech
its YouTube channel Fino Payments Bank has 89.9K subscribers and 30 videos.
Videos from Fino Paytech
The most watched videos on Fino Paytech's YouTube channel, Fino Payments Bank (89.9K subscribers). Click a video to play it here.
More on Fino Payments Bank.
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 $176.53M
- Total Rounds 9
- Last Round Series D — $11.1M
- First Round $3.23M
(Jul 2006)
- Investors Count 23
All 9 funding rounds of Fino Paytech 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 |
|---|---|---|---|---|---|
| Sep 2021 | $11.1M | Series D | $484.09M | Analah | |
| Jan 2017 | $57.87M | Series D | $164.74M | Bharat Petroleum | |
| Jul 2016 | $37.38M | Series D | – | Bharat Petroleum | – |
| Jan 2012 | Series D | – | IFC | ||
| Jul 2011 | $33.42M | Series D | $••••• | Blackstone | – |
| Dec 2009 | $15.11M | Series B | $••••• | – | |
| Jun 2007 | $18.42M | Series B | $••••• | IFC | |
| Mar 2007 | Series A | – | Legatum | – | |
| Jul 2006 | $3.23M | Seed | – | ICICI Bank, Intel Capital | – |
| Date | Valuation | Stage |
|---|---|---|
| Sep 2021 | $484.09M | •••••••• |
| Jan 2017 | $164.74M | •••••••• |
| Jul 2011 | $••••• | •••••••• |
| Dec 2009 | $••••• | •••••••• |
| Jun 2007 | $••••• | •••••••• |
Full valuation and stage history of Fino Paytech
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $484.09M (Sep 2021). 23 investors in total: 21 institutional and 2 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Diversified investment management is provided across multiple asset classes. | 1985 | blackstone.com | New York, United States | |
Private equity firm focused on multiple sectors | ||||
Investments are directed toward retail, real estate, and manufacturing sectors. | legatum.com | Dubai, United Arab Emirates | ||
Online platform for investments in stocks, equities, and real estate | analahcapital.com | Mumbai, India | ||
| bharatpetroleum.com | ||||
Commercial bank | 1994 | icicibank.com | Mumbai, India | |
Offers information and insights on unlisted shares and alternative investment assets. | 2016 | tradeunlisted.com | Mumbai, India | |
Investor details for Fino Paytech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fino Paytech Limited (Fino Paytech)
Fino Paytech Limited is the primary company behind Fino Paytech. The board of Fino Paytech Limited currently have 8 directors; the longest-serving is Prateek Roongta, appointed in 2022. 37 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prateek Roongta DIN 00622797 | Nominee Director | 28 Oct 2022 | 4 yrs | Fino Paytech Limited |
| Manoj Heda DIN 09368299 | Nominee Director | 22 Nov 2022 | 3 yrs 11 mo | Fino Paytech Limited |
| Apurva Pradeep Joshi DIN 06608172 | Director | 25 Nov 2022 | 3 yrs 11 mo | Fino Paytech Limited |
| Rajeev Deoras DIN 02879519 | Director | 25 Nov 2022 | 3 yrs 11 mo | Fino Paytech Limited |
| Amit Kumar Jain DIN 08353693 | Whole-time director | 25 Nov 2022 | 3 yrs 11 mo | Fino Paytech Limited |
| Suresh Balasubramanian DIN 07800731 | CFO | 27 Jan 2025 | 1 yr 9 mo | Fino Paytech Limited |
| Sivakumar Krishnamurthy DIN 06913284 | Director | 20 Nov 2025 | 11 mo | Fino Paytech Limited |
| Kamal Kant DIN 10742766 | Nominee Director | 14 Jul 2026 | 3 mo | Fino Paytech Limited |
People of Fino Paytech
26 people are tracked at Fino Paytech (14 in leadership, 12 in team); the tracked headcount is 19.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Tushar Chandorkar | Head Retail Assets | Leadership |
Himanshu K Mishra | Head Alliances, CMS & API Banking | Leadership |
Ashish Ahuja | Chief Operating Officer | Leadership |
Kaushik Iyer | Deputy Vice President-l&od | Leadership |
Vikas Deshmukh | Senior Vice President Of Technology | Leadership |
Bhoopnarayan Yadav | Vice President | Leadership |
Tejas Maniar | Chief Digital Officer (cdo) | Leadership |
Simanta Hazarika Mba | Head Centralised Operations | Leadership |
Vinod Kumar | Sr. EVP & Chief Information Officer | Leadership |
Rohit Sharrma- Pmp® | Head Of Product- Digital Transformation | Leadership |
Aniket Sapre | Head - Liabilities Products | Leadership |
Sachin Belose | Associate Vice President | Leadership |
Ramesh Sharma | Senior Vice President | Leadership |
Vishal Verma | Infrastructure Officer | Team |
Prashant Sundriyal | Manager | Team |
Sabaji Gawas | Senior Manager | Team |
Nilesh Pawar | Officer | Team |
Kushal Doshi | Principal Designer - Ux/ui | Team |
Suman Kumar | Product Manager | Team |
6 more people are available in the full profile.
Complete people profiles for Fino Paytech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Fino Paytech
Figures of Fino Paytech Limited, the primary company behind Fino Paytech, for FY 2025. Revenue was ₹1,864 Cr (+25% year on year). Net profit was ₹97.49 Cr (6% margin). EBITDA was ₹293 Cr (18% margin). Revenue has grown at a compounded annual rate of +21% over three years and +17% over five years.
- ₹1,864 CrRevenue · FY 2025 · +25% YoY
- ₹97.49 CrNet profit · 6% margin
- ₹293 CrEBITDA · 18% margin
- ₹128 CrPaid-up capital
- 19Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Fino Paytech Limited are on its company page.
Detailed financial statements for Fino Paytech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Fino Paytech
4 dated milestones of Fino Paytech across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Fino Paytech is founded.
- Funding First funding round of $3.2M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series D, of $11.1M.
Competitors of Fino Paytech
Fino Paytech has 3 listed competitors in our database, 3 of them funded. They include NeoGrowth, InstantPay and Boson Systems.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| neogrowth.in | 2011 | Mumbai, India | $147.31M | 737 | Digital credit platform providing financial solutions to underserved small- and micro- retailers | |
| instantpay.in | 2013 | Delhi, India | $4.99M | 146 | Digital banking solutions are provided for business operations and finances. | |
| bosonsystems.com | 2012 | Mumbai, India | $4.03M | 27 | White-labeled digital payment platform with cardless ATM features is offered. |
Detailed competitors of Fino Paytech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Fino Paytech
The website of Fino Paytech (finopaytech.com) receives about 6.4K visits a month.
- Monthly visits6.4K
▼ 39% vs previous month
Websites whose visitors overlap most with Fino Paytech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
ifmr.co.in | ifmr.co.in | 100% | – | ||
| ujjivan.com | 99% | 9.1K | #2,199,706 | View details | |
swisslife-select.at | swisslife-select.at | 58% | #2,963,304 | – | |
sharescart.com | sharescart.com | 57% | #270,665 | – | |
en.wikipedia.org | en.wikipedia.org | 41% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Fino Paytech
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Fino Paytech
Complete news archive for Fino Paytech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fino Paytech
Fino Paytech was founded in 2006.
Fino Paytech is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rishi Gupta is the CEO of Fino Paytech, as recorded in our data. They have also founded this 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 Seed of $3.23M, raised on Jul 2006.
Fino Paytech has 19 employees.
The primary company behind Fino Paytech, Fino Paytech Limited, reported revenue of ₹1,864 Cr for FY 2025, up 25% year on year.
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.
Fino Paytech's top competitors include NeoGrowth, InstantPay and Boson Systems.
Fino Paytech offers Customer Enrollment Solutions, Hardware Solutions, Operations Solutions, and Consultancy Services.
Fino Paytech has 23 investors. Key investors include ICICI Lombard, ICICI Bank, Life Insurance Corporation of India, Intel, and Union Bank of India.
The valuation of Fino Paytech is $484.09M as of Sep 2021.
Fino Paytech operates through Fino Paytech Limited.