Fino Paytech

Mumbai, India Founded: 2006 • Age: 20 yrs
Technology solutions for banking and financial sectors are provided.
Annual revenue $174.9M Latest available
Total funding $176.5M 9 rounds
Employees 19 Tracked headcount
Investors 23 Known backers
Products 4 Services tracked
Competitors 5 Brand Intelligence

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
  • Sectors
    Financial Services
  • Email
    Locked
  • 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
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $174.93 M (USD)
    42.52
    as on Mar 31, 2024
  • Net Profit
    $9.44 M (USD)
    252.09
    as on Mar 31, 2024
  • EBITDA
    $8.22 M (USD)
    353.11
    as on Mar 31, 2024
  • Total Equity Funding
    $176.53 M (USD)

    in 9 rounds

  • Latest Funding Round
    $11.1 M (USD), Series D

    Sep 27, 2021

  • Investors
    ICICI Lombard

    & 22 more

  • 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.

Product name locked
Category locked
Primary

Platform for enrolling customers in financial programs

Product name locked
Category locked
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Hardware for banking operations and transactions

Product name locked
Category locked
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Tools for managing daily banking activities

Product name locked
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Expert advice on financial technology implementation

People of Fino Paytech

Headcount 50-200
Employee Profiles 26
Employee Profiles
People
Tushar Chandorkar
Head Retail Assets
People
Himanshu K Mishra
Head Alliances, CMS & API Banking
People
Ashish Ahuja
Chief Operating Officer
People
Vishal Verma
Infrastructure Officer

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
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Investment in technology startups focusing on compute, AI, and related innovations.
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Diversified investment management is provided across multiple asset classes.
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Investor details for Fino Paytech

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Investments & Acquisitions by Fino Paytech

Investments
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Investment portfolio details for Fino Paytech

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Financial Statements - Fino Paytech

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Detailed financials for Fino Paytech

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Fino Paytech Comparisons

Fino Paytech Primary company
Description
Technology solutions for banking and financial sectors are p...
Location
Mumbai, India
Founded Year
2006
Annual Revenue
$174.93 M (USD)
Net Profit
$9.44 M (USD)
EBITDA
$8.22 M (USD)
Employees
19
As of 2025
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Peer comparison for Fino Paytech

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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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.

Company Name Domain Founded year HQ Location Description
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Digital credit platform providing financial solutions to underserved small- and micro- retailers
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Digital banking solutions are provided for business operations and finances.
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White-labeled digital payment platform with cardless ATM features is offered.
Locked Locked Locked
It creates innovative technologies of a payment platform for multiple solutions.
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Detailed competitors of Fino Paytech

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Latest news on Fino Paytech

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Complete news archive for Fino Paytech

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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 current CEO of Fino Paytech. 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.

As of Aug 06, 2025, the latest employee count at Fino Paytech is 19.

Annual revenue of Fino Paytech is $174.93M as on Mar 31, 2024.

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.

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