About MoneyTap
MoneyTap is a Financial Services company based in Bengaluru (India) founded in 2015 by Ruchir Lahoty, Anuj Kacker, Bala Parthasarathy, and Kunal Varma. An app-based personal credit line is provided for consumers. MoneyTap has raised $93.32 million across 5 funding rounds from investors including Money Forward, Vivriti Capital and Saison Card. The company has 162 employees. MoneyTap was last valued at $128.84 million in January 2020. Its chief executive, as recorded, is Bala Parthasarathy. Its website moneytap.com draws about 108 thousand monthly visits. Its Indian entity Mwyn Tech Private Limited reported revenue of ₹117 Cr. MoneyTap offers products and services including Freo Credit, UPI Services, Insurance Products, and Digital Gold. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its competitors include vCard, GalaxyCard and INDIE by IndusInd Bank.
Company details
Developer of an app-based personal credit line for consumers. It offers a credit card with the approved credit line that can be used for multiple purposes including wedding loans, education loans, used car loans, debt consolidation loans, medical loans, and more. Users must add the required personal information along with the KYC process. Once verified and approved, the funds are transferred to the registered bank account. The application is available on the Android and iOS platforms.
- Headquarters Bengaluru, India
- Employees 162
- Founders Ruchir Lahoty, Anuj Kacker, Bala Parthasarathy, Kunal Varma
- Stage Minicorn
- SectorsFinancial Services
- Website category Finance · Banking Credit and Lending
- Email••••••••
- Phone•••• ••••
- Website moneytap.com
- Social LinkedIn X Facebook Instagram
- Legal Name Mwyn Tech Private Limited
- Date of Incorporation 20 Oct, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹117 Cr
FY 2025 · +5% YoY
- Net Loss-₹8.79 Cr
FY 2025 · -8% margin
- EBITDA-₹6.85 Cr
FY 2025 · -6% margin
- Total Equity Funding$93.32M (USD)
in 5 rounds
- InvestorsMoney Forward
& 15 more
- Employee Count162
Associated legal entities of MoneyTap
MoneyTap operates through Mwyn Tech 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 |
|---|---|---|---|---|---|---|---|
| Mwyn Tech Private Limited CIN U72200KA2015PTC083534 | Active | 20 Oct 2015 | Bangalore, Karnataka | ₹117 Cr | 162 | 3 | View details |
Products & Services of MoneyTap
MoneyTap offers a comprehensive portfolio of products and services, including Freo Credit, UPI Services, Insurance Products, and Digital Gold.
App for instant loans up to ₹5 Lakh without collateral
Quick transfers and payments via app
Various insurance options through app
Digital gold purchase and management
Funding Insights of MoneyTap
MoneyTap has successfully raised a total of $93.32M across 5 strategic funding rounds. 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 $93.32M
- Total Rounds 5
- First Round $3.32M
(Nov 2015)
- Investors Count 16
All 5 funding rounds of MoneyTap 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 |
|---|---|---|---|---|---|
| Jan 2020 | Debt – Conventional | – | – | ||
| Jan 2020 | $70M | Series B | $128.84M | Sequoia Capital, Aquiline Capital Partners | |
| Apr 2019 | $11M | Series A | $39.41M | RTP Global | |
| Jun 2017 | $9M | Series A | $••••• | Sequoia Capital | |
| Nov 2015 | $3.32M | Seed | $••••• | Anoop Goyal |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $128.84M | •••••••• |
| Apr 2019 | $39.41M | •••••••• |
| Jun 2017 | $••••• | •••••••• |
| Nov 2015 | $••••• | •••••••• |
Full valuation and stage history of MoneyTap
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 $128.84M (Jan 2020). 16 investors in total: 12 institutional and 4 angel.
Investors in MoneyTap
MoneyTap has secured backing from 16 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Money Forward, Vivriti Capital and Saison Card.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Private equity and debt investments are directed toward financial sectors. | 2005 | aquiline.com | New York, United States | |
Venture capital fund focused on tech startups | primevp.in | Bengaluru, India | ||
Investment intelligence and portfolio services in finance. | 2019 | megadeltacapital.com | Mumbai, India | |
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Early-stage venture capital fund | beenext.com | Singapore, Singapore | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States | ||
Multiple sectors are invested in by this venture capital fund. | Singapore, Singapore | |||
Debt financing solutions are provided to mid-market enterprises. | 2017 | vivriticapital.com | Chennai, India | |
Credit cards and related financial services are provided in Japan. | 1951 | saisoncard.co.jp | Tokyo, Japan |
Investor details for MoneyTap
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Mwyn Tech Private Limited (MoneyTap)
Mwyn Tech Private Limited is the primary company behind MoneyTap. The board of Mwyn Tech Private Limited currently have 3 directors; the longest-serving is Anuj Kacker Ashok, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anuj Kacker Ashok DIN 06603999 | Whole-time director | 20 Oct 2015 | 11 yrs | Mwyn Tech Private Limited |
| Abdul Mubarak DIN 08049555 | Director | 10 Jan 2018 | 8 yrs 9 mo | Mwyn Tech Private Limited |
| Kunal Varma DIN 02731251 | Director | 27 Dec 2018 | 7 yrs 10 mo | Mwyn Tech Private Limited |
People of MoneyTap
26 people are tracked at MoneyTap (9 in leadership, 1 in board & advisors, 16 in team); the tracked headcount is 162.
| Name | Role | Group |
|---|---|---|
Ruchir Lahoty | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Bala Parthasarathy | Co-Founder & CEO | Leadership |
| Co-Founder | Leadership | |
Sandeep Banu | Head of Human Resources | Leadership |
Mubarak A | Department Head Administration | Leadership |
Mallikarjuna Pravesh S | Head of Legal | Leadership |
Elango Ramaraj | Chief Technology Officer | Leadership |
Ankur Maheshwari | CFO | Leadership |
Balaji Parthasarathy | CEO & Co-founder | Board & advisors |
Ujjawal Raj | Senior Software Engineer | Team |
Ajesh Nag | Engineering Manager | Team |
Rajshekhar Horatti | Senior Data Engineer | Team |
Sumit Ghosh | Senior Software Engineer | Team |
Varun Venkatesh | Business Analyst | Team |
Rishab Kumar | Software Engineer | Team |
Ashutosh Singal | Quality Assurance Engineer | Team |
Riya Bhatia | Devsecops Engineer | Team |
Pruthvi Gowda | QA Lead | Team |
Priyanka Garg | Senior Software Engineer | Team |
6 more people are available in the full profile.
Complete people profiles for MoneyTap
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 MoneyTap
Figures of Mwyn Tech Private Limited, the primary company behind MoneyTap, for FY 2025. Revenue was ₹117 Cr (+5% year on year). Net loss was -₹8.79 Cr (-8% margin). EBITDA was -₹6.85 Cr (-6% margin). Revenue has grown at a compounded annual rate of +7% over three years and +6% over five years.
- ₹117 CrRevenue · FY 2025 · +5% YoY
- -₹8.79 CrNet loss · -8% margin
- -₹6.85 CrEBITDA · -6% margin
- ₹3.2 LakhPaid-up capital
- 162Employees (provident fund records)
- +7%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Mwyn Tech Private Limited are on its company page.
Detailed financial statements for MoneyTap
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Timeline of MoneyTap
4 dated milestones of MoneyTap across 5 years, from founding to its latest funding, stage changes and deals.
- Founded MoneyTap is founded.
- Funding First funding round of $3.3M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional,.
Competitors of MoneyTap
MoneyTap has 3 listed competitors in our database. They include vCard, GalaxyCard and INDIE by IndusInd Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vcard.ai | 2018 | Hyderabad, India | 40 | Credit cards perosnal line of credit | ||
| gc-t.in | 2021 | Delhi, India | 2 | Offers instant credit via app for shopping, bills, and online transactions. | ||
| au0101.services | 2022 | Pune, India | Offers a digital banking platform for various financial applications. |
Detailed competitors of MoneyTap
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 MoneyTap
The website of MoneyTap (moneytap.com) receives about 107.5K visits a month and ranks #215,159 among all websites worldwide, #3,333 in Banking Credit and Lending.
- Monthly visits107.5K
▼ 46.2% vs previous month
- Unique visitors121.9K
per month
- Global rank#215,159
among all websites
- Category rank#3,333
Finance · Banking Credit and Lending
- Bounce rate31%
- Pages per visit2.3
- Average visit1 min 02 sec
- DevicesDesktop 2% · Mobile 98%
Websites whose visitors overlap most with MoneyTap. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aeoncredit.co.in | 100% | #819,343 | View details | ||
| rapidrupee.in | 100% | 35.5K | #454,905 | View details | |
| lendingplate.com | 98% | 76.8K | #317,941 | View details | |
kredito24.in | kredito24.in | 90% | #34,173 | – | |
| privo.in | 90% | #3,671,575 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for MoneyTap
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Alternative Lending
3 companies that operate in the same segment as MoneyTap (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Related news about Moneytap
Complete news archive for MoneyTap
Full article history, source details, and older brand coverage require an active premium plan.
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Articles about MoneyTap on our blog
- Five Fintech Startups to Watch Out for in 202121 Dec 2020
- Top 5 Indian Business Incubators17 Apr 2020
Frequently Asked Questions about MoneyTap
MoneyTap was founded in 2015.
MoneyTap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Bala Parthasarathy is the CEO of MoneyTap, as recorded in our data. They have also founded this company.
MoneyTap is a funded company, having raised a total of $93.32M across 5 funding rounds to date. The company's 1st funding round was a Seed of $3.32M, raised on Nov 2015.
MoneyTap has 162 employees.
The primary company behind MoneyTap, Mwyn Tech Private Limited, reported revenue of ₹117 Cr for FY 2025, up 5% year on year.
Developer of an app-based personal credit line for consumers. It offers a credit card with the approved credit line that can be used for multiple purposes including wedding loans, education loans, used car loans, debt consolidation loans, medical loans, and more. Users must add the required personal information along with the KYC process. Once verified and approved, the funds are transferred to the registered bank account. The application is available on the Android and iOS platforms.
MoneyTap's top competitors include vCard, GalaxyCard and INDIE by IndusInd Bank.
MoneyTap offers Freo Credit, UPI Services, Insurance Products, and Digital Gold.
MoneyTap has 16 investors. Key investors include Money Forward, Vivriti Capital, Saison Card, Aquiline Capital Partners, and RTP Global.
The valuation of MoneyTap is $128.84M as of Jan 2020.
MoneyTap operates through Mwyn Tech Private Limited.