Fino Paytech - About the company
Fino Paytech is a series D company based in Mumbai (India), founded in 2006. It operates as a Provider of banking technology platforms and service delivery channel infrastructure. Fino Paytech has raised $177M in funding from investors like IFC, Blackstone and Bharat Petroleum, with a current valuation of $*****. The company has 211 active competitors, including 9 funded and 25 that have exited. Its top competitors include companies like Olyv, 5paisa and HFS.
Company Details
Provider of banking technology platforms and service delivery channel infrastructure. These systems facilitate customer sourcing and account servicing for financial institutions, government entities, and insurance providers. The business model utilizes in-house technology and operational frameworks to function as an alternate banking channel. This infrastructure addresses serviceability and scalability requirements for organizations managing under banked customer segments.
- Website
- www.finopaytech.com/
- Social
- Email ID
- *****@finopaytech.com, *****@finopaytech.com
- Phone Number
- +91 **********
- Registered Address
- Mindspace Juinagar, 9th Floor, Plot No. Gen 2/1/F, Tower 1,TTC Industrial Area,MIDC Shirwan, e,Juinagar, Thane, Navi Mumbai, Maharashtra, India, 400706
Key Metrics
Founded Year
2006
Location
Mumbai, India
Stage
Series D
Total Funding
$177M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Sep 27, 2021
Ranked
1st among 211 active competitors
Annual Revenue
₹1,000+ Cr as on Mar 31, 2025
Employee Count
6,079 as on Mar 31, 2026
Similar Companies
Legal entities associated with Fino Paytech
Fino Paytech is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FINO PAYTECH LIMITED CIN: U72900MH2006PLC162656 , India, Active | Jun 15, 2006 | ₹1,000+ Cr (As on Mar 31, 2025) | 19 (As on Apr 01, 2026) |
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Fino Paytech's funding and investors
Fino Paytech has raised a total funding of $177M over 9 rounds. Its first funding round was on Jul 2006. Its latest funding round was a Series D round on Sep 27, 2021 for $*****. 7 investors participated in its latest round. Fino Paytech has 34 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of Fino Paytech:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 27, 2021 | 4697427 | Series D | 2503793 | 4016438 | 2496386 | 4701353 |
Jan 05, 2017 | 2176035 | Series D | 9888699 | 8047342 | 8871534 | |
Jul 29, 2016 | 8883783 | Series D | 6179987 | 8280511 | 3556573 |
Access funding benchmarks and valuations. Sign up today!View details of Fino Paytech's funding rounds and investors
Fino Paytech's founders and board of directors
Founder? Claim ProfileFino Paytech's Board of Directors
Fino Paytech's board has 9 active members. Prateek Roongta, Sudeep Gupta and Amit Jain are part of team and Sudeep Gupta, Apurva Pradeep Pradeep Joshi, Anjana Grewal, Sivakumar Krishnamurthy, Rajeev Deoras and Vanitha Jayaraman are independent board members.Here is the list of Fino Paytech's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
cjiuqms | Team | - | Past | 8y 3m |
zvnvxui | Team | - | Current | 9y 5m |
Investor | - | Current | 3y 10m | |
zxvukwl | Investor | gatwdjb | Past | 6y 3m |
tviupsy | Investor | - | Past | 5y 5m |
Independent board member | - | Current | 7y 9m | |
du{nhbi | Independent board member | - | Current | 1y 7m |
yftcjjr | Independent board member | - | Current | 2y 6m |
tfrqgyl | Independent board member | - | Current | 4y 1m |
oofacww | Independent board member | - | Current | 4y 2m |
kesiavp | Independent board member | - | Past | 1y 6m |
ykfuvxn | Independent board member | - | Past | 9y 3m |
{fpe{rt | Independent board member | - | Past | 5y 8m |
iaaxmgp | Independent board member | - | Past | 4y 7m |
bk{aieb | Independent board member | - | Past | 9y 8m |
tfafhox | Independent board member | - | Past | 2y 6m |
kwomojk | Independent board member | - | Past | 7y 2m |
Fino Paytech's employee count trend
Fino Paytech has 6,079 employees as of Mar 26. Here is Fino Paytech's employee count trend over the years:
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Fino Paytech's Competitors and alternates
Top competitors of Fino Paytech include Olyv, 5paisa and HFS. Here is the list of Top 10 competitors of Fino Paytech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Fino Paytech 2006, Mumbai (India), Series D | Provider of banking technology platforms and service delivery channel infrastructure | $177M | 72/100 | |
2nd | A personal loan and financial solutions provider | $49.5M | 67/100 | ||
3rd | Broker-based online trading and investment platform | - | 63/100 | ||
4th | Provider of financial products including business, working capital, and MSME loans | $92M | 62/100 | ||
5th | Save Solutions 2009, Delhi (India), Series C | Provider of MSME business loan against property to rural and semi rural communities | $50.2M | 62/100 | |
6th | Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers | $10.6M | 61/100 | ||
7th |  Dvara KGFS 2008, Chennai (India), Series E | Provider of financial services including loans, insurance, savings, and remittances | $47M | 58/100 | |
8th | NSDL Payments Bank 2015, Mumbai (India), Unfunded | Platform offering digital banking solutions for consumers | - | - | 56/100 |
9th | Platform offering POS software for business | $50.2M | 56/100 | ||
10th |  Fino Payments Bank 2006, Navi Mumbai (India), Public | Payments banks offering personal & merchant banking solutions | $20M | 54/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Fino Paytech's competitors? Click here to see the top ones
Fino Paytech's Latest cap tables and shareholding
Founders own 0.64%, Funds own 29.26%, Enterprises (largest shareholder) own 53.38% and Angels own 0.01%. The net worth of Fino Paytech's founders is INR 22.8Cr as of Sep 27, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 0.64% | 22.8Cr | 0 | 0 | 0 | 0 |
Fund | 29.26% | 1,050Cr | 2874268 | 2543928 | 7883663 | 7183373 |
9501528 | 5517466 | 8935000 | 9272454 | 1614479 | 4659172 | |
820824 | 587865 | 240291 | 229910 | 518829 | 517053 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Enterprise | 53.38% | 1,910Cr | 1922691 | 8031365 | 1822774 | 2121039 |
Angel | 0.01% | 18.9L | 0 | 0 | 0 | 0 |
Other People | 1.46% | 52.3Cr | 6 | 3 | 1 | 1 |
ESOP Pool | 11.50% | 411Cr | 7049547 | 7893873 | 8730691 | 2669005 |
Other Investors | 3.79% | 135Cr | 188 | 263 | 384 | 871 |
Total | 100.00% | 3,570Cr | 7790937 | 9928874 | 7714905 | 1995451 |
To unlock detailed Cap Table of Fino Paytech Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Fino Paytech's Shareholding
Fino Paytech's Investments and acquisitions
Fino Paytech has made 2 investments in CityCash and BizzO. Fino Paytech has not made any acquisitions as of now.Reports related to Fino Paytech
Here is the latest report on Fino Paytech's geography:
News related to Fino Paytech
Filter this listMedia has covered Fino Paytech for a total of 3 events in the last 1 year, 2 of them have been about people movement.
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BPCL picks up 21 per cent stake in Fino PayTech for Rs 250 croreIndiatimes•Mar 12, 2023•Bharat Petroleum, Fino Paytech
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ICICI Lombard increases stake in Fino PayTech to 5.25%India Infoline•Jan 27, 2022•ICICI Lombard, Fino Paytech
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Shri Vetsa Ramakrishna Gupta takes over as Director Finance of Bharat PetroleumAsian News International•Sep 08, 2021•Bharat Petroleum, Fino Paytech, BPRL
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Fino Payments Bank mulls reverse merger with Fino PaytechRetailbankerinternational•Aug 31, 2021•Fino Paytech, Fino Payments Bank, Equitas Bank, Ujjivan SFB
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