SaaS platform Mintoak raised $20 million in Series A led by PayPal Ventures

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SaaS platform Mintoak, raised $20 million in Series A led by PayPal Ventures where British International Investment, HDFC Bank, Pravega Ventures, and other institutional investors like White Whale Venture Fund also participated.

Mintoak’s SaaS offerings are intended to help banks and merchant acquirers engage with their SME customers and drive financial product cross-selling. Its technology platform is responsible for omni-channel payments, real-time analytics for business owners, SME commerce enablement solutions, and capital access. Mintoak stated that it intends to use this funding to improve its technology stack and expand its existing product portfolio. The company also stated that it intends to strengthen its presence in India while also expanding into new markets in the Middle East, Africa, and Southeast Asia.

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SaaS platform Mintoak raised $20 million in Series A led by PayPal Ventures

SaaS platform Mintoak, raised $20 million in Series A led by PayPal Ventures where British International Investment, HDFC Bank, Pravega Ventures, and other institutional investors like White Whale Venture Fund also participated.

Mintoak’s SaaS offerings are intended to help banks and merchant acquirers engage with their SME customers and drive financial product cross-selling. Its technology platform is responsible for omni-channel payments, real-time analytics for business owners, SME commerce enablement solutions, and capital access. Mintoak stated that it intends to use this funding to improve its technology stack and expand its existing product portfolio. The company also stated that it intends to strengthen its presence in India while also expanding into new markets in the Middle East, Africa, and Southeast Asia.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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