ICICI Bank-backed fintech startup Fingpay raises Series A cash from IvyCap Ventures

VCCircle | Apr 3, 2020 at 11:31 AM
  • Mumbai-based Tapits Technologies Pvt. Ltd, which operates last-mile banking services platform Fingpay, said it has raised Rs 26.7 crore ($3.5 million at current exchange rate) from IvyCap Ventures as part of its Series A funding round.
  • The development comes around a month after VCCircle reported that IvyCap had invested Rs 8.5 crore (around $1.15 million) in Bengaluru-based Singularity Automation Pvt.
  • Some of its services include digital mandates for recurring payments, a Unified Payments Interface (UPI)-based platform, an Aadhaar-based payments solution and mobile point-of-sale services.