Credit Saison Supports Mylapay's USD 1m Bridge Financing
Payment infrastructure startup Mylapay has secured $1 million in a fresh capital injection, fortifying its balance sheet ahead of a planned Series A fundraise. The bridge round saw follow-on commitments from existing investors CDM Capital and Credit Saison, while Pratekk Agarwaal’s GrowthCap Ventures joined the cap table as a new backer, supported by a cohort of strategic angel investors.
The newly deployed capital is earmarked for technical scalability and geographic diversification. Mylapay plans to enhance its cloud-native infrastructure and deepen integration partnerships with banks and payment aggregators. Furthermore, the company is aggressively pursuing a footprint in international corridors, targeting expansion into the Middle East, Africa, and U.S. markets.
Mylapay operates in the critical plumbing of the fintech ecosystem, offering an "acquiring-in-a-box" solution. Its technology stack manages the full lifecycle of card and UPI transactions—from 3DS authorization and switching to clearing, settlement, and chargeback management. The platform, which holds certifications from Visa, Mastercard, and RuPay, recently rolled out a unified acquiring interface capable of processing 5,000 transactions per second.
Mohanraj Ravi, Founder and CEO of Mylapay, argues that the industry is shifting away from opaque service models. “Payment processing can no longer be a black-box ‘service.’ Regulatory changes and industry evolution now demand product-based solutions—configurable, secure, and built for scale,” Ravi said. He noted that the funding will accelerate the adoption of their compliance-first infrastructure, allowing acquirers to maintain control without sacrificing data privacy.
Investors appear bullish on the startup’s infrastructure-first approach. Pratekk Agarwaal, Founder and General Partner at GrowthCap Ventures, described the firm as a "category-defining" play. “Mylapay is solving one of the most critical infrastructure gaps—helping banks and payment institutions modernize their acquiring stack with reliability, compliance depth, and scale,” Agarwaal stated.
The round also highlights a continued focus on regulatory robustness in the FinTech sector. Davesh Manocha, Managing Partner at CDM Capital, cited Mylapay’s “deliberate” focus on building a compliance-first architecture as a key driver for their continued support.
Norbert Gehrke
