Mintoak lands $6M Series A backed by PayPal Ventures

Mintoak is a payments‑focused fintech company operating out of Maharashtra. In the latest Indian startup funding roundup, the firm announced a $6M Series A round, with PayPal Ventures acting as the lead investor. The financing places Mintoak among a flurry of fintech activity in the country; the same period saw PowerUp Money raise $12M for investment‑tech services and StockGro secure $13M in a Series B, underscoring strong investor appetite for financial‑technology solutions. While the source does not detail how Mintoak intends to allocate the capital, the size of the round signals confidence from a major corporate venture arm in the startup’s payment platform potential. PayPal Ventures’ involvement adds a layer of credibility, suggesting that Mintoak’s technology may align with broader trends in digital payments and cross‑border transactions. The inclusion of Mintoak in StartupTalky’s December 2025 funding table highlights the continued momentum of Indian fintechs attracting sizable early‑stage investments, a pattern that could accelerate competition in the payments space. As the sector evolves, Mintoak’s ability to differentiate its offering will be critical to translating this fresh capital into market share and scaling its services across the Indian payments ecosystem.