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Enabling co-branded cards to be launched in under 7 days

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Fintech

Invested in 2022

Vegapay is a plug and play solution for financial institutions & fintechs to start their lending business by integrating with existing APIs which cover end-to-end lending lifecycle, co-branded cards, and multi-currency cards.

current value

Allocation

Fund I

funding stage

Funding Stage

Seed

Founder Icon

Founders

gaurav mittal

Gaurav Mittal

puneet sharma

Puneet Sharma

himanshu agarwal

Himanshu Agrawal

abhinav-garg

Abhinav Garg

other investors

Other Investors

capri global

Capri Global

dsp investments

DSP Investments

Elevation Capital

Elevation Capital

dsp investments

DSP Investments

Reason For Investment

Popularity of credit cards in India have grown significantly. However, penetration of credit cards still remains low when compared to debit cards due to lack of distribution channels especially in Tier 2+ cities in India. Backed by a team of fintech stalwarts, Vegapay is democratising issuance of co-branded credit cards for traditional and new–age financial services platforms.

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