Mswipe Technologies Pvt. Ltd.

Mswipe, founded in 2011 and based in Mumbai, is a fintech that offers mobile and countertop POS devices, QR and soundbox products, bill payments and merchant working-capital loans. Its lending arm is Mcapital. It sells mainly to small retailers and merchants, and earns money from payment processing and lending. It has a presence across 800+ cities and 16,000+ pin codes. Tracxn estimates total funding at about $126M, and its latest round was a $20M growth round in early 2024 from existing investors. Tracxn also puts FY2025 revenue at ₹100–500 Cr.