Close Menu
fintechbits
  • News
  • AI
  • Acquisitions
  • Trends
  • Insights
  • Rumors
  • Startups
  • finjobsly

Subscribe to Updates

Get the latest news from Fintechbits.

Trending Now

DECENTRO rewards its initial employees with ESOP redemption after surpassing ₹45,000 crores in payment volume.

July 30, 2025

Alibaba’s finance chief shows optimism about the trajectory of China’s AI and consumer market.

July 30, 2025

London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

July 30, 2025

Enhancing Automation: AI in Finance Awards 2025

July 30, 2025
Facebook X (Twitter) Instagram
Trending
  • DECENTRO rewards its initial employees with ESOP redemption after surpassing ₹45,000 crores in payment volume.
  • Alibaba’s finance chief shows optimism about the trajectory of China’s AI and consumer market.
  • London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.
  • Enhancing Automation: AI in Finance Awards 2025
  • Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.
  • Google remains silent on whether the UK secretly asked for a compromised door to access user data.
  • Kuvi.ai introduces the private beta release of its agency financing system.
  • File downloads, live video searches, and additional features
Facebook X (Twitter) Instagram Pinterest Vimeo
fintechbits
  • News

    The Journey of Sofi: Transitioning from Student Loans to Fintech Dominance

    July 25, 2025

    This Week in Fintech: Biweekly News Summary for June 24

    July 19, 2025

    Fintech and Global Expansion as Russia’s National Center Hosts a Major Session at SPIEF 2025 in Salt Lake City News, Weather, and Sports Updates

    July 15, 2025

    Alona Shevtsova emphasizes the importance of connection at the recent London Fintech Club event – London Business News

    July 15, 2025

    Unicorn Bank Zero represents the final achievement of his fintech journey.

    July 9, 2025
  • AI

    Alibaba’s finance chief shows optimism about the trajectory of China’s AI and consumer market.

    July 30, 2025

    Enhancing Automation: AI in Finance Awards 2025

    July 30, 2025

    Kuvi.ai introduces the private beta release of its agency financing system.

    July 30, 2025

    A Driver of Financial Control Centered on AI

    July 30, 2025

    Confidence emerges as the primary barrier to the integration of AI agents in finance and accounting, despite positive attitudes toward the technology.

    July 29, 2025
  • Acquisitions

    African fintech leaders are shaping the industry through worldwide acquisitions.

    June 30, 2025

    Acrisure obtains significant funding to enhance its fintech strategy.

    June 14, 2025

    $200 million IPO SPAC aims for acquisitions in fintech and AI sectors.

    June 1, 2025

    Wealthsimple hires multiple teams to enhance family financial management.

    May 31, 2025

    The HPS of Morocco plans to acquire a Fintech company by 2027, referred to as CEO – TradingView News.

    May 3, 2025
  • Trends

    Exploring the Challenges of a Unsuccessful Proposal in a Turbulent Fintech Environment

    July 29, 2025

    European fintech company Tractial boosts its Bitcoin holdings to 25.03 BTC, highlighting trends in institutional cryptocurrency adoption.

    July 24, 2025

    Impacts of Q2 2025 Success for QCR Holdings Compared to Revenue Shortfall: A Disconnect in the Fintech Sector

    July 24, 2025

    Trends in Fintech and Key Safety Considerations

    July 22, 2025

    Market size, share, trends, and business profiles in the Fintech industry

    July 10, 2025
  • Insights

    Co-founder of Wise claims £10 billion fintech misled investors

    July 29, 2025

    Bruce Markets obtains strategic investment from Apex Fintech Solutions, Robinhood, and Tastytrade.

    July 23, 2025

    ICAPITAL Fintech Achieves a Valuation Exceeding $7.5 Billion in Recent Fundraising Amid Surge in Private Markets

    July 10, 2025

    Alphalésaka Technologies: The Potential Transformative Impact of Recent Fintech Acquisition

    July 9, 2025

    Surge Continuation Funds in Europe Prepared for the 2025 Records – Fintech Schweiz Digital Finance News

    July 7, 2025
  • Rumors

    Hang Seng Electronic denies claims of partnership with anti-establishment groups as stock exchange declines by 0.17%

    July 29, 2025

    Kakaopay Stock Halted Amid Concerns Over Stablecoins

    July 26, 2025

    JPMorgan’s new fintech fees are provoking a response from the industry.

    July 26, 2025

    Bitcoin Surged 2.00% in 24 Hours Amid Trump’s Cryptographic Market Rumors

    July 26, 2025

    A rapidly expanding fintech amid high valuations and future profits

    July 25, 2025
  • Startups

    DECENTRO rewards its initial employees with ESOP redemption after surpassing ₹45,000 crores in payment volume.

    July 30, 2025

    London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

    July 30, 2025

    Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.

    July 30, 2025

    Google remains silent on whether the UK secretly asked for a compromised door to access user data.

    July 30, 2025

    File downloads, live video searches, and additional features

    July 30, 2025
  • finjobsly
fintechbits
Home » Fintech startup PeLocal raises $2 million in seed funding led by Unicorn India Ventures
Startup News

Fintech startup PeLocal raises $2 million in seed funding led by Unicorn India Ventures

2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Wvwkvfu2hlfcsfbcqn2x.png
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link

PeLocal, a payment solutions provider within Whatsapp, raised $2 million in seed funding funding round led by Unicorn India Ventures.

The startup plans to use the capital raised to develop and improve the platform and also help accelerate go-to-market strategies for large-scale project deployment.

What does PeLocal do?

Founded in 2021 by Vivekanand Tripathi (Founder & CEO), PeLocal is pioneering payment solutions within WhatsApp, advancing digital transactions for clients like Delhi Metro, Indraprastha Gas, Mahanagar Gas and insurers.

The startup specializes in public transport ticketing, utility payments and financial services, offering secure solutions to the public and private sectors.

The growth of PeLocal

PeLocal claims to have gone from 500,000 monthly payment transactions to 3 million monthly payment transactions in the last 12 months.

The startup now aims to reach 10 million monthly payment transactions on WhatsApp in the next 12 months. It will also launch a marketing catalog on WhatsApp with an SME payments and payments platform on WhatsApp.

“PeLocal is delighted to be supported by Unicorn India Ventures. The deep expertise and strategic insights of Unicorn executives, who have backed several high-performing fintech startups, will be invaluable as we continue to build on our growth momentum. This is our first institutional funding and we believe it is a crucial step in the right direction, providing the support and guidance needed to fuel our continued expansion and success,” said Vivekanand Tripathi , founder and CEO of PeLocal.

Investor comments

Commenting on the investment, Anil Joshi, Managing Partner, Unicorn India Ventures, said, “India is undoubtedly one of the fastest growing fintech markets in the world, driven by rapid adoption of digital technologies . As digital payment solutions grow, there is still a need for a single and simple digital payment solution for micro-payments on the fly, which PeLocal enables through the WhatsApp platform and enables a seamless experience for consumers and service providers.

“As we have a strong track record of investing in the fintech segment, we believe PeLocal will continue its momentum and also continue to evolve with its innovative solutions and strengthen its leadership position in this space. PeLocal has experienced a 3x annual growth rate in the industry. over the last 24 months and will launch new solutions. Therefore, we believe the market opportunity is huge and the company has created the right momentum to capitalize on this segment,” added Joshi.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

DECENTRO rewards its initial employees with ESOP redemption after surpassing ₹45,000 crores in payment volume.

July 30, 2025

London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

July 30, 2025

Hongshan-backed Fintech startup in Hong Kong raises $40 million to enhance Stablecoin initiative.

July 30, 2025
Leave A Reply Cancel Reply

Latest news

DECENTRO rewards its initial employees with ESOP redemption after surpassing ₹45,000 crores in payment volume.

July 30, 2025

Alibaba’s finance chief shows optimism about the trajectory of China’s AI and consumer market.

July 30, 2025

London-based Finutup Fintech secures 6.3 million euros in funding and introduces a Stablecoin API for borderless payment solutions.

July 30, 2025
News
  • AI in Finance (1,412)
  • Breaking News (159)
  • Corporate Acquisitions (65)
  • Industry Trends (182)
  • Jobs Market News (297)
  • Market Insights (193)
  • Market Rumors (258)
  • Regulatory Updates (154)
  • Startup News (949)
  • Technology Innovations (156)
  • X Feed (1)
About US
About US

FintechBits is a blog delivering the latest news and insights in fintech, finance, and technology. We cover breaking news, market trends, innovations, and expert opinions to keep you informed about the future of finance

Facebook X (Twitter) Instagram Pinterest Reddit TikTok
News
  • AI in Finance (1,412)
  • Breaking News (159)
  • Corporate Acquisitions (65)
  • Industry Trends (182)
  • Jobs Market News (297)
  • Market Insights (193)
  • Market Rumors (258)
  • Regulatory Updates (154)
  • Startup News (949)
  • Technology Innovations (156)
  • X Feed (1)
Happening Now

November 28, 2024

“ Intentionally collaborative ”: how the Rotman school of U of T leads Innovation Fintech

February 6, 2025

‘1957 Ventures’ to Drive FinTech Innovation in Saudi Arabia

September 10, 2024
  • About FintechBits
  • Advertise With us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Terms and services
  • BUY OUR EBOOK GUIDE
© 2025 Designed by Fintechbits

Type above and press Enter to search. Press Esc to cancel.