Mintoak, a merchant SaaS platform, has acquired Digiledge, a fintech startup, specialising in Bill Payments and Central Bank Digital Currency (CBDC) solutions.
The acquisition enhances Mintoak’s merchant engagement, retention, and monetisation opportunities for banks and acquirers. By adding Bill Payments and CBDC capabilities to its platform, Mintoak is equipping acquirers with future-ready solutions to better serve SMEs in an evolving digital landscape.
Founded in 2017 by Raman Khanduja, Rama Tadepalli, and Sanjay Nazareth, Mintoak offers a suite of SaaS products that help banks and merchant acquirers engage SMEs and drive financial product cross-selling.
Recently, Mintoak raised ₹71 crore in a secondary funding round led by Z3Partners.
Founded in 2017 by Chandni Mahesh and Mahesh Govind, Digiledge provides blockchain solutions for BFSI, Supply Chain & IOT. Its advanced bill payments and CBDC stack, adopted by Indian banks, enhance payment infrastructure, digitize financial workflows, and ensure secure transactions.
Raman Khanduja, Co-founder and CEO of Mintoak, said, “This acquisition is a major milestone in our mission to support SMEs with an all-in-one merchant payments and commerce platform. By adding Digiledge’s Bill Payments and CBDC capabilities, we are making it easier for merchant acquirers to grow and help more SMEs access digital tools and financial services. Together, we’re changing the way merchants do business in a digital world.”
Mahesh Govind, Co-founder and CEO of Digiledge, said, “Joining forces with Mintoak opens up new opportunities for us to operate at scale and expand our reach into international markets. This partnership empowers us to deliver more value and support the SME ecosystem globally.”
