HDFC Bank acquires 7.75% stake in Mintoak

Mintoak raised $4M Minority equity stake acquisition led by HDFC Bank on December 14, 2022.

Primary

Mintoak

Counterparty

HDFC Bank

Amount

$4M

Structure

Minority equity stake acquisition

Date

December 14, 2022

Sub-sector

Payments

HDFC Bank invests in fintech startup enabling SME merchants to accept multiple payment forms and engage banks digitally.

Primary company

Mintoak

Counterparty

HDFC Bank

Amount

$4M

Event date

December 14, 2022

Sub-sector

Payments

HQ

Not disclosed

Structure

Minority equity stake acquisition

Source published

December 14, 2022

Publisher

Inc42

Source: inc42.com