Fintech software provider Hypto raises $3 mn from Stellaris, 3one4 Capital

The platform has processed over 55 million transactions totalling over $15 billion and currently works with over 10 banks

Hypto, a startup that provides fintech infrastructure to app developers, has raised $3 million in seed funding led by Stellaris Venture Partners, with participation from 3one4 Capital and Core 91. The round also saw participation from prominent angel investors including Amrish Rau, CEO of fintech company Pine Labs and Jitendra Gupta, who is the CEO of neo-banking startup Jupiter.

Founded in 2018 by Abhishek Rajagopal, Aravind Sriraman, and Tholkappiyan Velavan, Hypto says its goal is to democratise access to technological infrastructure required to build fintech products. By unbundling the various layers of technology that bridge banks, financial institutions, and their customers