B2B payments solutions provider Mintoak raises Rs.80-Cr from BlackSoil

Mumbai-based fintech SaaS company Mintoak has raised INR 80 crore in acquisition financing from BlackSoi l. The debt facility was used to finance the acquisition of ICC Loyalty, a loyalty and rewards technology company based in Dubai.Founded in 2017 which was co-founded by Raman Khanduja, Rama Tadepalli, Sanjay Nazareth , Kabeer Jain and Rohit Ramana, Mintoak provides a payments and engagement operating system for banks, enabling financial institutions to convert payment transactions into customer engagement, recurring revenue and value through a unified white label platform.