PayPal Ventures leads a $20 million funding round for SaaS startup Mintoak

PayPal Ventures leads a $20 million funding round for SaaS startup Mintoak.

Software-as-a-Service (SaaS) platform Mintoak, which specialises in merchant services, has secured $20 million.

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The Mumbai-based business claimed that HDFC Bank increased its equity through its investment from 5.20% to 7.75%.

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In a stock exchange statement from December, HDFC Bank made the fundraising announcement.

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