Fintech firm OneStack has secured fresh funding in its Series A round. The capital will boost its digital banking platform, including mobile apps and payment services. Fintech startup OneStack has raised undisclosed capital in its ongoing Series A round led by Samved VC and Silicon Road Ventures, with participation from existing investors Pentathlon Ventures, 100Unicorns and Venture Catalysts.
The fresh capital will be used to strengthen its end-to-end digital banking platform, including mobile banking applications, UPI and QR payments, SoundBox integrations, Bharat Bill Payment System (BBPS) services, and cooperative-focused core banking solutions.
The company in a statement on Tuesday said the round has also attracted interest from several global investors.
“Regulatory expectations around digital infrastructure and governance have increased significantly over the last few years. We are seeing growing demand from cooperative banks that want to modernise operations quickly without adopting heavyweight enterprise systems. This funding will help us scale our platform and support more institutions across the country,” said Amit Kapoor, Co- founder, OneStack.
Founded in 2019 by Amit Kapoor and Vishal Gupta, OneStack offers a SaaS-based digital banking infrastructure platform built for cooperative banks and credit societies. The company currently serves over 200 cooperative institutions across India and aims to expand its footprint to 500 banks over the next two years.
The Gurugram-based firm processes more than ₹750 crore in annual UPI transaction value through its NPCI-integrated payments stack and expects to cross ₹1,000 crore in transaction value by the end of this year, it added.
“OneStack has built a compliant and scalable SaaS platform tailored specifically to the needs of cooperative banks even as the cooperative banking segment still remains under-digitised despite its systemic importance,” said Amit Srivastava, managing partner at Samved VC.
OneStack had previously raised $2 million in March 2025 in a round led by Pentathlon Ventures, with participation from Yatra Angel Network, 100Unicorns and Venture Catalysts.
Including earlier rounds, the company has raised $4.24 million to date.
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