Founded in 2023, Mysa helps mid-sized companies manage vendors, handle payments, and track expenses across multiple banks.Fintech startup Mysa has raised $3.4 million in a pre-Series A round led by Blume Ventures and Piper Serica.
The round also saw participation from new investors Ikemori Ventures, Raise Financial Services, QED Innovation Labs, and existing investors Antler, IIMA Ventures & Neon Fund.
Founded in 2023, Mysa helps mid-sized companies manage vendors, handle payments, and track expenses across multiple banks.
“Finance teams today are expected to move faster while managing more complexity, but the underlying infrastructure hasn’t evolved. We’re building an AI-driven automation platform that plugs seamlessly into legacy ERPs and banks, enabling teams to scale without adding operational risk—at zero upfront cost and with no migration required,” said Arpita Kapoor, co-founder and CEO of Mysa.
Mysa already works with companies such as Dhan, Wint Wealth, Swish and DrinkPrime. The Bengaluru-based startup said the fresh capital will help it sharpen its AI stack and expand its banking suite, with a focus on UPI-led expense management and a corporate credit card product.
“This is a massive, under-served opportunity in India, where mid-size businesses continue to struggle with fragmented and inefficient financial & banking workflows, paying service companies upfront fees to solve for gaps in legacy ERPs. Mysa is creating a new category by combining AI-driven automation with deep bank integrations,” added Ajay Modi, director investments at Piper Sercia.
Mysa also wants to offer embedded financing through its vendor network, making it easier for businesses to access capital.
“The team has a deep, first-principles understanding of finance teams’ real-world pain points—reflected in strong customer referrals and near-zero churn in the product’s first year cycle. The platform’s multi-banking architecture and AI-first approach make it a natural upgrade layer over legacy systems,” said Joseph Sebastian, VP at Blume Ventures.
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