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Fintech platform OneStack has raised undisclosed capital as part of its ongoing Series A funding round. The round was led by Samved VC and Silicon Road Ventures, with participation from existing investors including Pentathlon Ventures, 100Unicorns and Venture Catalysts. The company also saw interest from a small group of global investors.
This follows OneStack’s earlier USD 2 million fundraise in March 2025, which was led by Pentathlon Ventures. With the latest infusion, the company’s total funding to date is estimated at around USD 4.24 million.
The fresh capital will be used to strengthen OneStack’s digital banking platform. Planned investments include upgrades to mobile banking applications, UPI and QR-based payment systems, SoundBox integrations, Bharat Bill Payment System (BBPS) services, and core banking solutions designed for cooperative institutions.
Founded in 2019 by Amit Kapoor and Vishal Gupta, OneStack provides a software-as-a-service digital banking infrastructure for cooperative banks and credit societies. The platform operates as both a technical service provider and an application service provider, offering a unified technology stack that covers core banking, mobile banking, NPCI UPI switch, and BBPS switch.
OneStack currently works with more than 200 cooperative institutions across India and aims to onboard around 500 banks over the next two years. The startup claims to process over INR 750 crore in annual UPI transaction value and is targeting INR 1,000 crore by the end of the year.
It also plans to expand into new states and deepen integrations across payments, billing, and regulatory reporting.
