MYND FINTECH
Mynd Fintech is a digital supply chain finance marketplace, founded in 2021 as part of Mynd Group, connecting enterprise anchors, MSME vendors/dealers, and 70+ banks/NBFCs via its M2 platform and UFX unified financing product with ERP integration and AI-driven fund optimisation.
- Company typePrivate
- Founded2021
- HeadquartersGurugram, India
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What MYND FINTECH does
Mynd Fintech Private Limited is a digital supply chain finance (SCF) marketplace founded in 2021 as the third business line of Mynd Group, operating alongside M1xchange (RBI-licensed TReDS platform) and M1 NXT (IFSCA-authorised ITFS platform in GIFT City). The company connects large enterprise buyers (anchors) — including public sector undertakings and government departments — with their MSME vendors, dealers, and distributors, and routes financing through a curated network of 70+ banks, NBFCs, factors, and TReDS platforms. Headquartered in Gurugram with a registered office in New Delhi, it serves markets in India, the GCC (with a UAE-based lead), and Africa (Nigeria referenced). The company offers seven products — Vendor Finance, Dealer Finance, Factoring, Sales Invoice Finance, Dynamic Discounting, Purchase Invoice Discounting, and the UFX unified platform — delivered via its M2 digital marketplace with 80+ live corporate ERP integrations.
The underlying technology stack combines a cloud-hosted marketplace, host-to-host/API ERP connectivity, and proprietary digital risk algorithms that leverage public and private data for real-time underwriting with self-learning from each transaction. The UFX platform adds an AI-driven multi-fund source engine that dynamically prioritises funding across own funds, TReDS, and bank lines for yield optimisation, and supports scenario analysis on annual net arbitrage. Revenue is generated through three streams: platform/SaaS fees on M2 access, transaction/facility fees on dynamic discounting, and interest-rate spreads between rates charged to suppliers receiving early payment and rates paid to lending partners (credit limits up to INR 100 crores per corporate, 30–180 day credit periods). Pricing is quote-based and not publicly disclosed. Go-to-market is sales-led, with a direct field force targeting anchor corporates pan-India and digital onboarding enabling disbursement within 24 hours; distribution is fully digital, augmented by content marketing (Mynd Speak blog) and active social channels.
Across the Mynd Group ecosystem, $21B+ in cumulative invoice value has been discounted across 3.5M+ invoices, with $1B+ financed monthly and 55K+ enterprises onboarded. Named anchor relationships include Tata Group, Amazon, TVS, Dabur, Ashok Leyland, AMD, Daikin, Blue Star, and Joyalukkas. The company reports no external institutional funding rounds and operates as a wholly-owned subsidiary of Mynd Group, with leadership including Co-Founder & CTO Anurag Chaturvedi and Chief Growth Officer – International Markets Sachin Sharma.
MYND FINTECH firmographics
Firmographics- Name
- MYND FINTECH
- Legal name
- Mynd FinTech Private Limited
- Website
- https://myndfin.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Mynd Fintech is a digital supply chain finance marketplace, founded in 2021 as part of Mynd Group, connecting enterprise anchors, MSME vendors/dealers, and 70+ banks/NBFCs via its M2 platform and UFX unified financing product with ERP integration and AI-driven fund optimisation.
- Ownership category
- akta.pro rank
MYND FINTECH industry classification
Industry- Product category
- Supply Chain Finance Platform
- NAICS
- Sales Financing (52222)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC)
- akta.pro secondary industry
- Pricing, Risk-Based Offer & Limit Management (FSAGAHAE)
Keywords
Where MYND FINTECH is headquartered
LocationHeadquarters
- HQ city
- Gurugram
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
MYND FINTECH business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform/SaaS Fees: Fees charged for access to the digital supply chain finance platform (M2 Platform). The platform facilitates transactions between buyers, suppliers, dealers, and financiers.
- Transaction/Facility Fees: Service fees charged on dynamic discounting and supply chain finance transactions. Fees are charged to anchors for the dynamic discounting facility availed. Credit period typically ranges 30-180 days per invoice depending on terms.
- Interest Rate Spread: Revenue generated from the spread between rates charged to vendors/suppliers receiving early payment and rates paid to lending partners (banks/NBFCs). Limits of up to INR 100 crores per corporate.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Vendor Finance - Unsecured line of credit facility for qualifying vendors |
| Other | Pay-as-you-go | Factoring - Invoice factoring with limits up to INR 100 crores per corporate |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
MYND FINTECH product offering
Product offeringCore offering
MYND FINTECH operates a digital lending marketplace that enables supply chain finance solutions by connecting large anchor corporates (buyers), their MSME vendors, dealers, and a network of 70+ banks and NBFCs on its M2 Platform. The company offers multiple working capital products—Vendor Finance, Dealer Finance, Factoring, Sales Invoice Finance, Dynamic Discounting, and Purchase Invoice Discounting—unified through the UFX (Unified Financing Experience) platform with ERP integration and AI-driven multi-fund source optimization.
Product overview
MYND FINTECH operates as a multi-product supply chain finance platform offering seven distinct solutions: Vendor Finance, Dealer Finance, Factoring, Sales Invoice Finance, Dynamic Discounting, Purchase Invoice Discounting, and UFX (Unified Financing Experience). These products work in concert through the UFX platform, which serves as the central hub connecting all supply chain finance programs with ERP systems and 70+ financial institution partners. The architecture follows a platform-plus-products model where UFX unifies TReDS, Dynamic Discounting, Reverse Factoring, Export Factoring, and Dealer Finance on a single interface, enabling CFOs and treasury teams to manage payables and receivables across MSME and non-MSME funding programs.
Differentiator
Problem solved
Functional benefit
Brands
- UFX: Unified Financing Experience - a single platform that unifies every supply chain finance program and funding partner for large corporates, connecting Payables and Receivables programs like TReDS, Dynamic Discounting, Reverse Factoring, Export Factoring and Dealer Finance.
Products and services
- Vendor Finance Working capital solution enabling vendors to access financing against confirmed invoices from anchor corporates, providing unsecured lines of credit with digital onboarding and disbursement within 24 hours.
- Dealer Finance Supply chain finance solution for dealers that provides working capital to finance payments to anchor corporates against confirmed invoices, with digital integration and flexible repayment terms.
- Factoring Invoice factoring service that converts outstanding receivables into immediate liquidity for sellers, with credit limits up to INR 100 crores per corporate and flexible repayment terms up to 120 days.
- Sales Invoice Finance Financing solution enabling vendors to unlock funds tied up in unpaid sales invoices, providing early liquidity without adding debt to the balance sheet.
- Dynamic Discounting Cash flow management solution enabling buyers to offer early payment discounts to suppliers in exchange for prompt payment, maximizing savings and improving supplier relationships.
- Purchase Invoice Discounting Supply chain financing enabling buyers to access funds against approved purchase invoices, optimizing working capital and ensuring timely supplier payments.
- UFX (Unified Financing Experience) Unified digital platform connecting all supply chain finance programs (TReDS, Dynamic Discounting, Reverse Factoring, Export Factoring, Dealer Finance) with ERP integration, linking to 70+ banks, NBFCs, TReDS platforms and treasury sources with AI-driven multi-fund source optimization.
Quantifiable outcome
- Finance available within 24 hours post onboarding
- +4 more outcomes
Companies that use MYND FINTECH
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles4 records
MYND FINTECH technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature4 records
MYND FINTECH partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- M1xchange (TReDS Platform)coreRBI-licensed TReDS platform - part of Mynd Group ecosystem. Mynd Fintech collaborates with M1xchange to facilitate MSME financing through the platform. M1xchange has facilitated 1,50,000 Cr+ invoices discounting with 3000+ corporates and 60,000+ MSMEs.
- M1 NXT (International Trade Finance)coreIFSCA-authorised ITFS platform based in GIFT City, Gandhinagar. M1 NXT simplifies and accelerates global trade finance, connecting exporters, importers, and financiers on a secure digital platform. Part of Mynd Group ecosystem alongside Mynd Fintech.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
MYND FINTECH competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
MYND FINTECH social profiles
Digital presenceMYND FINTECH financial estimates
Financial estimateRevenue estimate
Valuation estimate
MYND FINTECH leadership team
Management profileNumber of profiles
Profiles6 records
MYND FINTECH funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MYND FINTECH M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MYND FINTECH
What does MYND FINTECH do?
MYND FINTECH operates a digital lending marketplace that enables supply chain finance solutions by connecting large anchor corporates (buyers), their MSME vendors, dealers, and a network of 70+ banks and NBFCs on its M2 Platform. The company offers multiple working capital products—Vendor Finance, Dealer Finance, Factoring, Sales Invoice Finance, Dynamic Discounting, and Purchase Invoice Discounting—unified through the UFX (Unified Financing Experience) platform with ERP integration and AI-driven multi-fund source optimization.
Is MYND FINTECH a public or private company?
MYND FINTECH is a private company. It is classified as corporate owned and is currently operating.
When was MYND FINTECH founded?
MYND FINTECH was founded in 2021. It employs 1 to 10 people.
Where is MYND FINTECH based?
MYND FINTECH is headquartered in Gurugram, India, in the Asia region.
How does MYND FINTECH make money?
Three revenue lines are on record. Platform/SaaS Fees are the primary driver. The others are transaction/Facility Fees and interest Rate Spread.
Does MYND FINTECH have an API?
No public API is recorded for MYND FINTECH.
What industry is MYND FINTECH in?
MYND FINTECH's product category is Supply Chain Finance Platform. Its primary akta.pro industry code is FSAGAHAC, Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking), with a secondary code of FSAGAHAE, Pricing, Risk-Based Offer & Limit Management. Its NAICS code is 52222 and its SIC code is 6153.