Fintech Funding Alert

Indian fintech startup Mysa raises $3.4m pre-series A

• ByStartupStory     |    January 31, 2026

Mysa Raises $3.4M Pre-Series A for Fintech Innovation

Mysa, the Indian fintech startup streamlining digital lending and financial inclusion for underserved markets, has raised $3.4 million in a pre-Series A round to expand its AI-driven credit assessment platform across Tier-2 and Tier-3 cities.

AI Credit Engine Targets Bharat’s Borrowing Needs

Founded by fintech veterans tackling India’s $500 billion credit gap, Mysa leverages alternative data – UPI patterns, mobile top-ups, and utility payments – to approve micro-loans in minutes for gig workers, small traders, and rural entrepreneurs bypassed by traditional banks. Unlike app-based neobanks chasing urban salaried users, Mysa’s embedded finance APIs power merchant cash advances through quick-commerce and local kirana networks, achieving 85% approval rates at 12-15% yields.

Capital Fuels Nationwide Lender Network

Proceeds accelerate partnerships with 50+ NBFCs, on-ground collection agents, and vernacular app localization supporting 10+ regional languages. The round positions Mysa to capture the $100 billion digital lending surge where alternative underwriting crushes collateral dependency.

Mysa proves fintech scales inclusion through data alchemy. $3.4 million unlocks 10 million first-time borrowers annually, turning UPI trails into credit lifelines from small-town merchants to gig economy hustlers.

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