Mintoak CEO: India's QR boom is just the launchpad for MSME embedded finance
At MSME Sparks 2026, Mintoak CEO Raman Khanduja argues that QR/UPI payments are only the beginning. The next wave: turning merchant transaction data into embedded finance and contextual lending, unlocking working capital and credit lines for small merchants across India.
Mintoak CEO Raman Khanduja at MSME Sparks 2026 argues India's QR/UPI payments are just the start; digital transaction data can unlock embedded finance and contextual lending to help MSME merchants access working capital and credit.
Why this matters
Extends Mintoak's merchant-tech push beyond payments into lending. Follows Visa tapping Mintoak to arm APAC acquirers with a merchant SaaS stack, signaling ambitions across the merchant finance layer.
Leadership signals steady at 695 in the last 90 days.
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