Setu (Financial Software) Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 3

Setu (Financial Software) General Information

Description

Developer of a financial technology intended to accelerate economic growth by making formal finance accessible to all. The company's offerings include low-cost, modular API infrastructure, enabling clients to develop their fintech product or service in a matter of days.

Contact Information

Website
www.setu.co
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly PE-Backed
Corporate Office
  • Third floor, No. 2/1, Embassy Icon Annexe
  • Infantry Road
  • Bengaluru, Karnataka 560001
  • India
+91 080
Primary Industry
Other Financial Services
Other Industries
Financial Software
Parent Company
Pine Labs
Vertical(s)
FinTech
Corporate Office
  • Third floor, No. 2/1, Embassy Icon Annexe
  • Infantry Road
  • Bengaluru, Karnataka 560001
  • India
+91 080

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Setu (Financial Software) Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Setu (Financial Software) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a financial technology intended to accelerate economic growth by making formal finance accessible to all. T
Other Financial Services
Bengaluru, India
100 As of 2022

Chennai, India
 

Bangalore, India
 
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Setu (Financial Software) Competitors (17)

One of Setu (Financial Software)’s 17 competitors is M2P Fintech, a Venture Capital-Backed company based in Chennai, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
M2P Fintech Venture Capital-Backed Chennai, India
Innoviti Venture Capital-Backed Bangalore, India
Payoneer Formerly VC-backed New York, NY
EVO Payments Formerly PE-Backed Atlanta, GA
2Checkout Private Equity-Backed Alpharetta, GA
You’re viewing 5 of 17 competitors. Get the full list »

Setu (Financial Software) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Setu (Financial Software) Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Setu (Financial Software) FAQs

  • When was Setu (Financial Software) founded?

    Setu (Financial Software) was founded in 2018.

  • Where is Setu (Financial Software) headquartered?

    Setu (Financial Software) is headquartered in Bengaluru, India.

  • What is the size of Setu (Financial Software)?

    Setu (Financial Software) has 100 total employees.

  • What industry is Setu (Financial Software) in?

    Setu (Financial Software)’s primary industry is Other Financial Services.

  • Is Setu (Financial Software) a private or public company?

    Setu (Financial Software) is a Private company.

  • What is the current valuation of Setu (Financial Software)?

    The current valuation of Setu (Financial Software) is .

  • What is Setu (Financial Software)’s current revenue?

    The current revenue for Setu (Financial Software) is .

  • How much funding has Setu (Financial Software) raised over time?

    Setu (Financial Software) has raised $18.5M.

  • Who are Setu (Financial Software)’s investors?

    Bharat Inclusion Seed Fund, IIMA Ventures, and Lightspeed India Partners have invested in Setu (Financial Software).

  • Who are Setu (Financial Software)’s competitors?

    M2P Fintech, Innoviti, Payoneer, EVO Payments, and 2Checkout are some of the 17 competitors of Setu (Financial Software).

  • When was Setu (Financial Software) acquired?

    Setu (Financial Software) was acquired on 23-Jun-2022.

  • Who acquired Setu (Financial Software)?

    Setu (Financial Software) was acquired by Pine Labs.

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