Snapmint Raises US $125 Mn To Expand Its Merchant Network

BNPL startup Snapmint secured $125 million to expand its merchant ecosystem and enhance technology infrastructure. The funding, led by global investors, supports merchant acquisition across tier-2 and tier-3 cities. The article discusses India’s growing BNPL landscape, merchant-centric payment models, and competitive pressure from ZestMoney and Ola Financial. It highlights RBI’s tightening regulatory environment, focusing on credit exposure, consumer protection, and data transparency. The investment validates investor confidence in embedded-finance startups despite compliance headwinds.