Mswipe eyes Rs 450 crore revenue by FY26, plans global expansion

Mumbai-based fintech firm Mswipe is aiming for ₹450 crore in revenue by FY26, a 40% increase from its ₹276.9 crore revenue in FY24. The payments-focused company turned profitable in FY24, reporting a cash profit of ₹4.5 crore.

“We cut down on loss-making businesses like our NBFC and focused on payments, which helped us achieve 100% growth and profitability in FY24,” said Ketan Patel, co-founder and CEO of Mswipe.