About

ScanPay is a payments app that helps small and medium businesses (especially home-service professionals) accept tap-to-pay and QR/link payments and send invoices using just a smartphone, without a card terminal. Founded in April 2021 by Venkat Paruchuri (formerly Chief Product Officer at Pine Labs), it is part of Peak XV's Surge program and initially focuses on the US market. It is backed by Leo Capital, Peak XV/Surge, Global Founders Capital, and Riverside Ventures.

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Why Fintech

From cross-border payments and account-to-account rails to embedded insurance and wealth tooling, we back the companies rebuilding financial infrastructure across emerging and developed markets.