New Delhi, 16th June, 2025: PlutoPe, a fintech startup offering non-custodial crypto wallet, has successfully raised half a million dollars in a pre-seed funding round led by an Indian investor Manit Gupta, a family co-promoter and director of an IPO company worth $500 million. This strategic funding will fuel PlutoPe’s next phase of growth, aimed at expanding its global user base, deepening its presence in emerging and under-connected markets, and accelerating the delivery of seamless, user-first crypto financial tools.
Founded in 2022, by Kumar Chetan Tyagi, PlutoPe will use capital to scale its marketing efforts and deepen user acquisition by tapping into global crypto communities, creators, and influencers. The company will also focus on building strategic partnerships with stablecoin issuers, Layer-1 blockchain networks, and forward-thinking banking institutions. The team is expanding across engineering and marketing functions to capture a rapidly emerging user base, unlocking a first-mover advantage in the race to define decentralized consumer finance.
The platform empowers individuals to access the digital economy by removing barriers like limited infrastructure, low digital literacy, and complex onboarding. Its decentralized, user-first approach promotes direct asset ownership and financial access for those often left out of traditional systems. Backed by 9% month-on-month user growth, 65% active user retention, and over $14.5 million in swaps processed, PlutoPe’s steady real-world traction played a key role in driving investor confidence and securing this raise.
Kumar Chetan Tyagi, founder and CEO of PlutoPe, said, “We believe financial empowerment should not depend on your location, socioeconomic status, or the quality of your internet connection. In a world where billions still lack access to basic financial services, our platform is purpose-built to break those barriers. Whether someone is in a remote village with limited connectivity or in an urban area seeking full control of their digital assets, PlutoPe ensures they can securely and independently manage their finances. We’re building for a future where financial inclusion is not a privilege, but a universal right accessible to anyone, anywhere.”
Continuing this vision, Manit Gupta, Investor, said, “PlutoPe signals the next meaningful leap in finance—purpose-built for a world that demands borderless, user-owned access to money. What impressed me most was the team’s clarity and speed. They’re not just building products, they’re reshaping infrastructure for billions underserved by traditional systems. Backing PlutoPe is not just a vote of confidence in their mission, but in the kind of future they’re making inevitable.”
This funding comes at a time when decentralized finance is gaining global traction, with rising demand for secure, user-owned alternatives to traditional banking. PlutoPe is leveraging this shift by accelerating product development and building strategic alliances—positioning itself to serve the next generation of Web3 users with real-world financial utility. With increasing regulatory clarity, mainstream awareness, and stablecoin adoption, the company is well-placed to turn complex crypto infrastructure into everyday financial experiences.
Looking ahead, PlutoPe is set to become the go-to crypto neo-bank for the next generation of users and businesses, beginning with Asia and expanding to LATAM and MENA over the next 24 months. Poised to become the default financial OS for Web3 users, PlutoPe is unifying wallet, swap, and card infrastructure into a decentralized stack designed for global scale—without dependencies on exchanges or legacy rails. With a clear roadmap and strong execution, the company is targeting a leap in transaction volume from $80 million to $2.5 billion. Upcoming launches include crypto debit cards across MENA, SEA, and LATAM, a merchant app for seamless crypto acceptance, and a 1-tap on-ramp for Indian users. As decentralized finance moves from niche to necessity, PlutoPe is carving out a category-defining position, drawing interest from stakeholders aligned with long-term disruption and real-world utility.