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Mylapay provides cloud-based software for payment processing, fraud prevention, settlement and financial reconciliation.
Founded in 2019, Mylapay is a Chennai-based financial technology company founded by Mohanraj Ravi, Santhanakumar Dhanabalakrishnan and Sundar Balasubramanian. Its products include tools for transaction management, fraud mitigation, settlement, accounting, reconciliation and dispute management. In January 2026, it raised USD 1 million in Series A funding from GrowthCap Ventures, 77 Capital, CDM Capital and Saison Capital.
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