In a fintech space crowded with big promises and flashy tokenomics, it’s rare to find a startup with a clear, human-first vision. But PlutoPe, a young crypto neobank founded by Kumar Chetan Tyagi, is doing just that—quietly building for the 99% often left behind in the digital economy.
And now, with a fresh $500K pre-seed funding round led by angel investor Manit Gupta, PlutoPe is ready to take the next leap.
Launched in 2022, PlutoPe is not your average crypto wallet. It’s non-custodial—meaning users, not platforms, control their assets. It’s decentralized—free from the whims of exchanges or legacy rails. And most importantly, it’s designed to feel familiar and frictionless, even if you’ve never touched crypto before.
In a candid chat, founder Kumar Chetan Tyagi explained the motivation behind PlutoPe:
“We’ve met countless people across MENA, LATAM, and India who have smartphones and ambition, but no reliable access to global finance. PlutoPe is built for them—for the digitally curious, not just the crypto elite.”
Their product is a full-stack offering: a secure wallet, multi-chain token swaps, real-time remittances, and a globally accepted debit card—all rolled into one app. But what sets them apart isn’t just tech—it’s intent.
At a time when crypto adoption is surging in regions with limited banking infrastructure, PlutoPe is leaning in. The startup is now preparing to roll out region-specific products like crypto debit cards across MENA, SEA, and LATAM, a new merchant app for crypto acceptance, and even a one-tap on-ramp for Indian users struggling with onboarding barriers.
With 9% month-on-month user growth, 65% active user retention, and over $14.5 million in token swaps already processed, PlutoPe isn’t just ideating—it’s executing.
The team is also setting its sights on deep strategic partnerships—collaborating with stablecoin issuers, Layer-1 blockchain networks, and progressive banking institutions to build infrastructure that’s ready for scale.
In Tyagi’s words:
“We’re not just building a wallet. We’re building digital self-sovereignty for the next billion users.”
PlutoPe’s vision may be global, but its roots are firmly grounded in financial inclusion. And if this early momentum is anything to go by, they might just become one of India’s most significant exports to the future of decentralized finance.
