SaaS-based B2B fintech firm Perfios has introduced a fresh Employee Stock Option Plan (ESOP) designed to enhance employee participation in the company’s success.
The initiative, titled “Perfios Employee Stock Option Plan 2025-A,” has been approved by the company’s board and is set to distribute 2,05,764 stock options among its employees, as revealed in recent regulatory filings.
The latest ESOP plan is estimated to be worth approximately Rs 645 crore ($76 million) and features a four-year vesting period, ensuring long-term benefits for participating employees. This move reflects Perfios’ commitment to incentivizing and retaining top talent as it continues its growth trajectory in the fintech industry.
Perfios has been making significant strides in the financial technology space. According to data from TheKredible, the company has secured Rs 3,644 crore through various funding rounds. A major boost came in March 2024, when Kedaara Capital invested Rs 662 crore ($80 million), pushing Perfios’ valuation beyond the $1 billion mark and solidifying its status as India’s second unicorn of the year.
The fintech giant has also been actively expanding through strategic acquisitions. In a recent move, it acquired fraud detection platform CustomerXPS, further strengthening its capabilities in risk management. Additionally, in March 2022, Perfios acquired Karza Technologies for Rs 600 crore, reinforcing its presence in the fintech ecosystem.
Perfios provides crucial services such as revenue analysis, fraud detection, verification, and automated customer onboarding. Its solutions cater to multiple financial sectors, including consumer lending, SME financing, and wealth management. With operations spanning 18 countries and over 1,200 institutions leveraging its technology, Perfios continues to be a key player in the fintech industry.
Financially, Perfios has exhibited robust growth, with revenue surging by 37% year-over-year to Rs 558 crore in FY24 from Rs 407 crore in FY23. The company’s profitability has also seen a remarkable improvement, with net profits jumping 9.2 times to Rs 72 crore in the latest fiscal year.
The launch of this new ESOP plan highlights Perfios’ commitment to its employees while reinforcing its position as a dominant force in the fintech space. With strong financial performance, strategic acquisitions, and continued global expansion, Perfios is well-positioned for sustained growth in the coming years