MyPoolin was an Indian financial technology start-up that operated a peer-to-peer payments and money pooling platform. The service allowed users to collect money from groups of people for shared expenses such as travel, gifts, rent, events and bill splitting. It was among the early consumer-facing social payments products to emerge in India before the wider adoption of the Unified Payments Interface (UPI).
| Name | MyPoolin |
|---|---|
| Industry | Financial technology |
| Sector | Digital payments, social payments |
| Country | India |
| Type | Private company (start-up) |
MyPoolin positioned itself in the social payments segment, focusing on situations where multiple individuals needed to contribute toward a common expense. Instead of one person bearing the cost and chasing reimbursements, the platform enabled the organiser to create a pool, share a link with participants, and receive contributions digitally. The product targeted use cases that were common among urban Indian consumers, particularly young professionals and college students, including group gifts, shared holidays, flat rentals and event tickets.
The platform's core functionality centred on group collection of payments. Typical features associated with the service included:
MyPoolin is notable as part of the first wave of Indian consumer fintech start-ups that explored use cases beyond merchant payments and wallet top-ups. By focusing on group and social payments, it contributed to the broader experimentation in India's digital payments ecosystem during the period leading up to and following the rollout of UPI by the National Payments Corporation of India in 2016. Products in this category helped familiarise Indian users with sending money digitally to peers rather than only to businesses.