Perfios, a B2B fintech company that is based on software as a service offered a new employee stock option plan called "Perfios Employee Stock Option Plan 2025-A"

According to regulatory papers obtained from the Registrar of Companies, the Perfios ESOP Plan 2025, which will include 2,05,764 employee stock options, has been approved by the board of Perfios.

Each ESOP option will have a four-year vesting term and be converted into equity shares. The recently introduced ESOP plan is estimated by Fintrackr to be worth around 645 crore, or $76 million.

Perfios has raised a total of 3,644 crore through many fundraising rounds, including 662 crore ($80 million) from Kedaara Capital in March 2024, according to startup data intelligence portal TheKredible. With this investment, Perfios' valuation surpassed $1 billion, making it the second unicorn in India in 2024.

In an unannounced transaction last month, the company purchased the fraud detection platform CustomerXPS. In March 2022, it paid 600 crore to acquire the fintech startup Karza Technologies.

Perfios offers financial institutions across a range of verticals, such as wealth management, SME lending, and consumer lending, automated customer onboarding, fraud checks, and revenue analysis. According to the company, it has operations in 18 countries and has provided its services to more than 1,200 institutions.

With revenue increasing 37% year over year to 558 crore in FY24 from 407 crore in FY23, Perfios has shown impressive financial development. In FY24, the company's profits also increased 9.2X to 72 crore.