India's Juspay sets up office in Singapore
Juspay, an India-based payments orchestration platform, has established an office in Singapore, aiming to cater to the growing digital payments sector in Asia Pacific.
Juspay offers a suite of services to enterprise merchants, including 1-click checkout experiences, full-stack orchestration, 3DS authentication, network tokenisation, reconciliation, offers, fraud solutions, and more.
Additionally, it provides an end-to-end white label new age payment gateway and real-time payments infrastructure for banks.
Juspay currently supports over 500 clients worldwide, handling more than 200 million transactions daily, with an annual total processed volume exceeding $900bn.
The company has nearly 1,200 payment experts spread across India, the US, the UK, Brazil, and now Singapore.
The Bangalore-headquartered firm is backed by investors including SoftBank, Accel, and VEF.
Juspay co-founder & COO Sheetal Lalwani said: "Our expansion into Singapore positions us at the heart of the dynamic Asia Pacific market, where we can work closely with merchants to tackle their unique challenges. We aim to empower them with the reliable, scalable, and highly performant payment infrastructure that has made us a trusted partner for leading enterprises worldwide. This expansion furthers our vision of making digital payments interoperable and accessible for everyone on a global scale."
Juspay APAC & MiddleEast head Nakul Kothari added: 'We intend to scale our team in Singapore and address the challenges being faced by enterprises in managing global payments like optimising transaction costs, improving authorisation rates and enhancing payment experience with local payment methods.'
The expansion is supported by Juspay's alliance with Agoda, a travel booking platform.
Agoda has deployed Juspay's full-stack orchestration and reconciliation service throughout the region.
Earlier in the month, Juspay secured $60m in a Series D funding round, which included both primary and secondary investments.
"India's Juspay sets up office in Singapore " was originally created and published by Electronic Payments International, a GlobalData owned brand.
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