Latest news with #Juspay
Finextra
21-05-2025
- Business
- Finextra
Juspay opens Brazil hub
Juspay, a global leader in next-generation payment solutions for enterprises and banks, has announced the opening of a new office in Brazil. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This marks a significant milestone in the company's international expansion, since it is the first official effort to acquire a solid customer base in the country as well as in Latin America. Headquartered in 'India's Silicon Valley' of Bangalore, Juspay provides services like 1-click checkout experiences, full-stack orchestration, 3DS authentication, network tokenization, reconciliation, offers, fraud solutions, and much more for enterprises, and end-to-end white label new age payment gateway & real-time payments infrastructure for banks. Juspay was instrumental in building and scaling India's local PiX – called UPI (Unified Payments Interface) – to over 200 million transactions a day with 99.999% reliability. Now, the company brings their real-time payments expertise to Brazil, with cutting-edge PiX 2.0 experiences like Pix Biometrico, Pix Automático, and Pix by Proximity. Juspay will also extend their Open Source Payments Orchestration platform (Hyperswitch) for merchants who want to self-host, build & augment their own payments infrastructure. The company currently processes more than over $670 billion in annual total processed volume globally. Juspay is backed by top-tier investors such as SoftBank, Accel, and VEF, and serves 500+ global market leaders like Amazon, Google Pay, Flowbird, Zurich Insurance Group, IndiGo, Flipkart, Swiggy, Urban Company, and more. Sheetal Lalwani, Juspay's COO and Co-founder, highlighted the importance of Brazil for the company and the strategy behind the move. 'We are very excited to establish our presence in Latin America, starting with Brazil. Our expansion comes at a pivotal moment in Brazil's digital payments landscape, which is experiencing tremendous innovation and diversification. We intend to scale our team in the country to help companies manage global payments and deliver industry-first solutions like 1-click PiX (PiX Biometrico), drawing from our experience of building similar seamless payment experiences worldwide.' The new Brazil office will strengthen Juspay's global network of 1200+ payment experts operating out of India, USA, UK, Singapore, and Dubai. Shakthidhar Bhaskar, Director of LATAM Expansion added that 'Brazil is at the forefront of a payments revolution, with PiX, digital wallets, and embedded finance reshaping how consumers and businesses transact. As we expand into this dynamic market, we aim to empower merchants with world-class infrastructure and enterprise-grade performance & reliability that simplifies complexity—optimizing approval rates, reducing costs, and unlocking new experiences through deeply integrated, seamless payment flows.
Time of India
25-04-2025
- Business
- Time of India
ETtech Deals Digest: Startups raise $848 million in April so far; down 27% on-year
Startups raised around $848.3 million in funding between April 1 and 25, marking a 27.2% decline compared to the same period last year, when they secured $1.1 billion across 116 rounds in April 2024. #Pahalgam Terrorist Attack India pulled the plug on IWT when Pakistanis are fighting over water What makes this India-Pakistan standoff more dangerous than past ones The problem of Pakistan couldn't have come at a worse time for D-St This month, startups, mainly in the early and late stages, raised funds across 86 rounds, compared to 116 rounds in the year-ago period, according to market intelligence platform Tracxn . Also, startups had secured about $1.9 billion from 82 rounds in March 2025. Last week, from April 19 to 25, startups collectively secured around $76 million in funding. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now ETtech Top deals of the month GreenLine: Essar Group venture GreenLine Mobility Solutions announced raising $275 million via equity issuance to scale its green logistics business focused on liquefied natural gas (LNG) and electric trucks. Live Events Juspay: Payment aggregator Juspay closed a $60 million financing round led by domestic private equity fund Kedaara Capital, with existing investors SoftBank and Accel participating. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Tessell: Cloud database startup Tessell raised $60 million in its Series B funding round led by WestBridge Capital with participation from Lightspeed Venture Partners, among others . Scapia: Travel-focussed fintech startup Scapia, founded by former Flipkart senior executive Anil Goteti, raised $40 million in a funding round led by Peak XV Partners, with existing investors Elevation Capital, Z47, and 3State Capital participating. Infinity Fincorp: Mumbai-based non-banking finance company (NBFC) Infinity Fincorp raised $40 million in an extended Series A funding round led by Beams Fintech Fund. ETtech
Yahoo
24-04-2025
- Business
- Yahoo
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. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
&w=3840&q=100)
Business Standard
22-04-2025
- Business
- Business Standard
Juspay establishes an entity in Singapore as part of APAC expansion
Payments infrastructure platform Juspay on Tuesday established an entity in Singapore as part of its expansion in the Asia Pacific region. The Bengaluru-based company partnered with digital travel platform Agoda to implement its full-stack orchestration and reconciliation service across the region. Juspay has a presence across markets such as India, United States of America (US), United Kingdom (UK), Brazil and Singapore. It has teams spanning 1,200 members across these regions. '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,' said Sheetal Lalwani, co-founder and chief operating officer (COO), Juspay. The company plans to expand its Singapore team while adding more enterprise merchants in the region. '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,' said Nakul Kothari, head of APAC and Middle East, Juspay. Juspay serves more than 500 merchants globally, processing more than 200 million transactions daily with over $900 billion in annual total processed value. It secured $60 million as part of its Series D funding round through a combination of primary and secondary investments.
Yahoo
08-04-2025
- Business
- Yahoo
Indian fintech Juspay secures $60m in Series D funding
Indian payments orchestration platform Juspay has raised $60m in its Series D funding round, through primary and secondary investments. The round was led by Kedaara Capital, with existing investors Softbank and Accel also participating. Avendus Capital was the exclusive financial advisor to Juspay for the fundraise. Juspay aims to further develop its artificial intelligence capabilities to enhance workforce productivity and the merchant experience. The company has been strengthening its presence worldwide and now operates across the Asia-Pacific, Latin America, Europe, the UK, and North America. Juspay's open-source payments orchestration platform is at the core of its growth strategy, designed to provide merchants with a modular and interoperable solution that enhances control over their payments stack. Since its inception in 2012, the company has become the technology service provider of choice for merchants and banks worldwide. Juspay offers a suite of services including full-stack orchestration, checkout experience, 3DS authentication, tokenisation, unified analytics, and value-added services for enterprise merchants. It also provides payments acceptance and real-time payments infrastructure for banks. The company currently processing over 200m transactions daily and managing an annual total processed volume of over $900bn, the release sated. Juspay co-founder & COO Sheetal Lalwani said: 'For the past decade, Juspay's mission has been to create long term value across the payments ecosystem—supporting merchants, banks, networks, and, by extension, the billions of users they serve. 'Today, as we expand our global footprint and push the boundaries of AI, we remain committed to building truly open source and interoperable payment systems that embrace the growing diversity in the payments landscape. We welcome Kedaara Capital, we could significantly benefit from their rich experience as we build towards the next phase of our growth', he added. However, payment providers Paytm, PhonePe, Razorpay, and Cashfree scrapped their alliance with Juspay over the past few months. Meanwhile, last month, Juspay launched the open-source modular payments platform, Hyperswitch, in the US, Europe and the UK. "Indian fintech Juspay secures $60m in Series D funding " was originally created and published by Electronic Payments International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
