Juspay, a global payments infrastructure company, has raised $60 million in Series D funding through a mix of new and existing investments. The round was led by Kedaara Capital, with support from Softbank and Accel.
The company has expanded into regions like Asia-Pacific, Latin America, Europe, the UK, and North America. Its open-source payment platform continues to grow helping businesses manage payments more easily and with greater control.
Juspay also plans to boost its AI capabilities to improve team efficiency and enhance the experience for its customers.
Sheetal Lalwani, Co-founder & COO of Juspay 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”,.
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Nishant Sharma, Founder and Managing Partner at Kedaara Capital said, “We are thrilled to partner with Juspay as they revolutionize global payments.Their strong tech foundation, open-source approach and visionary leadership make them a standout. We look forward to supporting Vimal, Sheetal and the team as they scale a resilient, future-ready payments platform for leading enterprises and financial institutions.”
Kshama Jain, Director and Rahul Mehta, Director and Co-Leads, Financial Services at Kedaara Capital added : “We are proud to partner with Juspay, whose relentless innovation, product depth, and global ambition position them as a category-defining player in the payments space.”
Founded in 2012, Juspay is a global payment solutions company that helps businesses and banks manage their payments. It offers tools for checkout, payment processing, security, data analysis and more making it a trusted technology partner for enterprises around the world.
About Juspay
Juspay is a global payments technology company that works with over 500 major businesses, banks, and card networks. It offers a wide range of tools for merchants, including open-source payment systems, payouts, secure authentication, fraud prevention, tokenization and data analytics. Headquartered in Bengaluru, India, Juspay also has offices in other countries.
