From Yahoo Finance: 2025-04-08 07:28:00

Indian payments orchestration platform Juspay secures $60m in Series D funding led by Kedaara Capital, with Softbank and Accel participating. Avendus Capital advised on the fundraise. Juspay plans to enhance AI capabilities for better workforce productivity and merchant experience, operating globally with a focus on its open-source payments orchestration platform.

Juspay, founded in 2012, offers a range of services including full-stack orchestration, checkout experience, 3DS authentication, tokenisation, and analytics for enterprise merchants. It processes over 200m transactions daily, managing a total processed volume of $900bn annually. Co-founder Sheetal Lalwani highlights the company’s commitment to building open source and interoperable payment systems.

Despite its success, payment providers Paytm, PhonePe, Razorpay, and Cashfree recently ended their alliance with Juspay. Last month, Juspay launched its open-source modular payments platform, Hyperswitch, in the US, Europe, and the UK. The company remains dedicated to expanding globally and embracing diversity in the payments landscape.

Read more: Indian fintech Juspay secures $60m in Series D funding