Juspay, a Bengaluru-based fintech company, raised $60 million in a Series D funding round led by Kedaara Capital. The company provides payment infrastructure for enterprises and banks, serving more than 500 customers across the globe.
Juspay’s product suite equips enterprise merchants with tools for full-stack orchestration, improved checkout experiences, 3D Secure authentication, tokenization, analytics and infrastructure for end-to-end payments acceptance and real-time payments. Its modular solution is designed to be flexible and help companies exert control over their payments stack.
The new capital will help Juspay grow its open-source payments orchestration platform. The company will invest in enhancing its AI capabilities, allowing it to build modern solutions that improve workforce productivity and the merchant experience.