Juspay, a global innovator in enterprise and banking payment infrastructure, has raised $60 million in its latest Series D funding round. The round includes a combination of primary and secondary investments and was led by Kedaara Capital. Existing investors SoftBank and Accel also participated, reaffirming their confidence in Juspay’s vision.
This strategic investment will help Juspay accelerate product innovation, scale its global footprint, and deepen its capabilities in delivering secure, scalable, and seamless payment solutions to enterprise clients and financial institutions worldwide.
Juspay has expanded across Asia-Pacific, Latin America, Europe, the UK, and North America, while accelerating the growth of its open-source payment orchestration platform. The platform, Hyperswitch, offers merchants an interoperable, transparent, and modular solution, that ensures full flexibility and control over their payments stack. The company plans to enhance its AI capabilities to drive innovations that improve workforce productivity and merchant experience.
“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.” said Sheetal Lalwani, Co-founder & COO of Juspay. “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.
“We’re excited to partner with Juspay as they revolutionize global payments,” said Nishant Sharma, Founder and Managing Partner at Kedaara Capital. “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 platform for leading enterprises and financial institutions.”
Founded in 2012, Juspay is a global leader in enterprise payment solutions, powering payments for merchants and banks worldwide as their technology service provider (TSP) of choice. Juspay provides full-stack orchestration, checkout experience, 3DS authentication, tokenization, unified analytics, and value-added services for enterprise merchants, as well as end-to-end payments acceptance and real-time payments infrastructure for leading banks. Headquartered in Bengaluru, India, with offices in San Francisco, Sao Paulo, Dublin, and Singapore, Juspay supports market-leading clients across the globe, processing more than 200Mn transactions daily, at 99.999% reliability, with over $900Bn in annual total processed volume.
