Juspay Secures $60 Million in Series D Funding, Accelerates Global Expansion

Juspay, a Bengaluru-based payments infrastructure provider, has successfully raised $60 million in its Series D funding round. This investment, led by Kedaara Capital with participation from existing backers SoftBank and Accel, comes shortly after the company open-sourced its innovative routing layer, Hyperswitch. The funding underscores Juspay's commitment to revolutionizing the payments ecosystem and scaling its global presence.

Key Highlights:
- The funding round includes a mix of primary and secondary investments, reflecting strong investor confidence in Juspay's vision and capabilities.
- Juspay plans to utilize the funds to enhance its artificial intelligence capabilities, aiming to improve workforce productivity and elevate the merchant experience.
- The company continues to expand its global footprint, with operations now spanning Asia-Pacific, Latin America, Europe, the UK, and North America.
- Juspay's open-source payments orchestration platform, Hyperswitch, empowers merchants with greater flexibility and transparency in managing their payments stack.
- The company processes over 200 million transactions daily, with an annual processed volume exceeding $900 billion, showcasing its robust infrastructure and market leadership.

Sources: The Hindu Business Line, Moneycontrol, Juspay Official Reports.