Payment orchestration platform Juspay has secured $60 million in its Series D funding round, led by Kedaara Capital, with contributions from existing investors Softbank and Accel.
Founded in 2012, Juspay offers its flagship Hyperswitch platform, which delivers a comprehensive open-source checkout experience. This includes features like 3DS authentication, tokenization, and analytics for enterprise merchants, alongside end-to-end payment acceptance and real-time payment infrastructure for banks.
Based in Bengaluru, India, with offices in San Francisco, São Paulo, Dublin, and Singapore, Juspay processes over 200 million transactions daily, managing a total processed volume exceeding $900 billion annually.
The new funding will be utilized to accelerate global expansion and integrate artificial intelligence into its product offerings.
Sheetal Lalwani, co-founder and COO of Juspay, stated, “As we broaden our global presence and explore the potential of AI, we remain dedicated to creating open-source and interoperable payment systems that reflect the evolving diversity of the payments landscape. We are excited to welcome Kedaara Capital and look forward to leveraging their extensive experience as we move into the next phase of our growth.”