Infrastructure behind the payment
The business has expanded from coordinating merchant payments into UPI systems and bank payment infrastructure. Its software is built as modular, interoperable components for enterprises and financial institutions.
Funding alongside shareholder liquidity
The $50 million Series D follow-on includes both primary investment and purchases of existing shares. Early investors and employees receive liquidity through the secondary component; the amount of new capital was not disclosed separately.
Where the funding goes
- Global expansion
- AI capabilities for workforce productivity and merchant experience