B2B fintech co. PaySprint to raise $3-M
Delhi-based B2B (business-to-business) fintech startup PaySprint is to raise USD 3 million (around INR 25.7 crore) in its Series A funding round from a clutch of family offices and high-net-worth individuals (HNIs). Of the sum to be raised, the company has already received USD 1.2 million in its first tranche.The fresh capital will be used to boost its product portfolio, expand AI capabilities for onboarding, for fraud detection, workflow automation and talent acquisition.Founded in 2020 by S Anand, PaySprint offers APIs infrastructure which helps financial institutions and fintech businesses with financial services, including payments, banking and identity verification.
In Oct 2022, PaySprint had attracted funding from Fino Payments.
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