VC Fund Investments
Cross-border payments enabler PayGlocal raises $12-M from Tiger Global, Sequoia
Bengaluru-based payment solutions startup PayGlocal has raised USD 12 million in a funding round co-led by Tiger Global and Sequoia Capital India. BeeNext and angel investors such as Pine Labs CEO Amrish Rau, Citrus Pay and Jupiter founder Jitendra Gupta, and Cred's founder Kunal Shah also participated in the round. The firm will use the funds raised to scale and launch new payment solutions. PayGlocal enables merchants to accept cross-border payments in a currency of their choice, using their cards or non-card payment options.
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