business

Fintech Startup Raises $150M to Disrupt India’s E-Commerce Payments

Summary

On February 19, Bengaluru-based fintech startup PayNXT announced a $150 million Series C funding round led by global investors Sequoia Capital and Tiger Global. The company aims to

On February 19, Bengaluru-based fintech startup PayNXT announced a $150 million Series C funding round led by global investors Sequoia Capital and Tiger Global. The company aims to revolutionize e-commerce payments by integrating AI-driven fraud detection and instant credit facilities for consumers. PayNXT reported a 200% revenue growth in 2025, fueled by partnerships with major online retailers. This funding will accelerate product development and expand its reach across tier 2 and 3 cities. Industry analysts see this as a major disruption in India’s booming e-commerce and fintech sectors, Bloomberg reported.
4d ago
Fintech Startup Raises $150M to Disrupt India’s E-Commerce Payments

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