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Indian Fintech Startup PayNest Secures $120M Series C Funding

Summary

Indian fintech startup PayNest announced today it has raised $120 million in a Series C funding round led by global investors Sequoia Capital and Tiger Global. The new capital will

Indian fintech startup PayNest announced today it has raised $120 million in a Series C funding round led by global investors Sequoia Capital and Tiger Global. The new capital will accelerate product development and expand PayNest’s digital payments platform across Asia. Founded in 2020, PayNest now serves over 10 million users and recently achieved unicorn status with a valuation exceeding $1 billion, according to Bloomberg. The startup’s innovative solutions in credit and payments have attracted significant investor interest amid growing demand for digital financial services in India.
2h ago
Indian Fintech Startup PayNest Secures $120M Series C Funding

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