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Indian Fintech Startup PayNest Secures $120M Series C to Expand Payments Platform

Summary

PayNest, a Bangalore-based fintech startup, announced a $120 million Series C funding round today led by Sequoia Capital India. The funding will fuel expansion into Southeast Asian

PayNest, a Bangalore-based fintech startup, announced a $120 million Series C funding round today led by Sequoia Capital India. The funding will fuel expansion into Southeast Asian markets and enhance PayNest’s digital payments platform, which serves over 10 million users. Founded in 2019, PayNest has grown rapidly by offering seamless payment solutions for small businesses and consumers. According to TechCrunch, this latest investment values the company at $850 million, bringing it closer to unicorn status as the Indian fintech sector continues to attract global capital.
1h ago
Indian Fintech Startup PayNest Secures $120M Series C to Expand Payments Platform

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