business

Indian Fintech Startup PaySwift Secures $150M Series C, Valued at $1.2B

Summary

PaySwift, an Indian fintech startup specializing in digital payments, announced a $150 million Series C funding round led by Sequoia Capital India on February 19. This latest inves

PaySwift, an Indian fintech startup specializing in digital payments, announced a $150 million Series C funding round led by Sequoia Capital India on February 19. This latest investment pushes the company’s valuation to $1.2 billion, officially making it a unicorn. PaySwift plans to use the funds to expand its services into rural markets and enhance AI-driven fraud detection technology. According to Bloomberg, the startup has doubled its user base in the past year, reflecting growing demand for cashless transactions across India. This funding round underscores investor confidence in the country’s fintech sector amid rapid digital adoption.
1h ago
Indian Fintech Startup PaySwift Secures $150M Series C, Valued at $1.2B

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