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Indian Fintech Startup PayZen Raises $150M Series C, Achieves Unicorn Status

Summary

PayZen, a Bengaluru-based fintech startup specializing in digital payments, announced a $150 million Series C funding round today, valuing the company at $1.2 billion and officiall

PayZen, a Bengaluru-based fintech startup specializing in digital payments, announced a $150 million Series C funding round today, valuing the company at $1.2 billion and officially making it a unicorn. Led by Sequoia Capital India, the round also included participation from Tiger Global and Accel. PayZen plans to use the funds to expand its AI-driven credit services and enter Southeast Asian markets. According to TechCrunch, the startup has doubled its user base to 10 million in the past year and processed over $3 billion in transactions. CEO Ananya Rao stated the investment will accelerate innovation and financial inclusion across emerging markets.
2h ago
Indian Fintech Startup PayZen Raises $150M Series C, Achieves Unicorn Status

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