business

Indian FinTech Startup PayZen Secures $150M Series C Funding

Summary

PayZen, an Indian FinTech startup specializing in digital payments, announced it raised $150 million in a Series C funding round led by Sequoia Capital India. The fresh capital val

PayZen, an Indian FinTech startup specializing in digital payments, announced it raised $150 million in a Series C funding round led by Sequoia Capital India. The fresh capital values PayZen at $1.2 billion, officially making it a unicorn. The company plans to expand its services to tier-2 and tier-3 cities and invest in AI-driven fraud detection technology. According to Bloomberg, PayZen’s user base has grown 300% in the past year, driven by rising digital transactions. The startup aims to challenge established players by offering seamless credit and payment options to underserved markets.
1h ago
Indian FinTech Startup PayZen Secures $150M Series C Funding

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