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Indian Fintech Startup Secures $150M Series C to Expand Nationwide

Summary

On February 19, 2026, Mumbai-based fintech startup PayWave announced a $150 million Series C funding round led by global investors Sequoia Capital and Tiger Global, according to Bl

On February 19, 2026, Mumbai-based fintech startup PayWave announced a $150 million Series C funding round led by global investors Sequoia Capital and Tiger Global, according to Bloomberg. The funding will accelerate PayWave’s expansion across India’s tier-2 and tier-3 cities, aiming to onboard 20 million new users by 2027. The startup specializes in digital payments and microloans, capitalizing on India’s growing mobile economy. PayWave’s valuation now stands at $1.2 billion, officially making it a unicorn. The company plans to launch new AI-driven credit scoring tools later this year.
1d ago
Indian Fintech Startup Secures $150M Series C to Expand Nationwide

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