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# India's payment solution firm PayGlocal raises $12 million in fresh funding
- URL: https://www.techloy.com/indias-payment-solution-firm-payglocal-raises-12-million-in-fresh-funding/
- Published: 2022-06-20T12:33:41.000Z
- Updated: 2022-12-08T01:44:28.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Fintech, Tech in India

[PayGlocal,](https://payglocal.in/) an India-based payment solution startup has raised $12 million in its new funding round led by Tiger Global and Sequoia Capital India. 

- The firm will use the fund to scale its business and launch new payment solutions.
- PayGlocal enables merchants to accept cross-border payments in their chosen currency using card or non-card options.
- With over 100 merchants on its platform, the firm has raised $17 million since it launched in 2021\.
- BeeNext and angel investors including Amrish Rau, Citrus Pay, Jitendra Gupta, and Kunal Shah participated in the round.