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India's payment solution firm PayGlocal raises $12 million in fresh funding

PayGlocal, 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

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by Oluwajuwonlo Afolabi
India's payment solution firm PayGlocal raises $12 million in fresh funding
Photo by Mika Baumeister / Unsplash

PayGlocal, 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.  
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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