Delhi-based B2B fintech startup PaySprint has announced its plans to raise $3 million (approximately INR 25.7 crore) in its ongoing Series A funding round. The capital is being raised from a consortium of undisclosed family offices and high-net-worth individuals (HNIs), showcasing growing investor confidence in the startup’s innovative fintech infrastructure offerings.
As part of this round, PaySprint has already secured $1.2 million in its first tranche. The remaining amount is expected to be raised in the coming months. The fresh infusion of funds will be strategically deployed to strengthen the startup’s product portfolio, enhance AI-powered capabilities in onboarding and fraud detection, automate key workflows, and support talent acquisition across critical functions.
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Driving Fintech Innovation Through API Infrastructure
Founded in 2020 by fintech entrepreneur Anand, PaySprint provides a robust API infrastructure that enables financial institutions, neobanks, and fintech platforms to deliver a range of digital financial services. These include seamless payments, banking-as-a-service (BaaS), identity verification, and more.
By offering plug-and-play APIs, PaySprint is streamlining financial integrations and reducing time-to-market for its B2B clients. The startup’s platform is designed for scale and reliability, ensuring high uptime and security—a key requirement for modern fintech applications.
PaySprint’s core mission is to democratize access to financial infrastructure and enable startups and traditional institutions to launch innovative services quickly and efficiently.
Capital Deployment: AI, Automation, and Talent
The $3 million Series A round will be pivotal in fueling PaySprint’s next phase of growth. A significant portion of the funds will be used to bolster the company’s AI capabilities. The startup aims to implement cutting-edge AI solutions for customer onboarding, real-time fraud detection, and risk mitigation—enhancing security and compliance across its services.
In addition, PaySprint is investing in workflow automation to improve operational efficiency for both its internal teams and external clients. The startup also plans to expand its workforce by hiring top talent in technology, compliance, and customer support to meet rising demand and support its growth trajectory.
Strong Growth Amid Rising Digital Adoption
PaySprint has witnessed robust growth since its inception, driven by the rapid adoption of digital financial services in India. With businesses increasingly relying on embedded finance solutions, the demand for scalable API-based fintech infrastructure is surging.
Anand, founder of PaySprint, commented, “This funding milestone marks a significant step in our journey to redefine how financial services are delivered. We are committed to building smarter, faster, and more secure fintech infrastructure for the next generation of digital finance.”
The Road Ahead
As PaySprint continues to innovate in the B2B fintech space, the new funding will empower the startup to accelerate its roadmap and broaden its customer base across India and beyond. The focus on AI, automation, and strong talent acquisition reflects PaySprint’s long-term vision of becoming a cornerstone in the digital financial services ecosystem.
With a scalable platform and a strong leadership team, PaySprint is well-positioned to become a key enabler in the digital transformation of banking and financial services.
Tags: PaySprint, B2B Fintech, Series A Funding, API Infrastructure, Digital Banking, AI in Fintech, Fraud Detection, Fintech Startups India, Embedded Finance, Financial APIs
