2020
Delhi (India)
Series A
PaySprint is a next-generation B2B fintech company specializing in API-based infrastructure for banking, payments and verification services. PaySprint has rapidly established itself as a leading player in the financial technology sector, serving a diverse clientele that includes NBFCs, fintechs, enterprises, MSMEs and startups across India.
PaySprint offers a comprehensive suite of over 80 APIs, empowering businesses to streamline financial operations, automate identity verification and enhance compliance. Its flagship products include:
SprintNXT: A business banking switch that automates collections, payouts, reconciliation and provides actionable financial insights.
SprintVerify: An AI-driven identity and document verification engine supporting over 120 APIs for KYC, KYB and fraud detection.
SprintOPN: An open banking API framework for seamless integration with existing financial systems.
SprintEXcrow & SprintEX code: Escrow-as-a-Service solutions for secure, transparent transactions and source code protection.
PaySprint stands out for its unified, plug-and-play API infrastructure, enabling rapid onboarding with minimal documentation and zero manual intervention. Its no-code and low-code solutions allow businesses of all sizes to deploy advanced financial tools without heavy IT investment. The company’s focus on automation, compliance and security ensures robust, scalable and future-ready digital financial operations.
PaySprint operates on a B2B SaaS (Software-as-a-Service) model, monetizing its API infrastructure through:
Subscription Fees: Recurring charges for access to its suite of APIs, tailored to the scale and needs of each client.
Usage-Based Pricing: Fees based on API call volume or transaction counts, allowing clients to pay as they grow.
Implementation & Integration Services: Custom onboarding, integration and support services for enterprise clients.
Value-Added Services: Premium features, advanced analytics and AI-driven compliance tools offered as add-ons.
B2B: NBFCs, fintechs, banks, payment aggregators and digital platforms
Enterprise: Large corporates seeking scalable banking and compliance solutions
MSMEs & Startups: Businesses looking for easy, low-code access to financial APIs
Product Innovation: Continuous expansion of its API stack, with AI-driven verification and business banking tools.
Market Expansion: Penetrating deeper into rural and underserved markets to drive financial inclusion.
Strategic Partnerships: Collaborating with banks, NBFCs and fintech players to broaden reach and enhance offerings.
Talent & Technology Investment: Scaling engineering, product and support teams to deliver robust, reliable solutions.
$3.3 Million
2
$3 Million, Series A
as of May 20, 2025
$3.8 Million
as of October 10, 2022
1.15
as of October 10, 2022
Fino Payments Bank
143
Fi
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
May 20, 2025 | Series A | $3 Million | - | - | - | - |
April 12, 2022 | Seed | $330 K | $3.8 Million | $9.7 Million | 0.4x | Fino Payments Bank |
May 20, 2025
December 20, 2024
April 18, 2023