PaySprint

PaySprint

Open banking API platforms

Founded

2020

Headquarters

Delhi (India)

Status

Series A

Company Details

Website

Socials

Email

Phone

011-45508644

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.

Core Products & Services

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.

Unique Value Proposition

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.

Business Model & Revenue Streams

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.

Customer Segmentation

  • 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

Growth Strategy

  • 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.

Key People

Anand Seenivasgan

Deepankar Aggarwal

Anshpreet Kaur

Key Metrics

Total Equity Funding

$3.3 Million

No. of Funding Rounds

2

Latest Funding Round

$3 Million, Series A

as of May 20, 2025

Post Money Valuation

$3.8 Million

as of October 10, 2022

Funding Multiple

1.15

as of October 10, 2022

Investors

Fino Payments Bank

Employee Count

143

Similar Companies

Fi

Exit Details

N/A

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
May 20, 2025Series A$3 Million----
April 12, 2022Seed$330 K$3.8 Million$9.7 Million0.4x Fino Payments Bank

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