HSG

HSG, formerly known as Sequoia Capital China, is a global venture capital and private equity firm, managing over USD 55 billion across various funds. Established in 2005, HSG invests in technology, healthcare, and consumer sectors, with a focus on seed, venture, growth, buyout, and infrastructure stages. The firm has backed over 1,500 companies, with more than 160 listed on public exchanges and over 140 achieving unicorn status. HSG operates globally, with offices in Hong Kong, Shanghai, Beijing, Shenzhen, London, Tokyo, and Singapore, providing extensive resources and industry expertise to its portfolio companies.

Rohit Agarwal

Managing Director

Mohit Bhatnagar

Managing Director

Wang Chenyu

Vice President

Sakshi Chopra

Managing Director

Raghavv Garg

Analyst

Pushpak Kedia

Vice President

Sunint Khurana

Analyst

Ishaan Mittal

Managing Director

Saksham Mittal

Analyst

Abhishek Mohan

Principal

Javier Ng

Associate

Enita Pu

Partner

Wendy Qian

Analyst

Haim Sadger

Partner

Yoav Shaked

Partner

Johan Surani

Vice President

Vedant Trivedi

Associate

Aradhita Tuli

Investment Analyst

Pavel Vyhnalek

Operating Partner

Fu Xin

Partner

Past deals in Payments

RedotPay

Series A in 2025
RedotPay is a technology company that focuses on blockchain-based payment solutions. It develops digital asset payment infrastructure, enabling users and businesses to transact using cryptocurrencies. The company's products facilitate spending and transferring of digital assets, providing unbanked populations and crypto users with fast, cost-efficient financial services.

Partior

Series B in 2024
Partior is a technology company that develops a blockchain platform aimed at improving cross-border payments and settlements for financial institutions. By leveraging blockchain and distributed ledger technology, Partior seeks to enhance the efficiency, reliability, and security of digital payments. The platform facilitates real-time, multi-currency transactions, thereby increasing transparency and speed while minimizing operational inefficiencies. By eliminating the need for manual reconciliation and the pre-funding of nostro accounts, Partior enables financial institutions to unlock capital and streamline their payment processes, ultimately transforming the landscape of international trade and foreign exchange settlements.

Triple-

Series A in 2023
Triple-A is a digital currency payment institution that facilitates seamless transactions for businesses in both traditional and digital currencies without the risks associated with volatility. The company provides a comprehensive payment platform that includes services such as cryptocurrency payments, payouts, and remittances, allowing businesses to integrate these solutions effortlessly through API or no-code options. Licensed by the Monetary Authority of Singapore and also recognized in the EU and the United States, Triple-A adheres to rigorous security and compliance standards. Trusted by over 20,000 businesses globally, Triple-A enables companies to enhance their payment capabilities and attract new customers through its white-label solutions, fostering growth in an increasingly digital economy.

SUNRATE

Series D in 2023
SUNRATE is a global payment and treasury management platform established in 2016, headquartered in Singapore with additional offices in Hong Kong, Jakarta, London, and Shanghai. The company provides a comprehensive solution for businesses to operate and scale internationally across over 190 countries and regions. SUNRATE's platform offers services such as international payments, virtual corporate cards, global collections, and treasury management, facilitating smooth commercial transactions and enhancing international trade. By leveraging its proprietary technology and extensive global network, SUNRATE partners with leading financial institutions like Citibank and Standard Chartered, and holds principal memberships with both Mastercard and Visa, positioning itself as a key player in the financial technology sector.

Tabby

Series C in 2023
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

Airwallex

Series E in 2022
Airwallex is a global payments and financial platform that aims to streamline international transactions for businesses by eliminating the complexities and costs associated with traditional financial systems. The company offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By leveraging an ecosystem of application programming interfaces, automation, and local payment networks, Airwallex enables clients to issue and pay invoices in their preferred currencies at mid-market foreign exchange rates. The platform is designed to support entrepreneurs and businesses in achieving their global objectives by providing seamless access to financial tools and opportunities worldwide.

PayGlocal

Series B in 2022
PayGlocal, founded in 2021 by Yogesh Lokhande in Bangalore, Karnataka, specializes in global payment processing. Its AI-ML-based risk engine facilitates secure, low-risk transactions, offering businesses end-to-end payment solutions with recurring payments and standing instructions. The platform ensures cost-effective outcomes while maintaining enterprise-grade security, providing a seamless transaction experience across multiple layers and feeds.

Nume Crypto

Pre Seed Round in 2022
Nume Crypto specializes in facilitating cryptocurrency transactions for both individual users and businesses globally. Its online payment system leverages blockchain technology and operates on the Ethereum network, aiming to promote financial inclusivity by offering efficient and cost-effective crypto payment processing solutions.

Afriex

Series A in 2022
Afriex Inc. is a mobile payment application developer based in Oakland, California, specializing in overseas money transfer services. Founded in 2019, the company offers a digital wallet application that allows users to send and receive money globally, utilizing stablecoins to ensure fast and cost-effective remittance solutions. Afriex supports transactions to over 30 countries, enabling users to make payments and manage their finances more efficiently at current exchange rates, while also providing various withdrawal options to enhance the user experience.

Swoosh Transfer

Angel Round in 2022
Swoosh Transfer is a fintech company. They provide the ability to upgrade technical capabilities such as blockchain and AI risk control. It also offers secure global payment services.

Tabby

Series B in 2022
Tabby Inc. is a financial technology company based in the United Arab Emirates that offers innovative payment solutions for online and offline shopping. The company specializes in a buy now, pay later service, providing consumers in the UAE and Saudi Arabia with flexible payment options. Customers can choose to pay for their purchases either in a single deferred payment or in multiple installments, allowing them to manage their spending and enhance their shopping experience. Through its platform, Tabby aims to reshape the relationship between consumers and money, promoting financial freedom and responsible spending.

IIMMPACT

Seed Round in 2022
IIMMPACT Sdn Bhd, established in 2017 and headquartered in Kuala Lumpur, Malaysia, specializes in developing and operating the IIMMPACT platform. This platform offers payment and data aggregation services for businesses, enabling them to facilitate various transactions such as mobile recharge, bill payments, government services, insurance, transportation, and more through a single access point. The company's turnkey solution allows businesses of any size to launch digital payment products with minimal effort, utilizing an elegant API that supports over 170 billers and offers features like bill management for recurring payments and financial consolidation.

ScanPay

Seed Round in 2022
ScanPay is used to accept payments from customers using a smartphone. They allow their users to collect digital payments, get payouts instantly, and create professional invoices. They offer multiple payment options to customers to accept payments without a card reader.

Razorpay

Series F in 2021
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive product suite that supports various payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets. Razorpay offers APIs and integrations that facilitate the management of online transactions, automate electronic funds transfers, and enable real-time payment processing. The platform also allows businesses to collect recurring payments and share invoices with customers, providing a secure and efficient solution for financial transactions.

Flip

Series B in 2021
PT. FLIP is a financial technology company based in Depok, Indonesia, founded in 2015. It operates an online platform that facilitates secure interbank fund transfers without any transaction fees. The application is designed to provide users with an efficient and seamless experience for various money transactions, allowing them to save on costs typically associated with interbank transfers. By focusing on innovative solutions, PT. FLIP aims to offer fair financial services that are accessible to a broad audience, enhancing the overall user experience in digital money transfer.

PayGlocal

Series A in 2021
PayGlocal, founded in 2021 by Yogesh Lokhande in Bangalore, Karnataka, specializes in global payment processing. Its AI-ML-based risk engine facilitates secure, low-risk transactions, offering businesses end-to-end payment solutions with recurring payments and standing instructions. The platform ensures cost-effective outcomes while maintaining enterprise-grade security, providing a seamless transaction experience across multiple layers and feeds.

Airwallex

Series E in 2021
Airwallex is a global payments and financial platform that aims to streamline international transactions for businesses by eliminating the complexities and costs associated with traditional financial systems. The company offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By leveraging an ecosystem of application programming interfaces, automation, and local payment networks, Airwallex enables clients to issue and pay invoices in their preferred currencies at mid-market foreign exchange rates. The platform is designed to support entrepreneurs and businesses in achieving their global objectives by providing seamless access to financial tools and opportunities worldwide.

Airwallex

Series E in 2021
Airwallex is a global payments and financial platform that aims to streamline international transactions for businesses by eliminating the complexities and costs associated with traditional financial systems. The company offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By leveraging an ecosystem of application programming interfaces, automation, and local payment networks, Airwallex enables clients to issue and pay invoices in their preferred currencies at mid-market foreign exchange rates. The platform is designed to support entrepreneurs and businesses in achieving their global objectives by providing seamless access to financial tools and opportunities worldwide.

FloBiz

Series B in 2021
FloBiz is a pioneering neo-business platform in India, specifically designed to support small and medium enterprises. Its flagship product, FloBooks, is a mobile billing and inventory management application that caters to the needs of business owners, providing functionalities that facilitate both online and offline operations. The app enables users to create invoices, manage outstanding payments, and monitor stock levels seamlessly. Key features include payment reminders, sales and purchase reports, a greetings module, and a web version, making it a versatile tool for business management. By offering these digital solutions, FloBiz aims to empower micro, small, and medium enterprises to enhance their operational efficiency and drive growth.

KhataBook

Series C in 2021
KhataBook is a leading SaaS company in India that offers a smartphone-based ledger application designed to assist micro, small, and medium businesses in managing their financial transactions. The application enables users to securely track business and personal credits, automatically sends payment reminders to customers, and facilitates online payment collection via UPI and QR codes. With its user-friendly interface available in over 11 languages, KhataBook has garnered a significant user base, boasting more than 20 million registered users. The company's innovative solutions have made a notable impact on India's business landscape, earning it recognition as the "Best Innovative Mobile App" at the India Digital Awards in 2020.

OPay

Series C in 2021
OPay is a mobile payment service and consumer platform based in Nigeria that facilitates financial transactions for its users. It enables individuals to send and receive money, pay bills, and order food and groceries through a user-friendly interface. The platform is designed to provide secure and affordable financial services, allowing users to manage their finances with ease. With millions of users relying on OPay daily, the company creates a comprehensive ecosystem that integrates payment solutions with essential services such as transportation and delivery. By offering a streamlined experience and various incentives, OPay empowers users to take control of their financial activities efficiently.

Chime

Series G in 2021
Chime is a mobile banking and finance platform that offers users convenient access to banking services through their smartphones. The platform features a unique savings mechanism that automatically allocates a predetermined amount of money into savings after each transaction. Chime generates revenue from transaction fees paid by merchants, which aligns its interests with those of its users, promoting fee avoidance and encouraging savings. Additionally, the platform provides fee-free overdrafts and early access to paychecks, empowering users to gain greater control and flexibility over their financial situations while supporting their efforts to improve credit.

BharatPe

Series E in 2021
BharatPe is an Indian fintech company that specializes in offering financial services tailored for small and medium-sized merchants. It provides a platform for digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices, allowing merchants to accept payments efficiently. The company's application also features interoperable QR codes for seamless transactions, enhancing the payment experience for both merchants and customers. In addition to payment solutions, BharatPe extends its services to include business loans and various financial products, aiming to empower merchants in effectively managing their finances and growing their businesses.

FamPay

Series A in 2021
FamPay Solutions Private Limited is a Bengaluru-based company that provides a digital payment application specifically designed for teenagers and their families. Incorporated in 2019, FamPay enables minors to conduct various payment activities, including UPI, peer-to-peer (P2P) transactions, and card payments, without requiring a traditional bank account. The application allows parents to send money to their children, who can then spend it securely at online and in-store merchants under parental supervision. By focusing on the unique needs of younger users, FamPay aims to create a seamless and enjoyable payment experience for teenagers while ensuring financial safety and accountability.

Razorpay

Series E in 2021
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive product suite that supports various payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets. Razorpay offers APIs and integrations that facilitate the management of online transactions, automate electronic funds transfers, and enable real-time payment processing. The platform also allows businesses to collect recurring payments and share invoices with customers, providing a secure and efficient solution for financial transactions.

BharatPe

Series D in 2021
BharatPe is an Indian fintech company that specializes in offering financial services tailored for small and medium-sized merchants. It provides a platform for digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices, allowing merchants to accept payments efficiently. The company's application also features interoperable QR codes for seamless transactions, enhancing the payment experience for both merchants and customers. In addition to payment solutions, BharatPe extends its services to include business loans and various financial products, aiming to empower merchants in effectively managing their finances and growing their businesses.

Nextpls

Series B in 2020
Nextpls, founded in 2018 and headquartered in Singapore, aims to transform digital financial transactions on a global scale. The company operates through three primary platforms. Its flagship division, Panda Remit, has quickly established itself as a leader in digital remittance within Asia, connecting over 1.5 million customers across 40 countries by providing efficient and profitable cross-border transaction services. The Panda Platform, currently in beta, is designed to enhance the global payments infrastructure for banks and enterprises, facilitating future international financial interactions. Additionally, the company is developing Panda Digital, envisioned as the first truly borderless digital wallet, enabling users to manage multiple currencies and conduct transactions without geographical constraints. Nextpls is dedicated to creating an innovative financial landscape that simplifies and secures cross-border financial services for individuals and businesses alike.

Razorpay

Series D in 2020
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive product suite that supports various payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets. Razorpay offers APIs and integrations that facilitate the management of online transactions, automate electronic funds transfers, and enable real-time payment processing. The platform also allows businesses to collect recurring payments and share invoices with customers, providing a secure and efficient solution for financial transactions.

Toss

Series G in 2020
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.

KhataBook

Series B in 2020
KhataBook is a leading SaaS company in India that offers a smartphone-based ledger application designed to assist micro, small, and medium businesses in managing their financial transactions. The application enables users to securely track business and personal credits, automatically sends payment reminders to customers, and facilitates online payment collection via UPI and QR codes. With its user-friendly interface available in over 11 languages, KhataBook has garnered a significant user base, boasting more than 20 million registered users. The company's innovative solutions have made a notable impact on India's business landscape, earning it recognition as the "Best Innovative Mobile App" at the India Digital Awards in 2020.

Airwallex

Series D in 2020
Airwallex is a global payments and financial platform that aims to streamline international transactions for businesses by eliminating the complexities and costs associated with traditional financial systems. The company offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By leveraging an ecosystem of application programming interfaces, automation, and local payment networks, Airwallex enables clients to issue and pay invoices in their preferred currencies at mid-market foreign exchange rates. The platform is designed to support entrepreneurs and businesses in achieving their global objectives by providing seamless access to financial tools and opportunities worldwide.

Ksher

Series A in 2020
Ksher is a Chinese fintech company that operates a user-friendly digital platform designed to facilitate cross-border mobile payments. The platform enables overseas local merchants to accept popular payment methods used by Chinese travelers, such as WeChat Pay and UnionPay cards, thereby helping these merchants expand their business and attract more Chinese consumers for both online conversions and in-store transactions.

FamPay

Pre Seed Round in 2020
FamPay Solutions Private Limited is a Bengaluru-based company that provides a digital payment application specifically designed for teenagers and their families. Incorporated in 2019, FamPay enables minors to conduct various payment activities, including UPI, peer-to-peer (P2P) transactions, and card payments, without requiring a traditional bank account. The application allows parents to send money to their children, who can then spend it securely at online and in-store merchants under parental supervision. By focusing on the unique needs of younger users, FamPay aims to create a seamless and enjoyable payment experience for teenagers while ensuring financial safety and accountability.

MoneyTap

Series B in 2020
MoneyTap is an app-based credit line that provides small to medium-sized cash loans, quick credit on mobile, and affordable interest rates. It is currently available in Delhi NCR (Delhi, New Delhi, Noida, Greater Noida, Ghaziabad, Faridabad, Gurgaon), Mumbai (Mumbai, Navi Mumbai & Thane), Hyderabad, Chennai, Bangalore, Jaipur, Mohali, Panchkula, Chandigarh, Ahmedabad, Vadodara, Anand, Vijayawada, Vizag, Indore, Ankleshwar, Bharuch, and Gandhinagar. MoneyTap was founded in 2015 by a passionate pack of IIT/ISB alumni. It is headquartered in Bangalore, Karnataka.

Fi.Money

Seed Round in 2020
Epifi Technologies Pvt. Ltd., founded in 2019 and based in Bengaluru, India, operates as a digital bank without physical branches, targeting young millennial workers and digital natives. The company offers a comprehensive range of online and mobile-first financial services, including payment solutions, money transfers, and lending services. By partnering with licensed banks, Epifi creates a secure platform that serves as a primary hub for consumers, enabling them to access co-branded debit cards and integrate their existing financial products into a single mobile banking interface. Utilizing customer insights and advanced technology, Epifi aims to simplify the banking experience and support users in achieving financial freedom.

OPay

Series B in 2019
OPay is a mobile payment service and consumer platform based in Nigeria that facilitates financial transactions for its users. It enables individuals to send and receive money, pay bills, and order food and groceries through a user-friendly interface. The platform is designed to provide secure and affordable financial services, allowing users to manage their finances with ease. With millions of users relying on OPay daily, the company creates a comprehensive ecosystem that integrates payment solutions with essential services such as transportation and delivery. By offering a streamlined experience and various incentives, OPay empowers users to take control of their financial activities efficiently.

KhataBook

Series A in 2019
KhataBook is a leading SaaS company in India that offers a smartphone-based ledger application designed to assist micro, small, and medium businesses in managing their financial transactions. The application enables users to securely track business and personal credits, automatically sends payment reminders to customers, and facilitates online payment collection via UPI and QR codes. With its user-friendly interface available in over 11 languages, KhataBook has garnered a significant user base, boasting more than 20 million registered users. The company's innovative solutions have made a notable impact on India's business landscape, earning it recognition as the "Best Innovative Mobile App" at the India Digital Awards in 2020.

Nextpls

Series A in 2019
Nextpls, founded in 2018 and headquartered in Singapore, aims to transform digital financial transactions on a global scale. The company operates through three primary platforms. Its flagship division, Panda Remit, has quickly established itself as a leader in digital remittance within Asia, connecting over 1.5 million customers across 40 countries by providing efficient and profitable cross-border transaction services. The Panda Platform, currently in beta, is designed to enhance the global payments infrastructure for banks and enterprises, facilitating future international financial interactions. Additionally, the company is developing Panda Digital, envisioned as the first truly borderless digital wallet, enabling users to manage multiple currencies and conduct transactions without geographical constraints. Nextpls is dedicated to creating an innovative financial landscape that simplifies and secures cross-border financial services for individuals and businesses alike.

QFPay

Series C in 2019
QFPay provides businesses with mobile payment technologies and value-added services. QFPay has been partnering with various mobile wallet providers including Alipay, WeChat Pay, China UnionPay, among others, servicing over 1 million+ merchants across Asia and executing over 500 million mobile payment transactions totaling USD30 billion+ in transaction value over the last 6 years.

Toss

Series F in 2019
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.

OPay

Series A in 2019
OPay is a mobile payment service and consumer platform based in Nigeria that facilitates financial transactions for its users. It enables individuals to send and receive money, pay bills, and order food and groceries through a user-friendly interface. The platform is designed to provide secure and affordable financial services, allowing users to manage their finances with ease. With millions of users relying on OPay daily, the company creates a comprehensive ecosystem that integrates payment solutions with essential services such as transportation and delivery. By offering a streamlined experience and various incentives, OPay empowers users to take control of their financial activities efficiently.

Razorpay

Series C in 2019
Razorpay is a payment platform founded in 2014 and headquartered in Bangalore, Karnataka. It enables businesses to accept, process, and disburse payments through a comprehensive product suite that supports various payment methods, including credit cards, debit cards, net banking, UPI, and popular digital wallets. Razorpay offers APIs and integrations that facilitate the management of online transactions, automate electronic funds transfers, and enable real-time payment processing. The platform also allows businesses to collect recurring payments and share invoices with customers, providing a secure and efficient solution for financial transactions.

BharatPe

Series B in 2019
BharatPe is an Indian fintech company that specializes in offering financial services tailored for small and medium-sized merchants. It provides a platform for digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices, allowing merchants to accept payments efficiently. The company's application also features interoperable QR codes for seamless transactions, enhancing the payment experience for both merchants and customers. In addition to payment solutions, BharatPe extends its services to include business loans and various financial products, aiming to empower merchants in effectively managing their finances and growing their businesses.

O'Pay Electronic Payment

Series A in 2019
O'Pay Electronic Payment is a mobile payment mobile app.

Airwallex

Series C in 2019
Airwallex is a global payments and financial platform that aims to streamline international transactions for businesses by eliminating the complexities and costs associated with traditional financial systems. The company offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By leveraging an ecosystem of application programming interfaces, automation, and local payment networks, Airwallex enables clients to issue and pay invoices in their preferred currencies at mid-market foreign exchange rates. The platform is designed to support entrepreneurs and businesses in achieving their global objectives by providing seamless access to financial tools and opportunities worldwide.

BharatPe

Series A in 2019
BharatPe is an Indian fintech company that specializes in offering financial services tailored for small and medium-sized merchants. It provides a platform for digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices, allowing merchants to accept payments efficiently. The company's application also features interoperable QR codes for seamless transactions, enhancing the payment experience for both merchants and customers. In addition to payment solutions, BharatPe extends its services to include business loans and various financial products, aiming to empower merchants in effectively managing their finances and growing their businesses.

MobiKwik

Series E in 2018
MobiKwik is a mobile payment platform that provides a wide array of financial products for both consumers and merchants in India. The company offers services such as a prepaid digital wallet, pay-later options, money transfers, loans, and investment opportunities. By leveraging big data analytics and machine learning, MobiKwik enhances user experiences and streamlines transactions for everyday needs, including phone recharges, online shopping, and purchasing movie tickets. Its goal is to deliver accessible payment and credit solutions, helping users manage their finances without the necessity of a credit card or bank account.

Ksher

Series A in 2018
Ksher is a Chinese fintech company that operates a user-friendly digital platform designed to facilitate cross-border mobile payments. The platform enables overseas local merchants to accept popular payment methods used by Chinese travelers, such as WeChat Pay and UnionPay cards, thereby helping these merchants expand their business and attract more Chinese consumers for both online conversions and in-store transactions.

BharatPe

Seed Round in 2018
BharatPe is an Indian fintech company that specializes in offering financial services tailored for small and medium-sized merchants. It provides a platform for digital payments through the Unified Payments Interface (UPI) and Point of Sale (POS) devices, allowing merchants to accept payments efficiently. The company's application also features interoperable QR codes for seamless transactions, enhancing the payment experience for both merchants and customers. In addition to payment solutions, BharatPe extends its services to include business loans and various financial products, aiming to empower merchants in effectively managing their finances and growing their businesses.

LianLian

Venture Round in 2018
Lianlian Yintong Electronic Payment Co., Ltd, commonly known as Lianlian Pay, was established in 2003 and has grown to become the fourth largest non-banking third-party payment service provider in China, with a registered capital of RMB325 million. The company specializes in offering payment, clearing, and value-added mobile payment services, boasting over 60 payment licenses across various countries and regions. Lianlian Pay facilitates cross-border payments for approximately 100 sites linked to nearly 50 cross-border e-commerce platforms, extending its services to more than 100 countries. With a commitment to providing convenient, safe, and efficient payment solutions, Lianlian has accumulated a client base of over 1.1 million cross-border e-commerce stores and has established a significant presence in the global payment landscape. Additionally, it became one of the inaugural partners in the China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Area, which was the first national-level pilot zone approved by the Chinese government.

LianLian

Venture Round in 2018
Lianlian Yintong Electronic Payment Co., Ltd, commonly known as Lianlian Pay, was established in 2003 and has grown to become the fourth largest non-banking third-party payment service provider in China, with a registered capital of RMB325 million. The company specializes in offering payment, clearing, and value-added mobile payment services, boasting over 60 payment licenses across various countries and regions. Lianlian Pay facilitates cross-border payments for approximately 100 sites linked to nearly 50 cross-border e-commerce platforms, extending its services to more than 100 countries. With a commitment to providing convenient, safe, and efficient payment solutions, Lianlian has accumulated a client base of over 1.1 million cross-border e-commerce stores and has established a significant presence in the global payment landscape. Additionally, it became one of the inaugural partners in the China (Hangzhou) Cross-border E-commerce Comprehensive Pilot Area, which was the first national-level pilot zone approved by the Chinese government.

Airwallex

Series B in 2018
Airwallex is a global payments and financial platform that aims to streamline international transactions for businesses by eliminating the complexities and costs associated with traditional financial systems. The company offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By leveraging an ecosystem of application programming interfaces, automation, and local payment networks, Airwallex enables clients to issue and pay invoices in their preferred currencies at mid-market foreign exchange rates. The platform is designed to support entrepreneurs and businesses in achieving their global objectives by providing seamless access to financial tools and opportunities worldwide.

Toss

Series D in 2018
Toss is a South Korea-based mobile financial service platform developed by the fintech startup Viva Republica, established in 2011 by Seunggun Lee in Seoul. The platform offers a range of services aimed at simplifying financial management for users, including peer-to-peer money transfers, credit score management, and bank account oversight. Additionally, Toss provides access to loan and insurance plans, facilitates bill splitting, and supports QR payments. These features collectively enable users to handle their financial needs efficiently and conveniently.

CardUp

Seed Round in 2018
CardUp is a payment platform designed to streamline the process of making and receiving payments for individuals and businesses. It enables users to shift large expenses—such as rent, insurance premiums, payroll, and supplier invoices—onto credit cards, even for transactions typically requiring cash or bank transfers. By offering a no-code solution, CardUp simplifies cash flow management, automates payment processing, and allows users to earn rewards on their credit card transactions. The platform operates across Singapore, Hong Kong, and Malaysia and is licensed as a Major Payment Institution by the Monetary Authority of Singapore under the Payment Services Act. CardUp’s tools are aimed at enhancing efficiency and control over financial operations for its users.

MoneyTap

Series A in 2017
MoneyTap is an app-based credit line that provides small to medium-sized cash loans, quick credit on mobile, and affordable interest rates. It is currently available in Delhi NCR (Delhi, New Delhi, Noida, Greater Noida, Ghaziabad, Faridabad, Gurgaon), Mumbai (Mumbai, Navi Mumbai & Thane), Hyderabad, Chennai, Bangalore, Jaipur, Mohali, Panchkula, Chandigarh, Ahmedabad, Vadodara, Anand, Vijayawada, Vizag, Indore, Ankleshwar, Bharuch, and Gandhinagar. MoneyTap was founded in 2015 by a passionate pack of IIT/ISB alumni. It is headquartered in Bangalore, Karnataka.

Gojek

Series D in 2016
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.

MobiKwik

Series C in 2016
MobiKwik is a mobile payment platform that provides a wide array of financial products for both consumers and merchants in India. The company offers services such as a prepaid digital wallet, pay-later options, money transfers, loans, and investment opportunities. By leveraging big data analytics and machine learning, MobiKwik enhances user experiences and streamlines transactions for everyday needs, including phone recharges, online shopping, and purchasing movie tickets. Its goal is to deliver accessible payment and credit solutions, helping users manage their finances without the necessity of a credit card or bank account.

Ping++

Series B in 2016
Ping++ is a provider of mobile payment software development kits (SDKs) and comprehensive mobile payment services, designed to streamline access to various payment and transaction channels. The company offers a user-friendly aggregation payment cloud platform that simplifies the integration process between businesses and mobile payment systems, as well as consumption staging channels. Ping++ focuses on optimizing the payment experience for different consumer groups, enhancing order conversion rates through its solutions. Additionally, the company's platform incorporates daily transaction management, audit reconciliation, and data analysis functions, allowing businesses to manage their payment processes effectively. With the support of a professional customer success team, Ping++ assists clients in constructing tailored payment solutions that address specific operational challenges.

Citrus Payment Solutions

Series C in 2015
Citrus Payment Solutions, founded in 2011 by a team of professionals from software, user experience, and finance backgrounds, focuses on simplifying and innovating the payment process. The company provides an online payment platform that empowers users to complete transactions with a single click across various merchants on their preferred devices. Additionally, Citrus offers a mobile wallet designed for both merchants and consumers, enhancing the payment experience and facilitating seamless transactions in the digital marketplace.

Gojek

Series B in 2015
PT Aplikasi Karya Anak Bangsa, commonly known as Gojek, is a mobile application-based platform founded in 2010 and headquartered in Jakarta, Indonesia. The company initially operated a motorcycle taxi fleet but has since evolved into a comprehensive Super App, offering a wide range of services including food delivery, transportation, digital payments, shopping, and various on-demand services such as massages. Launched in 2015, Gojek has rapidly become the largest consumer transactional technology group in Southeast Asia, driven by its commitment to speed, innovation, and social impact. The platform aims to empower the informal sector in the region while catering to diverse markets, including logistics, food, and entertainment.

Chillr

Series A in 2015
Chillr is an Indian FinTech startup focused on simplifying mobile banking and financial transactions for users. The company offers a mobile and web application that enables users to send money directly between bank accounts using just a mobile number, eliminating the need for account details. Chillr collaborates with leading banks such as HDFC Bank and Bank of Baroda to ensure secure and instant payments. Its application allows users to request and receive payments, facilitating instant money transfers, recharges, and utility bill payments directly from their bank accounts. As a mobile payment subsidiary of MobME Wireless, Chillr aims to enhance the ease of financial transactions for millions of users.

Cardinfolink

Series A in 2015
CardInfoLink, founded in 2010, is a fintech company that specializes in developing economic payment infrastructure for internet and mobile platforms. It offers an integrated payment and collection system that incorporates bankcard and QR code technologies, serving major merchants, enterprises, and financial institutions across over 20 countries. The company enables banks and acquirers to streamline their acquiring and issuing processes, enhancing efficiency in payment management. CardInfoLink provides a range of services, including domestic and overseas online payment processing, credit and debit card processing, and data services. Its innovative products, such as QR payment solutions and membership marketing tools based on Big Data analysis, cater to diverse scenarios like university fee payments, transportation, dining, and mobile ordering. The company's EVO Cloud platform supports major mobile wallets in the Southeast Asia region and connects to the leading international card schemes. CardInfoLink is recognized for its compliance with industry standards, including PCI DSS and ISO 27001, and is backed by investment from Sequoia Capital China and TIS Intec Group.

MobiKwik

Series B in 2015
MobiKwik is a mobile payment platform that provides a wide array of financial products for both consumers and merchants in India. The company offers services such as a prepaid digital wallet, pay-later options, money transfers, loans, and investment opportunities. By leveraging big data analytics and machine learning, MobiKwik enhances user experiences and streamlines transactions for everyday needs, including phone recharges, online shopping, and purchasing movie tickets. Its goal is to deliver accessible payment and credit solutions, helping users manage their finances without the necessity of a credit card or bank account.

MobiKwik

Series A in 2014
MobiKwik is a mobile payment platform that provides a wide array of financial products for both consumers and merchants in India. The company offers services such as a prepaid digital wallet, pay-later options, money transfers, loans, and investment opportunities. By leveraging big data analytics and machine learning, MobiKwik enhances user experiences and streamlines transactions for everyday needs, including phone recharges, online shopping, and purchasing movie tickets. Its goal is to deliver accessible payment and credit solutions, helping users manage their finances without the necessity of a credit card or bank account.

QFPay

Series B in 2014
QFPay provides businesses with mobile payment technologies and value-added services. QFPay has been partnering with various mobile wallet providers including Alipay, WeChat Pay, China UnionPay, among others, servicing over 1 million+ merchants across Asia and executing over 500 million mobile payment transactions totaling USD30 billion+ in transaction value over the last 6 years.

Citrus Payment Solutions

Series B in 2013
Citrus Payment Solutions, founded in 2011 by a team of professionals from software, user experience, and finance backgrounds, focuses on simplifying and innovating the payment process. The company provides an online payment platform that empowers users to complete transactions with a single click across various merchants on their preferred devices. Additionally, Citrus offers a mobile wallet designed for both merchants and consumers, enhancing the payment experience and facilitating seamless transactions in the digital marketplace.

Citrus Payment Solutions

Series A in 2013
Citrus Payment Solutions, founded in 2011 by a team of professionals from software, user experience, and finance backgrounds, focuses on simplifying and innovating the payment process. The company provides an online payment platform that empowers users to complete transactions with a single click across various merchants on their preferred devices. Additionally, Citrus offers a mobile wallet designed for both merchants and consumers, enhancing the payment experience and facilitating seamless transactions in the digital marketplace.

Hitachi Payment Services

Venture Round in 2011
Hitachi Payment Services is a prominent provider of payment solutions in India, focusing on creating a secure and innovative payments ecosystem for financial institutions, merchants, and e-commerce aggregators. The company was established through the integration of Integrated Maintenance and Services Private Limited and Sequoia Capital, leveraging their combined expertise to enhance payment services. Hitachi Payment Services operates a wide range of offerings, including automated teller machines, cash recycling systems, point-of-sale solutions, and internet payment gateways. Additionally, it provides risk management, analytics, and merchant services to support customer acquisition and retention. With a presence in 70 cities and a network of over 3,500 electronic transaction terminals, the company ensures that its clients have efficient access to essential services, backed by 43 spare part depots and a rework center in Chennai.

19pay

Series B in 2010
Beijing Goyang Jie Xun Information Technology Co., Ltd. is a high-tech enterprise based in China that specializes in domestic telecom integration and e-commerce payment services. Established in 2005, the company has developed a robust platform focused on the trading, development, and marketing of digital products. Its services encompass communication solutions, vehicle owner services, refueling services, and payment services, alongside software integration. Notably, the company ranks as a leading provider in the payment card system sector and holds a significant market share in virtual recharge services. In 2012, its subsidiary, 19Pay, obtained a third-party payment license from The People’s Bank of China, further enhancing its capabilities in the internet payment domain. The company's early success, particularly with its recharge service system for telecom operators across multiple provinces, laid the foundation for its ongoing growth and innovation in the digital payment landscape.

Pine Labs

Seed Round in 2009
Pine Labs is a technology and financial solutions provider focused on enhancing merchant operations and increasing revenue. The company offers a comprehensive platform that facilitates both online and offline transactions, enabling retailers to connect with financial institutions and consumer brands efficiently. Its services include processing easy monthly installment transactions, delivering customer insights for targeted sales, and simplifying payment acceptance. Pine Labs supports over 350,000 POS terminals across 3,700 cities in India and Malaysia, catering to more than 100,000 merchants in diverse sectors such as electronics, food and beverage, fashion, and airlines. The company collaborates with 15 major banks and 7 financial institutions, ensuring a robust ecosystem for retailers to engage and retain customers while minimizing operational complexities and risks.

19pay

Venture Round in 2006
Beijing Goyang Jie Xun Information Technology Co., Ltd. is a high-tech enterprise based in China that specializes in domestic telecom integration and e-commerce payment services. Established in 2005, the company has developed a robust platform focused on the trading, development, and marketing of digital products. Its services encompass communication solutions, vehicle owner services, refueling services, and payment services, alongside software integration. Notably, the company ranks as a leading provider in the payment card system sector and holds a significant market share in virtual recharge services. In 2012, its subsidiary, 19Pay, obtained a third-party payment license from The People’s Bank of China, further enhancing its capabilities in the internet payment domain. The company's early success, particularly with its recharge service system for telecom operators across multiple provinces, laid the foundation for its ongoing growth and innovation in the digital payment landscape.
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