SoftBank Vision Fund 2 leads $60 mn funding for Payments tech firm Juspay

Juspay processes 300 mn online transactions a month with gross value of over $5 bn; has highest number of payment SDK (software development kits) installed on 250 mn mobile phones

Juspay Technologies, a frictionless digital payments platform has raised  $60 million in Series C funding led by SoftBank Vision Fund 2 with participation from existing investors VEF and Wellington Management.

Juspay has been valued at about $460 million compared to its previous valuation of around $140 million.

Founded in 2012, Juspay is on a mission to build a robust payments operating system for India. It has played a pivotal role in improving the user experience for billions of payment transactions for leading merchants like Amazon, Flipkart and Swiggy. Today, the bulk of mobile payments in India go through Juspay’s