Payments orchestration platform Juspay has raised $60 million as part of its Series D funding round led by Kedaara Capital, with participation from existing investors Softbank and Accel Partners.

The round is a combination of primary and secondary investments. 

Founded by Vimal Kumar in 2012, Juspay has expanded its global footprint across Asia-Pacific, Latin America, Europe, UK and North America. The company is accelerating the growth of its open-source payments orchestration platform. 

Juspay plans to further advance its AI capabilities to build future-ready innovations aimed at improving workforce productivity and merchant experience, the Bengaluru-based fintech said in its statement.

With offices in San Francisco, Sao Paulo, Dublin, and Singapore, Juspay processes more than 200 million transactions daily at 99.999% reliability, with over $900 billion in annual total processed volume.

“For the past decade, Juspay’s mission has been to create long-term value across the payments ecosystem—supporting merchants, banks, networks, and, by extension, the billions of users they serve,” said Sheetal Lalwani, co-founder and COO of Juspay. “Today, as we expand our global footprint and push the boundaries of AI, we remain committed to building truly open source and interoperable payment systems that embrace the growing diversity in the payments landscape."

Juspay provides full-stack orchestration, checkout experience, 3DS authentication, tokenisation, unified analytics, and value-added services for enterprise merchants, as well as end-to-end payments acceptance and real-time payments infrastructure for banks. 

Avendus Capital acted as the exclusive financial advisor to Juspay on this transaction.