Fuelled by a roaring start to FY 25-26, PaySprint is gearing up for breakout growth—scaling its business banking and escrow stack to new heights.
New Delhi, India | 20 May 2025: PaySprint Private Limited, one of India’s fastest-growing fintech and regtech innovators, has successfully closed the first tranche of its $3 million fundraising round, securing $1.2 million. The remaining ₹15 crore is expected in the second tranche, bolstering PaySprint’s mission to build cutting-edge digital infrastructure for Bharat’s financial future.
“This is more than just capital—it’s a defining milestone,” said S Anand, Founder & CEO, PaySprint. “From a single product, we’ve evolved into an end-to-end platform serving NBFCs, fintechs, enterprises, and digital platforms. With SprintNXT and our Escrow Stack, we’re solving complex problems in days—under one roof.”
From Single Product to Full-Scale Fintech Ecosystem
Founded in December 2020, PaySprint began with the vision of simplifying back-end business banking. Today, it powers thousands of businesses across India with a robust ecosystem of products:
- SprintNXT – A flagship Business Banking Switch offering:
- Connected banking
- Smart payouts & real-time collections
- Automated reconciliation
- Actionable financial insights
- SprintVerify – A powerful verification engine providing over 120+ APIs for seamless KYC/KYB, identity verification, and onboarding across PAN, Aadhaar, bank accounts, RC, and more.
Introducing Escrow Infrastructure: A Trust Layer for Bharat
Building on its core stack, PaySprint has launched two new escrow offerings designed to fill long-standing trust gaps in India’s digital economy:
- SprintEXcrow – Escrow-as-a-Service platform for marketplaces, digital platforms, and lending ecosystems.
- SprintEX-code – Physical and cloud-based software escrow for source code protection and regulatory compliance.
“These tools are the trust infrastructure India’s digital economy needs—secure, compliant, and ready from day one,” Anand added.
Strategic Vision for FY 2025–26
With fresh funding and strong product momentum, PaySprint is set to:
- Accelerate adoption of SprintNXT and Escrow Infrastructure
- Expand AI capabilities in onboarding, fraud detection & automation
- Strengthen banking & enterprise partnerships
- Grow its product and engineering teams
Recognition & Leadership
PaySprint’s impact has been recognized through numerous industry accolades, including:
- Best Use of Emerging Technologies – Fintech & Digital Excellence at Bharat FinTech Summit 2025
- Most Innovative FinTech Platform for Digital Ecosystems at the World FinTech Summit 2025–26
These awards underscore PaySprint’s commitment to building scalable, industry-agnostic, and award-winning infrastructure for India’s fast-growing digital economy.
