Juspay sets up a HQ in Singapore

Payments technology company Juspay has officially entered Singapore, establishing a regional headquarters that will serve as the company’s strategic base for its Asia-Pacific operations.

About Juspay

Founded in India in 2012, Juspay builds software that helps businesses accept and manage online payments. Its platform supports a wide range of features including checkout systems, 3D Secure authentication, tokenisation, fraud prevention, analytics, and transaction reconciliation. The company also works with banks as a technology service provider, assisting in the modernisation of real-time payments infrastructure in various markets. Today, Juspay handles more than 200 million transactions daily.

Juspay’s expansion comes on the heels of its US$60 million (approximately SG$79 million) Series D funding round, led by Mumbai-based private equity firm Kedaara Capital, with participation from existing investors SoftBank and Accel.

The decision for Singapore to serve as its APAC headquaters was due to its efforts at developing itself into a fintech hub, its established regulatory infrastructure, and the proximity Singapore has to emerging markets in Southeast Asia.

Plans for the future

The company’s latest funding round includes both primary and secondary investments, and will be channelled into three main areas: geographical expansion, product innovation, and AI.

Geographically, Juspay plans to scale its operations in regions beyond India and APAC, to Europe, Latin America, UK, and North America. In terms of product innovation, the company will be channeling resources to advance the development of its open-source payment platform, Hyperswitch, that allows businesses to manage multiple payment providers and optimise payment flows.

A portion of the funding will also be directed aid the company’s incorporation of AI, aimed at improving both merchant experiences and internal operations. Juspay says this includes tools to help merchants and banks scale payment operations, prevent fraud, and reduce costs, as well as to simplify workflow and reduce operational overhead. 

Juspay’s move comes amid a broader growth of payment technology companies — companies that create or support the technology behind how we pay for things digitally —  as more consumers and businesses turn to digital payment systems. The sector has seen increased demand for infrastructure that is flexible, secure, and capable of scaling across borders. As the global payments landscape continues to evolve, companies like Juspay are positioning themselves to provide the underlying systems that support this shift — particularly in regions where digital adoption is accelerating.