Global payment orchestration platform Paytring raises funding led by Unlimit

Paytring, a universal payment-rich orchestration platform designed for omni-businesses and payment institutions, today announced the successful closure of its first strategic pre-seed funding round led by global fintech company Unlimit.

The startup will use the raised capital to accelerate its product development, expand market reach, gain penetration, and acquire new customers. 

“Unlimit’s strategic investment at such an early stage shows the importance of Paytring’s solution for the expansion of business around the world. The payment leaders’ deep tech expertise and multi-geography insights will help fast-track our development," said Keshav Munjal, co-founder and CEO of Paytring.

Revolutionizing payment solutions

Paytring stands out as a no-code solution that simplifies the complex landscape of both local and international digital transactions.

Integrated with over 25 Payment Gateways and Service Providers worldwide, The startup enables merchants and payment processors to improve operational efficiency, reduce costs, and deliver a superior payment experience to end-users.

“Paytring is not just a platform; we are a fintech product company. With our combined experience of navigating the on-ground payment challenges for over 20 years, we are on a mission to make payments operation, management, and integration super easy anywhere in the world,” said Debal Chakraborty, CTO and CoFounder of Paytring.

Streamlining cross-border transactions

With the Indian market poised to reach $814 billion by 2029, Paytring’s focus is on streamlining cross-border transactions and facilitating seamless payment experiences for businesses and consumers alike.

The platform’s comprehensive payment orchestration and integration with numerous payment providers worldwide aim to drive efficiency and enhance the overall payment experience.

What does Unlimit do>?

Founded in 2009, Unlimit is a global fintech company that offers a large portfolio of financial services, including payment processing, banking as a service (BaaS), and an on-ramp fiat solution for crypto, DeFi, and GameFi.

It claims to have 500 employees across 16 offices and five continents, including London, Frankfurt, Singapore, Sao Paulo, Hong Kong, and Mexico.