PaySprint, a fintech and regtech company, had set out to raise a total of $3 million (₹25.7 crore), out of which $1.2 million (₹10 crore) in the first tranche has been successfully raised. The remaining ₹15 crore is expected to follow in the second tranche.
The fresh capital raised will be used to deepen the adoption of SprintNXT and Escrow Infrastructure, expand AI capabilities for onboarding, fraud detection, and workflow automation. PaySprint will also invest in building strong banking and enterprise partnerships and grow the product and engineering teams.
Founded in 2020 by Anand Seenivasgan, Deepankar Agarwal, and Satnam Kaur Sachdeva, PaySprint is a B2B Banking FinTech & Infratech company.
PaySprint provides open banking API solutions through a unified platform tailored for banking and payments. Over the years, the company has grown from a single-product focus to building a full-fledged digital financial infrastructure.
The company’s flagship product, SprintNXT, facilitates businesses with connected banking platforms, real-time insights, collection tracking and reconciliation.
And alongside it, SprintVerify, PaySprint’s comprehensive verification engine, has become the trusted backbone for onboarding, KYC/KYB, and identity checks across PAN, Aadhaar, RC, bank accounts, and more. Providing 120+ APIS, it plays a vital role in enabling businesses to verify with speed and confidence.
The company also recently unveiled its Escrow-as-a-Service (EaaS) infrastructure, which includes two products — SprintEXcrow and SprintEX-code.
“This is not just a fundraise—it’s a milestone moment. We’ve gone from one product to powering end-to-end journeys for NBFCS, fintechs, platforms, and enterprises. With SprintNXT and our newly launched escrow stack, we’re solving problems that used to take months and multiple vendors to fix—now done in days, under one roof,” said S Anand, Founder & CEO of PaySprint.
“This is how we see the future: interconnected platforms solving real problems, not fragmented tools stitched together. With SprintNXT, SprintVerify, and now our Escrow Stack, PaySprint is not just offering services—we’re offering scale,” added Anand.
