Global payment orchestration platform Paytring has recently announced the successful closure of its pre-seed funding round, spearheaded by leading fintech company Unlimit. The exact amount raised remains undisclosed, yet the investment marks a significant milestone for Paytring’s journey towards transforming payment solutions globally.
Founded by Keshav Munjal, Paytring offers a revolutionary no-code solution tailored to streamline payment collection and facilitate global payments for Indian businesses. By simplifying the intricate landscape of local and international digital transactions, Paytring empowers merchants and payment processors to optimize operational efficiency, reduce costs, and elevate the overall payment experience for end-users.
Debal Chakraborty, CTO, and Co-founder of Paytring expressed the company’s vision, stating, “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.”
Meanwhile, Unlimit boasts an extensive portfolio of financial services, ranging from payment processing to banking as a service (BaaS), and it provides an on-ramp fiat solution for crypto, DeFi, and GameFi. With 16 offices strategically positioned in global hubs like London, Frankfurt, and Singapore, Unlimit is well-positioned to catalyze Paytring’s expansion efforts and propel its mission to redefine the future of payment orchestration.