Payments infrastructure firm Juspay has announced that it has raised $50 million in a Series D follow-on funding round led by WestBridge Capital, valuing the company at $1.2 billion. The transaction comprises a mix of primary and secondary investments, providing partial liquidity to early investors and employees holding stock options.

This is the second liquidity opportunity the company has enabled for employees and early backers within the past year. Juspay did not disclose the exact allocation between fresh capital and secondary shares but said the funding would support its next phase of global expansion and product development.

The fundraise follows continued growth in transaction volumes. Juspay said its annualized total payment volume (TPV) has crossed $1 trillion, with the platform processing more than 300 million transactions daily for enterprise and banking clients across multiple geographies.

From orchestration to core payments infrastructure

Over the years, Juspay has expanded its product stack from payment orchestration to building core payments infrastructure for banks, including Unified Payments Interface (UPI) systems. The company positions itself as a long-term technology partner to enterprises and financial institutions navigating increasingly complex digital payment environments.

Commenting on the funding, Sheetal Lalwani, co-founder and chief operating officer at Juspay, said the company has focused on solving structural challenges in global payments through engineering-led solutions, adding that the round also recognises the contribution of early investors and employees.

WestBridge Capital said its investment reflects confidence in Juspay’s ability to build scalable, resilient payment systems while maintaining a sustainable growth trajectory. Deepak Ramineedi, partner at WestBridge Capital, said the firm views Juspay as a core infrastructure provider rather than a point-solution fintech.

Global expansion and technology investments

Juspay has been expanding its footprint across Asia-Pacific, the Middle East, Latin America, Europe, the UK and North America. The company is also investing in automation and artificial intelligence-driven tools to improve workforce productivity and merchant experience, though it did not disclose specific deployment timelines.

Juspay employs more than 1,500 people across its global offices and continues to focus on scale and reliability as competition intensifies in the enterprise payments infrastructure space.

Founded in 2012, the Bengaluru-headquartered company operates as a backend payments infrastructure provider rather than a consumer-facing fintech. Its clients span sectors such as e-commerce, travel, financial services and insurance.