{"id":38257,"date":"2024-04-10T16:12:28","date_gmt":"2024-04-10T10:42:28","guid":{"rendered":"https:\/\/theeveningpost.in\/index.php\/2024\/04\/10\/global-payment-orchestration-platform-paytring-closes-funding-round-with-unlimit-as-lead-investor\/"},"modified":"2024-04-10T16:12:28","modified_gmt":"2024-04-10T10:42:28","slug":"global-payment-orchestration-platform-paytring-closes-funding-round-with-unlimit-as-lead-investor","status":"publish","type":"post","link":"https:\/\/theeveningpost.in\/index.php\/2024\/04\/10\/global-payment-orchestration-platform-paytring-closes-funding-round-with-unlimit-as-lead-investor\/","title":{"rendered":"Global Payment Orchestration Platform Paytring closes funding round with Unlimit as lead investor"},"content":{"rendered":"<div>\n<p><strong>Gurgaon (Haryana) [India], April 10:<\/strong> \u00a0Paytring, a universal\u00a0payment-rich orchestration platform designed for\u00a0omni-businesses and payment institutions, today announced the successful closure of its first strategic pre-seed funding round led by global fintech company Unlimit.<\/p>\n<p>An all-inclusive payment orchestration platform,\u00a0<a href=\"http:\/\/www.paytring.com\/\" target=\"_blank\" rel=\"noopener\">Paytring<\/a>\u00a0is a no-code solution for payment collection, revolutionizing global payments for Indian businesses. Backed by a strong support team, Paytring is simplifying the complex landscape of local and international digital transactions, enabling merchants and payment processors to enhance their operational efficiency, reduce costs, and improve the overall payment experience for end-users.<\/p>\n<p>\u201cUnlimit\u2019s strategic investment at such an early stage shows the importance of Paytring\u2019s solution for the expansion of business around the world. The payment leaders\u2019 deep tech expertise and multi-geography insights will help fast-track our development. Together, we\u2019re excited to achieve our strategic mission of empowering businesses to stay ahead of the global payments ecosystem\u2019s evolving dynamics,\u201d says Keshav Munjal, co-founder and CEO of Paytring.<\/p>\n<p>The strategic investment is a significant vote of confidence from the global fintech community. Also, it marks the beginning of a new era in payment processing efficiency and flexibility for Indian businesses to look at international payment collections.<\/p>\n<p>\u201cPaytring 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,\u201d said\u00a0<a href=\"https:\/\/www.linkedin.com\/in\/debalchakraborty\/\" target=\"_blank\" rel=\"noopener\">Debal Chakraborty<\/a>, CTO and CoFounder of Paytring.<\/p>\n<p>The fund will be crucial in accelerating Paytring\u2019s product development, expanding its market reach, gaining penetration, and acquiring new customers.<\/p>\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/theeveningpost.in\/wp-content\/uploads\/2024\/04\/image-2-9-1024x768-1.jpg\" alt=\"\" class=\"wp-image-39962\" srcset=\"https:\/\/theeveningpost.in\/wp-content\/uploads\/2024\/04\/image-2-9-1024x768-1.jpg 1024w, https:\/\/pnn.digital\/wp-content\/uploads\/2024\/04\/image-2-9-300x225.jpg 300w, https:\/\/pnn.digital\/wp-content\/uploads\/2024\/04\/image-2-9-768x576.jpg 768w, https:\/\/pnn.digital\/wp-content\/uploads\/2024\/04\/image-2-9-150x113.jpg 150w, https:\/\/pnn.digital\/wp-content\/uploads\/2024\/04\/image-2-9-450x338.jpg 450w, https:\/\/pnn.digital\/wp-content\/uploads\/2024\/04\/image-2-9.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"><figcaption class=\"wp-element-caption\">.<\/figcaption><\/figure>\n<p><strong>About Paytring :\u00a0www.paytring.com<\/strong><\/p>\n<p>The first-of-its-type platform integrated with more than 25 PG\/PSPs around the world,\u00a0<a href=\"http:\/\/www.paytring.com\/\" target=\"_blank\" rel=\"noopener\">Paytring<\/a>\u00a0is a feature-rich payment orchestration platform designed to revolutionize the way online businesses and payment institutions manage their transactions across the entire span of E-commerce involving D2C, B2B, B2C, and P2P. By integrating various payment providers and acquirers, Paytring offers global customers a seamless interface for unified communication, control, and management, driving efficiency, reducing costs, and enhancing the payment experience.\u00a0\u2060Founders Keshav Munjal (CEO) and Debal Chakraborty (CTO) are serial entrepreneurs, having bootstrapped several profitable startups together.\u00a0<\/p>\n<p><strong>About Unlimit:\u00a0<\/strong><\/p>\n<p>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. The company\u2019s mission is to deliver solutions that eliminate financial borders, enabling businesses to operate both locally and internationally with ease across Europe, the UK, LatAm, APAC, India, and Africa. Unlimit has 500 employees across 16 offices and five continents, including London, Frankfurt, Singapore, S\u00e3o Paulo, Hong Kong, and Mexico. For further information, please visit:\u00a0https:\/\/www.unlimit.com\/<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gurgaon (Haryana) [India], April 10: \u00a0Paytring, a universal\u00a0payment-rich orchestration platform designed for\u00a0omni-businesses and payment institutions, today announced the successful closure of its first strategic pre-seed funding round led by global fintech company Unlimit. An all-inclusive payment orchestration platform,\u00a0Paytring\u00a0is a no-code solution for payment collection, revolutionizing global payments for Indian businesses. Backed by a strong support&#8230;<\/p>\n","protected":false},"author":1,"featured_media":38258,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[295],"class_list":["post-38257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-technology"],"_links":{"self":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts\/38257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/comments?post=38257"}],"version-history":[{"count":0,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/posts\/38257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/media\/38258"}],"wp:attachment":[{"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/media?parent=38257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/categories?post=38257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theeveningpost.in\/index.php\/wp-json\/wp\/v2\/tags?post=38257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}