Payments gateway startup JusPay raised $21.6 million from Vostok Emerging Finance

Payments gateway startup JusPay raised $21.6 million in Series B led by Sweden-based Vostok Emerging Finance (VEF), Wellington Management & Accel Partners. JusPay is looking to invest in research and development (R&D), expand its market presence in India and expand to the overseas market JusPay provides a full-stack digital payments software-as-a-service (SaaS) platform that enables secure and frictionless payment experience, Claims its SDK has seen 200mn+ downloads and has led to an annual payment volume of $10 Bn with clientele like Amazon, Flipkart, Uber, Swiggy, Ola & Cred.