Global fintech company specialising in payments, Unlimit , has become the lead investor in payment orchestration platform Paytring ’s pre-seed funding round. Following this announcement, the new investment is expected to accelerate the product development of Paytrings, as well as to bring efficient international payments and transactions to India-based businesses.

According to the Payment Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029), the Indian market is expected to reach USD 814 billion by 2029. With this in mind, the all-inclusive payment orchestration platform’s no-code solution approach was developed for payment collection, and it is set to simplify the complex landscape of local and international digital transactions. At the same time, Paytring is set to focus on meeting the needs, preferences, and demands of customers in an ever-evolving market, while also prioritising the process of remaining compliant with the regulatory requirements and laws of the industry.

More information on the announcement Throughout this initiative, the new funding round is expected to give merchants, traders, and payment processors the possibility to optimise their operational efficiency, reduce costs, as well as improve the overall payment experience for end-users. While Paytring is already integrated with more than 25 payment gateways and service providers around the world, the number is set to continue to rise over the following months. Unlimit’s deep tech expertise and multi-geography insights will optimise the process of fast-tracking Paytring’s development, as well as accelerate its strategy of providing businesses with the needed tools and solutions to develop in the evolving dynamics of the global payment ecosystem.

At the same time, Paytring will also continue its plan to deliver optimised cross-border payment methods for customers and users in the region of India, aiming to also contribute to the overall landscape development as well.  For more information about Unlimit, please check out their detailed profile in our dedicated, industry-specific Company Database. .