Building Bharat’s Trust Layer: How PaySprint’s $3M Series A is Powering the Future of Digital Finance
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In a candid conversation with MoneyNomical, S Anand, CEO & Founder, PaySprint shares how its recent $3 million Series A funding marks a pivotal milestone not just as capital, but as a validation of its mission to build India’s digital financial infrastructure. From a single product to a unified API-first ecosystem, PaySprint has evolved to power seamless business banking, compliance, and verification through platforms like SprintNXT and SprintVerify. The launch of SprintEXcrow and SprintEX-code addresses long-standing gaps in escrow infrastructure, bringing speed, transparency, and regulatory alignment to the fore. Positioned as a “trust layer” in digital finance, PaySprint’s integrated stack simplifies fragmented fintech operations under one roof, earning it accolades like “Best Fintech Startup.” With FY25-26 underway, the company is doubling down on escrow innovation and AI-led automation to scale impact across Bharat’s digital economy.
- Congratulations on the fundraiser! What does this S3 million Series A milestone mean for you personally and for the larger PaySprint vision?
Thank you! Well, the Series A funding is more than just capital to us; it validates our faith that India needs a futuristic, growing, and secure digital foundational framework and physical infrastructure to lead the next era in fintech. It’s a powerful reminder of the responsibility we carry. With great power comes great responsibility, so we are carrying the responsibility to innovate, simplify, and build with transparency and accountability. Thus, we aim to revolutionise business Banking, AI, Escrow, and Cloud.
Our team isn’t just ready; we’re energized by the magnitude of what lies ahead. We understand that with this opportunity comes immense responsibility—to innovate fearlessly, to simplify the complex, and to build with unwavering transparency and accountability. We’re not just preparing to enter these markets; we’re preparing to transform them entirely.
The future force we’ve assembled isn’t just about technology—it’s about reimagining how businesses interact with financial systems, how AI can democratize access to sophisticated tools, and how trust can be rebuilt through transparent processes. We’re building the infrastructure that will enable countless other innovations to flourish.
This is our moment to prove that the next big breakthrough in global fintech won’t just come from India—it will redefine what’s possible for the entire world.
- From a single product to a full-scale ecosystem -what was the turning point that made you realise PaySprint could power end-to-end business banking journeys?
I can’t point out one such turning point, but I can tell you this: as we started from one product, we could identify the need for more. In the beginning, we started with a tailored solution, but soon identified that businesses were struggling to bring together multiple API platforms and partners to manage onboarding, compliance, payouts, collections, and now, escrow needs. That observation was important, leading us to work on offering inclusive tools by building a modular yet integrated ecosystem that could simplify their end-to-end banking and compliance journeys.
- Let’s talk about SprintNXT and SprintVerify. How are these platforms redefining the way NBFCs, fintechs, and enterprises manage cash flow compliance and verification?
They are our two powerful product suite:
SprintNXT is our unified B2B business banking suite that powers seamless payouts, collections, and reconciliations. It’s like giving enterprises a programmable, scalable bank in their back pocket.
SprintVerify is our KYC/KYB and verification engine that prevents fraud at the onboarding stage, especially critical for NBFCs and fintechs who deal with high-volume, high-value decisions. Together, they automate trust and transparency, two non-negotiables in today’s digital finance landscape.
- Escrow infrastructure isn’t a space many fintechs venture into. What inspired the launch of SprintEXcrow and SprintEX-code, and what pain points are they solving in Bharat’s digital economy?
Well, absolutely. But that is changing gradually. Escrow has traditionally been slow, opaque, and offline, although it has always been essential for the current marketplaces, lending, wealth-tech, and B2B commerce. We noticed a paramount need to redefine and revamp the current escrow infrastructure and deliver as a plug-and-play API-first solution.
SprintEXcrow allows automated, bank-grade escrow creation and management. SprintEX-code takes it up a notch by contributing programmable controls and conditional releases. We’re aiming to create real-time efficiency, to deliver momentum with full disclosure and regulatory alignment, giving businesses a sense of security and confidence in every transaction.
- You’ve often mentioned the concept of a “Trust Layer in digital finance. How do you see PaySprint becoming that critical infrastructure in India’s fintech evolution?
Yes, trust is the cornerstone in all businesses, and especially in digital finance, the reason being the vulnerability businesses are exposed to in this current digital atmosphere.
So, we believe in delivering with consistency and transparency. Because when businesses know their onboarding is clean, their money is handled compliantly, and their transactions are secured by reliable escrows, they trust us and we earn their loyalty.
We see PaySprint not as a competitor to banks or NBFCs, but as an enabler—a digital trust layer that complements legacy infrastructure with speed, agility, and transparency. In a digital Bharat, trust will be the new currency. We’re building the rails for that.
- In a fragmented landscape of tools and vendors. PaySprint offers an integrated stack under one roof. How important is this unified approach to scaling and customer success?
We want to prioritise growth for businesses, and that is one of our pillars of belief for offering an integrated stack under one roof. In the current market, businesses struggle working via multiple tools and platforms from different vendors to manage payments, onboarding, verification, and compliance. This creates chaos, setbacks, and unnecessary workload.
PaySprint solves this by bringing everything under one roof, so businesses don’t face delays coordinating between platforms. This one-stop solution approach helps in faster implementation, simplifies growth, and gives customers a seamless, secure experience from the start.
- With FY 25-26 off to a roaring start, what are the top 3 priorities for PaySprint in the coming 12-18 months, from product development to partnerships?
That’s a pretty important question, you’ve asked me there. With this new financial year off to a start, we are focusing on two big things.
Firstly, we’re prioritising SprintExCrow and SprintEX-code products.
Secondly, we want to leverage AI to streamline and automate routine and admin tasks, so our team can focus more on building great products and less on manual work. We are a future-forward company, so leveraging AI is very important for us.
- You’ve won several awards recently for innovation. In your view, what sets PaySprint apart from other fintech players in the crowded digital infrastructure space?
Thankyou! The awards have been a big encouragement. Well, what sets us apart is our dedication to problem-solving. We believe in reinventing solutions and getting to the root of a problem, and developing smart tools.