Pune-based payments platform EaseBuzz has raised $30 million in a Series A funding round led by Bessemer Venture Partners.
The funding will be used to expand the company's Vertical SaaS stack, enhance product capabilities in online payment aggregation, and strengthen its merchant network and market penetration.
EaseBuzz is entering the offline payments space with point-of-sale (POS) and UPI QR-based Soundbox solutions.
The company has obtained authorization from RBI to operate as an online payment aggregator and is in the process of applying for a cross-border payment aggregator license.