Fintech startup Paytring closes pre-seed round from Unlimit

Global payment orchestration platform Paytring has raised an undisclosed amount in its first strategic pre-seed funding round led by global fintech company Unlimit.

The proceeds will be used in accelerating Paytring's product development, expanding its market reach, gaining penetration, and acquiring new customers, the company said in a press release.

Co-founded by Keshav Munjal, Paytring is a no-code solution for payment collection, global payments for Indian businesses. The platform simplifies 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.

"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," said Debal Chakraborty, CTO and Co-founder of Paytring.

Unlimit 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. Unlimit has 16 offices in global cities including London, Frankfurt, Singapore, São Paulo, Hong Kong, and Mexico.