Pune-based digital payments platform Phi Commerce has secured $4 million in a Series-A funding round led by Beenext, which also saw the participation of Yatra Angel Network. The startup plans to utilize the funds to enhance its product offerings, consolidate its presence in existing markets, and increase its geographic reach.
Phi Commerce is a fintech company that facilitates both, online and offline API-based payments for payment schemes, banks, processors, and large, medium, and small businesses.
