Juspay, a global leader in payment infrastructure solutions, has inaugurated its new Asia Pacific hub in Singapore, marking a significant step in its international expansion. This move is designed to support the region’s burgeoning digital economy by offering streamlined payment solutions to enterprise merchants. Juspay, backed by investors such as SoftBank, Accel, and VEF, processes over 200 million transactions daily and aims to enhance its collaboration with partners like Agoda.
The Singapore office will enable Juspay to work closely with merchants to address unique challenges in the Asia Pacific market. Co-founder and COO of Juspay, Sheetal Lalwani, stated, “Our expansion into Singapore positions us at the heart of the dynamic Asia Pacific market, where we can work closely with merchants to tackle their unique challenges.”
Juspay’s offerings include services such as 1-click checkout, full-stack orchestration, and fraud solutions, which are crucial for enterprises looking to optimise transaction costs and improve authorisation rates. Nakul Kothari, Head of APAC & Middle East at Juspay, highlighted the importance of this expansion, noting, “Our expansion comes at a crucial moment as APAC’s digital payment landscape undergoes rapid transformation.”
The partnership with Agoda further solidifies Juspay’s presence in the region. Jibran Bugvi, Head of Fintech & Business Initiatives at Agoda, commented on the collaboration, emphasising the importance of maintaining efficient and reliable payment processes.
Juspay’s strategic move into Singapore is set to reshape the payment landscape in the Asia Pacific region, offering scalable and reliable payment infrastructure to enterprises.
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