Juspay becomes 2026 Unicorn with $50 million

Juspay has raised $50 million in a Series D round led by WestBridge Capital, valuing the company at $1.2 billion and making it one of the first unicorns of 2026.

Bengaluru-based Juspay builds payment technology that helps enterprises and banks handle large volumes of digital transactions. Its systems power companies like Amazon and Microsoft across global markets.

The why: this is the company’s second liquidity event in the past year and funds will be used for global expansion and product development. 

Why fintechs want to go cross-border: since July last year, several fintechs including Cashfree, Amazon Pay, BillDesk, PayU and Razorpay have received RBI’s cross-border payment aggregator (PA-CB) licences. The licence lets them serve more online merchants and access new customer segments.

Earlier, SMEs depended on players like PayPal or global banks for cross-border payments. Non-bank aggregators could route transactions through banks, but low limits and heavy paperwork often caused delays.

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