PaySprint
PaySprint is a New Delhi-based B2B fintech and RegTech infrastructure provider offering a unified API platform spanning business banking, payments, KYC/KYB verification, escrow, source code escrow, and AI-powered contract lifecycle management for banks, NBFCs, fintechs, and enterprises across India.
- Company typePrivate
- Founded2020
- HeadquartersNew Delhi, India
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What PaySprint does
PaySprint is a New Delhi-headquartered B2B fintech and RegTech infrastructure provider founded in December 2020, operating an API-first unified platform with 200+ API endpoints across seven product lines: SprintNXT (business banking and payments switch), SprintVerify (KYC/KYB verification), SprintEXcrow (escrow-as-a-service), SprintEX-Code (source code escrow), SprintContractX (contract lifecycle management), SprintOPN (open banking/embedded finance), and SprintPGX (smart payment optimization). The company serves banks, NBFCs, fintechs, and enterprises across at least seven verticals including e-commerce, real estate, logistics, and SaaS, with 5,100+ business partners onboarded and Rs 5,500 crore in GMV recorded in FY22.
The platform is built on cloud-native architecture with bank-grade security (ISO 27001, SOC 2 Type II, PCI-DSS certified) and regulatory alignment to RBI, NPCI, SEBI, and RERA frameworks. AI/ML capabilities are embedded in verification (OCR, NLP for identity checks), contract drafting (generative AI for first-draft creation), fraud detection (anomaly detection), and payment routing (optimization). PaySprint operates on a prepaid, usage-based pricing model with enterprise sales motion, supplemented by API self-serve integration for mid-market buyers.
PaySprint generates revenue through API service access fees, transaction processing (across UPI, NEFT, RTGS, IMPS, cards), escrow management fees, per-verification charges for KYC/KYB, and enterprise subscriptions for SprintContractX. The company is described as profitable, holds a strategic 12.19% minority investment from Fino Payments Bank (April 2022), and raised approximately $1.2M in May 2025. Distribution combines direct enterprise sales (CBO, Director of Sales, VP-Sales) with a partner referral network spanning its 5,100+ business partners.
PaySprint firmographics
Firmographics- Name
- PaySprint
- Legal name
- PaySprint Private Limited
- Website
- https://paysprint.in
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PaySprint is a New Delhi-based B2B fintech and RegTech infrastructure provider offering a unified API platform spanning business banking, payments, KYC/KYB verification, escrow, source code escrow, and AI-powered contract lifecycle management for banks, NBFCs, fintechs, and enterprises across India.
- Ownership category
- akta.pro rank
PaySprint industry classification
Industry- Product category
- Banking Fintech API Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Payroll Services (541214)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Embedded Payments (Pay-ins, Pay-outs, Wallets) (FSAGALAB)
- akta.pro secondary industries
- Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN), Income & Employment Verification (VOI/VOE, payroll-linked data) (FSAGACAE), Payroll, Contractor Payments & SME HR Finance (FSAGAJAI)
Keywords
Where PaySprint is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
PaySprint business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- API Services Revenue: Revenue generated from API service access fees. PaySprint operates on a prepaid model requiring full payment before accessing API services. API services once approved, activated and used are non-refundable. Includes setup, onboarding, and integration fees.
- Transaction Processing: Revenue from processing payments, collections, and disbursements across the platform. Supports multiple payment modes including UPI, NEFT, RTGS, IMPS, cards, and static QR codes.
- Escrow Services: Escrow account management with trustee governance. Fees for managing escrow accounts, automated fund releases, and reconciliation services across industries including NBFCs, lending, e-commerce, real estate, and logistics.
- Contract Lifecycle Management: SprintContractX platform subscription for AI-powered contract drafting, approval workflows, e-signatures, and obligation tracking. Enterprise pricing with dedicated implementation support.
- Verification Services: KYC, KYB, and identity verification services via SprintVerify API. Revenue from per-verification pricing for digital onboarding and compliance checks.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Usage-based | Pay-as-you-go | Enterprise API access with custom pricing based on volume and use case requirements |
| Subscription | Annual | Enterprise contract management platform with dedicated support |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
PaySprint product offering
Product offeringCore offering
PaySprint is a B2B fintech infrastructure platform that delivers 200+ APIs across seven core products: business banking and payments switching (SprintNXT), AI-driven KYC/KYB verification (SprintVerify), escrow-as-a-service (SprintEXcrow), source code escrow (SprintEX-Code), AI-powered contract lifecycle management (SprintContractX), open banking and embedded finance (SprintOPN), and smart payment optimisation (SprintPGX). It serves banks, NBFCs, fintech firms, and enterprises in India with prepaid usage-based API access, quote-based enterprise pricing, and bank-grade security certifications.
Product overview
PaySprint is a unified full-stack FinTech and Banking API Platform delivering integrated platform solutions across banking, payments, verification, escrow, and contract management. The platform operates as a platform-plus-modules architecture centered on 7 core products: SprintNXT (Business Banking & Payments Switch), SprintVerify (Digital Identity & Risk Intelligence), SprintEXcrow (Escrow-as-a-Service), SprintEX-Code (Source Code Escrow), SprintContractX (Contract Lifecycle Management), SprintOPN (Open Banking & Embedded Finance), and SprintPGX (Smart Payment Optimisation Layer). These products share a unified API infrastructure, enabling businesses to access banking, payments, collections, payouts, reconciliation, KYC/KYB verification, digital escrow, source code escrow, and contract management through a single integration. The platform powers 5,100+ business partners through 200+ API solutions, serving industries including NBFCs, lending, e-commerce, real estate, logistics, SaaS, legal, and education.
Differentiator
Problem solved
Functional benefit
Brands
- SprintVerify: Digital Identity & Risk Intelligence platform offering KYC, KYB, Bank account verification & identity checks.
- SprintNXT
- SprintEXcrow
- SprintEX-Code
- SprintContractX
- SprintOPN
- SprintPGX
Products and services
- SprintNXT A unified business banking and payments switch that automates payments, reconciliation, invoicing, and connected banking via scalable APIs, easing enterprise financial operations. Targets enterprises needing multi-bank management, bulk payouts, and cash flow visibility.
- SprintVerify An AI-driven digital verification suite offering KYC, KYB, bank account verification, and identity checks to enable faster onboarding and smarter risk decisions. Targeted at banks, NBFCs, fintechs, and enterprises running digital onboarding workflows.
- SprintEXcrow A secure Escrow-as-a-Service platform ensuring risk-free, transparent, and automated fund transfers until all transaction conditions are met, with dedicated trustees and banking partnerships. Serves NBFCs, e-commerce marketplaces, real estate developers, logistics, and fintechs needing RBI/SEBI/RERA-compliant escrow infrastructure.
- SprintEX-Code A secure software escrow solution that protects institutions from vendor dependency by safeguarding source code, ensuring business continuity and regulatory readiness. Offers both physical FRFC locker storage and cloud escrow integration with GitHub, GitLab, and Bitbucket.
- SprintContractX An AI-powered contract lifecycle management platform that automates contract creation, management, monitoring, and renewals with full visibility, audit readiness, and compliance control. Reduces contract cycle times by up to 50%.
- SprintOPN An open banking and embedded finance platform providing comprehensive digital banking, banking and payment APIs, instant payments and settlements, and customisable workflows. Targeted at banks, fintechs, and enterprises building digital banking ecosystems.
- SprintPGX A smart payment optimisation layer providing unified payment infrastructure to manage, route, and enhance payments intelligently, reducing failures and maximising conversions across multiple payment gateways.
Quantifiable outcome
- Reduces contract cycle times by up to 50% with automated drafting and approvals
- +3 more outcomes
Companies that use PaySprint
Customer profileNamed customers7 records
Segments7 records
Ideal customer profiles7 records
PaySprint technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability10 records
Feature8 records
PaySprint partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Leading Banks (Escrow Partnerships)coreSprintEXcrow partners with leading banks to offer unified platform for real-time visibility, seamless fund management, and dispute-free operations. Banking partnerships provide the extra layer of protection for escrow funds, secure and compliant at all times. Multiple banking partners support escrow infrastructure.
- AWS, Azure, GCP (Cloud Infrastructure)coreSprintEX-Code offers cloud escrow services integrating with GitHub, GitLab, and Bitbucket, with storage options on AWS, Azure, or GCP. Cloud-based solution offers flexibility and scalability for secure source code management.
- Tally & ZohoBookscoreSprintNXT's invoicing module integrates directly with Tally and ZohoBooks, automatically syncing invoices between platforms and eliminating double entry while keeping accounts teams working from a single source of truth.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
PaySprint competitors and assessment
Company assessmentBroad incumbents
- Pine Labs: Large Indian fintech offering payment acceptance, payouts, and gift card solutions to merchants and enterprises. Overlaps with PaySprint's payment optimization and banking switch, but Pine Labs is far larger and broader.
- Icertis: Global contract lifecycle management (CLM) leader. Comparable to PaySprint's SprintContractX offering but at significantly larger scale and with global enterprise customer base.
- Infibeam Avenues: Indian payment gateway and digital commerce platform (CCAvenue) serving enterprises and government. Overlaps with PaySprint's payment gateway and verification products as a larger incumbent.
Direct peers
- Cashfree Payments: Indian payments and banking API platform providing payment gateway, payouts, verification, and escrow services to enterprises. Closely comparable to PaySprint's BaaS-style platform serving banks, NBFCs, and marketplaces.
- Razorpay: India's leading B2B fintech infrastructure platform offering payment gateway, payouts, banking, and verification APIs to businesses. Directly comparable to PaySprint's SprintNXT, SprintVerify, and SprintPGX offerings, but with a much larger scale and broader product suite.
- Decentro: API-first fintech infrastructure platform offering KYC, payments, banking, and lending APIs in India. Comparable API-first GTM and target customer base of banks, NBFCs, and fintechs.
- Zaggle: Indian fintech offering expense management, payroll, and corporate payments to enterprises. Comparable to PaySprint's SprintNXT payroll and accounts payable modules with similar target buyer profile.
- Setu (Lighthouse): India-focused API infrastructure provider for payments, identity verification, and account aggregation. Direct peer in KYC/verification (SprintVerify) and embedded payments/BAAS (SprintOPN).
- Zoho Contracts (CLM): Contract lifecycle management product from Zoho targeting SMB and mid-market with template-based authoring, workflows, and e-signature. Directly comparable to SprintContractX's core feature set.
Emerging players
- Iron Mountain Intellectual Property Management: Global leader in source code and IP escrow services (including Iron Mountain's Escrow Services). Comparable to PaySprint's SprintEX-Code offering, especially the physical escrow model with secure vaulting and verification.
Market position
Strengths4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
PaySprint social profiles
Digital presencePaySprint compliance and trust
Trust signalCompliance8 records
PaySprint financial estimates
Financial estimateRevenue estimate
Valuation estimate
PaySprint leadership team
Management profileNumber of profiles
Profiles12 records
PaySprint funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PaySprint M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PaySprint
What does PaySprint do?
PaySprint is a B2B fintech infrastructure platform that delivers 200+ APIs across seven core products: business banking and payments switching (SprintNXT), AI-driven KYC/KYB verification (SprintVerify), escrow-as-a-service (SprintEXcrow), source code escrow (SprintEX-Code), AI-powered contract lifecycle management (SprintContractX), open banking and embedded finance (SprintOPN), and smart payment optimisation (SprintPGX). It serves banks, NBFCs, fintech firms, and enterprises in India with prepaid usage-based API access, quote-based enterprise pricing, and bank-grade security certifications.
Is PaySprint a public or private company?
PaySprint is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PaySprint founded?
PaySprint was founded in 2020. It employs 11 to 50 people.
Where is PaySprint based?
PaySprint is headquartered in New Delhi, India, in the Asia region.
How does PaySprint make money?
Five revenue lines are on record. API Services Revenue is the primary driver. The others are transaction Processing, escrow Services, contract Lifecycle Management and verification Services.
Who are PaySprint's main competitors?
Broad incumbents on record are Pine Labs, Icertis and Infibeam Avenues. Direct peers are Cashfree Payments, Razorpay, Decentro, Zaggle, Setu (Lighthouse) and Zoho Contracts (CLM). Iron Mountain Intellectual Property Management is listed as an emerging player.
Does PaySprint have an API?
Yes. PaySprint offers a comprehensive API infrastructure platform providing 200+ API solutions across banking, payments, verification, escrow, and contract management verticals. APIs enable high transaction volume and enterprise scalability with plug-and-play integration, minimal development effort, and sandbox testing environment. The platform supports business partners to go live within days. API categories include payment gateway APIs, UPI collection APIs, bulk payment APIs, virtual account APIs, payout APIs, KYC/KYB verification APIs, and escrow management APIs. Developer documentation is at www.paysprint.in.
What industry is PaySprint in?
PaySprint's product category is Banking Fintech API Platform. Its primary akta.pro industry code is FSAGALAB, Embedded Payments (Pay-ins, Pay-outs, Wallets), with a secondary code of FSAGABAN, Payouts, Disbursements & Mass Payments Infrastructure. Its NAICS code is 52232 and its SIC code is 6199.