Juspay has opened a new office in Singapore as part of its efforts to expand across the Asia Pacific region.
The move comes as the India-headquartered payments technology firm looks to support growing demand for its infrastructure services from enterprise clients in the region.
Founded in Bangalore, Juspay offers a range of payment solutions including orchestration, authentication, tokenisation, reconciliation, and fraud prevention tools for enterprises and banks.
The company says it currently processes over 200 million transactions daily, with annual transaction volume exceeding US$900 billion.
The Singapore hub will serve as a regional base to support Juspay’s clients and deepen its presence in Asia Pacific.
The company also announced a regional partnership with digital travel platform Agoda, which has adopted Juspay’s full-stack orchestration and reconciliation services.
Jibran Bugvi, Head of Fintech & Business Initiatives at Agoda, said that the partnership supports Agoda’s need for a reliable and efficient payments system with broad local payment method support.
Sheetal Lalwani, Co-founder & COO of Juspay said,
“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.
We aim to empower them with the reliable, scalable, and highly performant payment infrastructure that has made us a trusted partner for leading enterprises worldwide.”
Nakul Kothari, Head of APAC & Middle East at Juspay, added,
“Our expansion comes at a crucial moment as APAC’s digital payment landscape undergoes rapid transformation & diversification.
We intend to scale our team in Singapore and address the challenges being faced by enterprises in managing global payments like optimising transaction costs, improving authorisation rates and enhancing payment experience with local payment methods.”
