S. Anand Seenivasgan, Founder & CEO, PaySprint, believes that trust and technology must go hand in hand to shape India’s next phase of digital finance.
Mumbai (Maharashtra) [India], November 3: In just four years, PaySprint has emerged as one of India’s fastest-growing B2B FinTech and RegTech infrastructure companies, bridging legacy banking systems with next-generation technology. Founder and CEO S. Anand Seenivasgan shares how the company’s open API ecosystem spanning business banking, verification, payments, and escrow is redefining digital finance across Bharat. From AI-led compliance and fraud detection to empowering smaller fintechs and MSMEs, PaySprint is building the backbone for India’s inclusive financial future.
1. Mr. Anand, PaySprint has become one of India’s fastest-growing B2B FinTech and RegTech companies in just four years. Could you share the founding vision behind PaySprint and what problem you set out to solve in Bharat’s digital financial landscape?
When I founded PaySprint in December 2020, my vision was to simplify and modernise the digital financial infrastructure in Bharat. At that time, businesses, especially fintechs, NBFCs, and startups, were struggling to navigate fragmented systems and compliance-heavy processes.
We set out to bridge the gap between legacy banking systems and next-generation financial technology, enabling businesses across India to integrate, scale, and transact seamlessly. PaySprint was built to power the digital rails that would make financial operations faster, safer, and more inclusive, for enterprises as well as the last-mile entrepreneur.
2. Your suite of platforms, SprintNXT, SprintVerify, SprintOPN, SprintEscrow, and SprintExCode, caters to a wide spectrum of financial needs. Could you walk us through how these products are transforming the way businesses, banks, and fintechs operate?
Each of our platforms is designed to address a critical part of the digital finance value chain:
- SprintNXT simplifies collections, payouts, reconciliation, and enterprise banking operations, giving businesses a single switch for connected and compliant financial management.
- SprintVerify offers API-based KYC, KYB, and background verification, enabling instant, secure digital onboarding.
- SprintExcrow brings Escrow-as-a-Service to the Indian ecosystem, fully digitised, secure, and compliant, serving marketplaces, lending, and real estate.
- SprintEx-Code ensures source code protection and business continuity for software and SaaS providers in regulated sectors.
Together, these products are transforming financial operations by replacing multi-vendor complexity with unified, plug-and-play infrastructure.
3. PaySprint has positioned itself as a trusted partner for over 5,100 businesses with more than 120 APIs in its ecosystem. How do you ensure seamless integration and reliability across such a vast, diverse network of clients and partners?
Our strength lies in the robustness of our technology and the depth of our banking partnerships. Every API in our ecosystem is built to be scalable, secure, and compliant, ensuring interoperability with banks, NBFCs, fintechs, and enterprises.
We’ve invested heavily in architecture that allows seamless integration while maintaining the highest standards of uptime and data security. Our role as a Technology Service Provider (TSP) and Acquisition Partner allows us to connect both legacy systems and modern applications, making the transition to digital finance effortless for our clients.
4. The company’s focus on Bharat, India beyond metros, is a strong differentiator. How is PaySprint enabling financial inclusion and empowering smaller fintechs, MSMEs, and entrepreneurs in semi-urban and rural areas to go digital?
Our commitment to Bharat’s digital inclusion has been a guiding principle from day one. By building open API networks and expanding our ecosystem, we’re empowering fintechs, startups, and MSMEs to access digital banking infrastructure without heavy capital investment or complex integration barriers.
From urban enterprises to last-mile entrepreneurs, PaySprint’s platforms enable secure, real-time financial operations, allowing even smaller businesses in semi-urban and rural regions to participate in India’s growing digital economy.
5. PaySprint recently raised Series A funding to enhance its AI-led onboarding, fraud detection, and enterprise partnerships. How are these advancements contributing to building safer, faster, and more compliant digital finance systems?
Our recent $3 million Series A funding round marks a milestone in strengthening our mission to power Bharat’s digital financial infrastructure. The investment is helping us:
- Enhance AI-led onboarding and fraud detection,
- Scale enterprise partnerships, and
- Accelerate product innovation across SprintNXT, SprintExcrow, and SprintEx-Code.
These advancements are helping us build more secure, compliant, and efficient digital systems, reducing risk while improving the customer and partner experience.
6. Your award-winning platforms have been recognised for innovation in business banking, open APIs, and payments. What drives your product philosophy, and how does PaySprint stay ahead in such a rapidly evolving regulatory and technological environment?
Our product philosophy is grounded in innovation, compliance, and real-world relevance. Every product we build must deliver measurable value, simplifying complex financial processes, ensuring regulatory trust, and enabling scale.
The recognition we’ve received, from Best Innovation in Business Banking, Innovative & Futuristic Banking FinTech Infrastructure Company of the Year, and Most Innovative FinTech Platform, reinforces our belief in building technology that leads with purpose and precision.
We stay ahead by continuously evolving, listening to partners, adapting to regulation, and investing in emerging technologies that future-proof digital finance.
7. From building RegTech-driven compliance solutions to Escrow-as-a-Service, PaySprint seems to sit right at the intersection of trust and technology. How important is compliance in shaping the next phase of India’s digital economy, and how is PaySprint leading that charge?
Compliance is the foundation of digital trust, especially in financial services. In India’s fast-evolving fintech ecosystem, building for compliance is no longer optional; it’s essential for sustainability.
At PaySprint, we’ve embedded RegTech thinking into every layer of our platform architecture. From verification and KYC solutions to Escrow-as-a-Service, we ensure that every transaction and integration meets regulatory and data security benchmarks.
By combining trust with technology, we’re helping businesses scale responsibly, ensuring that innovation and compliance progress hand in hand.
8. Finally, as the Founder and CEO, what is your long-term vision for PaySprint? How do you see the company’s role in shaping the digital financial infrastructure of Bharat over the next five years?
My long-term vision is to make PaySprint the backbone of Bharat’s digital financial infrastructure. Over the next five years, we aim to continue evolving as a full-stack fintech and regtech infrastructure provider, deepening our presence across business banking, payments, verification, and escrow.
We want to ensure that every fintech, NBFC, and enterprise, whether in a metro or a small town, can access trusted, compliant, and scalable financial technology under one roof.
PaySprint’s journey has been about building quietly, scaling steadily, and now accelerating growth through trust, innovation, and impact. The curve ahead is exponential, and our goal is clear: to power Bharat’s financial future.
