Bengaluru-based fintech firm Juspay quietly crossed a major milestone on January 23, 2026, officially joining the unicorn club with a valuation of over $1 billion. You may not spot its logo as often as Paytm or Google Pay, but Juspay is the unseen force ensuring that millions of digital payments go through smoothly every day.
Juspay kicked off the year with a strong funding boost, raising $50 million (around ₹415 crore) in its latest round led by WestBridge Capital. Following this investment, the company’s valuation jumped to $1.2 billion, making it the first unicorn of 2026.
A portion of the fresh funds was used to buy shares from early employees and investors. This move allowed long-time team members and early backers to finally cash in on the company’s success—a rewarding moment for those who helped build Juspay from the ground up.
What Does Juspay Actually Do?
Every time you pay for something on an app, Juspay works silently in the background to ensure the money moves securely from your bank account to the merchant. If one payment option, say, a particular bank’s UPI system, faces an outage, Juspay instantly switches to another route to prevent the transaction from failing.
The company has built the core payment technology that supports UPI transactions for major platforms like Google Pay, Amazon, and CRED.
What sets Juspay apart is that it isn’t just growing fast, it’s also profitable. The company now handles more than 300 million transactions every day. In 2025, Juspay reported a profit of ₹62 crore, a rare achievement in an ecosystem where many startups are still burning cash.
Going Global
Juspay’s ambitions now stretch well beyond India. The company has opened offices in San Francisco, Dublin, and Singapore. It has also partnered with Mastercard and Visa to roll out new payment technologies in Brazil.
Looking ahead, Juspay is betting big on Artificial Intelligence. The company is using AI to predict potential payment failures and fix issues even before users hit the “buy” button, making digital payments faster, smoother, and almost invisible for customers worldwide.
