Citrus Pay Raises $130 Million to Lead the Revolution in Mobile and Digital Payments!

Citrus Pay, India's trailblazer in the mobile and digital payment space, has successfully secured $130 million in funding to further its mission of revolutionizing consumer transactions across the country. Founded by industry leaders Amrish Rau and Jitendra Gupta, Citrus Pay has cultivated a reputation as the fastest growing fintech company in India. The remarkable investment comes from a consortium of visionary investors, highlighting their confidence in the company's innovative approach to payment solutions. With a formidable partnership network that boasts top airlines, utility providers, and a whopping 10,000 merchants—including major names like Delhi Metro, PVR, and Airtel—Citrus Pay serves 25 million consumers with cutting-edge payment services that align with the demands of today's digital lifestyle. The latest funding will primarily be allocated towards enhancing their supercharged SaaS platform tailored for emerging markets, expanding their smartphone-centric payment solutions, and continuing to innovate and optimize the checkout experience for Indian consumers. By focusing on secure, seamless payment processes, Citrus Pay is not only delivering India’s most popular consumer wallet but also ensuring that merchant partners have access to a comprehensive suite of payment processing options across all popular Indian payment modes. As Citrus Pay enters this exciting new chapter, it reaffirms its commitment to driving constant innovation, enhancing consumer security, and enabling merchants to thrive in the fast-paced digital economy. This pivotal funding event marks a significant milestone in Citrus Pay’s journey to redefine the future of payments in India, ensuring that the nation moves swiftly towards a cashless society.