“Can a verticalized SaaS + payments platform become the operating system for India's MSMEs across online, offline, and cross-border rails?”
Founded 2014 in Pune as an online payment gateway focused on SMBs, Easebuzz evolved into a 'vertical SaaS + embedded payments' platform — wrapping fee management (FeesBuzz), invoicing (SmartBilling, Teller), expense management (SmartX) and connected banking (Easebuzz Neo) around its payment aggregator core. The 2025 Series A from Bessemer and full RBI PA authorization across online, offline and cross-border rails position the company as one of only three Indian fintechs with all three PA licenses, signaling a deliberate push to become the 'verticalized operating system' for Indian MSMEs.
Easebuzz discloses Partner banks via Easebuzz Neo Connected Banking (unnamed in evidence) as its banking provider, according to the Embedded Finance Index 2026.
Easebuzz does not disclose a bank charter of its own; its banking services are provided through Partner banks via Easebuzz Neo Connected Banking (unnamed in evidence).
Easebuzz processes payments through Easebuzz Payment Gateway (self-operated), Easebuzz International Payment Gateway (self-operated), Easebuzz UPI Payment Gateway (self-operated), Easebuzz POS (self-operated), Soundbar UPI Soundbox (self-operated) and Juspay (checkout integration). Disclosed money-movement rails: UPI.
Easebuzz's cards are issued through Easebuzz SmartX (prepaid card program; issuing bank not named in evidence) on the Visa, Mastercard and RuPay networks.
Easebuzz's lending and capital products are provided by Partner banks and NBFCs (unnamed).
Easebuzz uses Easebuzz International Payment Gateway (self-operated), Easebuzz International Bank Transfer (self-operated) and Easebuzz Wire Payouts (self-operated) for FX and cross-border payouts.
Easebuzz integrates with Tally and Excel.
The Embedded Finance Index 2026 maps 10 layers in Easebuzz's stack: Payments / PSP (Easebuzz Payment Gateway (self-operated), Easebuzz International Payment Gateway (self-operated), Easebuzz UPI Payment Gateway (self-operated), Easebuzz POS (self-operated) and 2 others); Money movement (UPI); Banking / BaaS (Partner banks via Easebuzz Neo Connected Banking (unnamed in evidence)); Card issuing (Easebuzz SmartX (prepaid card program; issuing bank not named in evidence)); Card network (Visa, Mastercard and RuPay); Lending (Partner banks and NBFCs (unnamed), Easebuzz Affordability Suite, Credit Card EMI (15+ banks), Cardless EMI and 3 others); FX & payouts (Easebuzz International Payment Gateway (self-operated), Easebuzz International Bank Transfer (self-operated) and Easebuzz Wire Payouts (self-operated)); Accounting (Tally and Excel); Spend / AP (Easebuzz SmartX (self-operated) and Easebuzz Vendor Payments (self-operated)); Tax (Easebuzz Tax Payments (self-operated GST and direct tax payment product)).
Easebuzz was founded by Rohit Prasad and is founded in 2014, headquartered in Pune, India.
Easebuzz has raised $30M+ (Series A disclosed) in total (latest round: Series A, April 2025).
Get a read on where your own stack stands against Easebuzz and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.