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Easebuzz

Can a verticalized SaaS + payments platform become the operating system for India's MSMEs across online, offline, and cross-border rails?

Founded2014
HQPune, India
FoundersRohit Prasad
Total raised$30M+ (Series A disclosed)
Latest roundSeries A, April 2025
IndustryInfrastructure / Payments
The story

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.

Last 12 months
2025-04
2025-10
2025-11
Product timeline
2014
Easebuzz Private Limited incorporated in Pune· founding
2016
Launched commercial operations with payment gateway and payment links· launch
2018
Launched Slices (split payments) and FeesBuzz; multi-acquiring bank model· product
2020
Launched Wire payouts and Teller B2B invoice product· product
2022
Launched Easebuzz Neo (connected banking) and SmartX (expense management with prepaid cards)· banking
2024
Launched Verification Suite, Express Onboarding APIs, ERA AI assistant, Easebuzz POS· product
2025
$30M Series A led by Bessemer; launched IBMB Banking Connect with NBBL; obtained full RBI PA license across online/offline/cross-border· funding
Regulated entities
1
regulatory licence held by Easebuzz
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
7 layers disclosed in Easebuzz’s embedded-finance stack
Payments / PSP
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)Juspay (checkout integration)
Banking / BaaS
in the full report
Card issuing
in the full report
Card network
in the full report
Lending
in the full report
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: minor
17 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.