Citrus Payment
AcquiredLeading the revolution towards mobile and digital payments.
Mumbai, India · Founded 2011 · $32.5M raised
- Headquarters
- Mumbai
- Founded
- 2011
- Business Model
- B2B
- Website
- citruspay.com
- Total Funding
- $32.5M
- Last Round
- $25.0M Series COct 2015
- Rounds
- 3
- Acquired by
- PayUSep 2016
About
Citrus Payment Solutions was a Mumbai-based fintech company that provided comprehensive digital payment infrastructure for merchants and consumers in India. Founded in 2011 by Jitendra Gupta, the company built an online payment gateway enabling card payments, mobile banking, and digital wallet transactions. Citrus Pay served both enterprise merchants seeking seamless checkout experiences and consumers looking for a unified digital payments hub, and was among India's earliest and most prominent fintech startups. In September 2016, Naspers-owned PayU acquired Citrus Payment Solutions for $130 million in one of the largest fintech acquisitions in India at the time.
Summary
Citrus Payment is a Fintech company based in Mumbai, India, founded in 2011. It has raised $32.5M in total across 3 rounds, most recently a $25.0M Series C round in Oct 2015. Investors include PayU, Ascent Hydrogen Fund and e-Context Asia.
Tech & App Stack
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Funding History
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Sep 2016
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Investors
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