Crystal Magazine Oct 13, 2026
Juspay Strengthens Global Footprint as FY26 Revenue Rises 30% to $75 million
Juspay, a global payments technology company, today
reported revenue of $75 million for the financial year ended March 31, 2026 (FY26), up 30% at
constant current from $61 million in FY25. Revenue has more than tripled from $39 million in
FY24, a compound annual growth rate of approximately 40%.
Daily transactions on Juspay's platform rose to 400 million during the year, for brands including
Agoda, Amazon, Decathlon, Flipkart, Google, HSBC, IKEA, IndiGo, LATAM Airlines, Recurly,
super.money, Swiggy, Wego, Zepto, and Zurich Insurance.
Juspay also accelerated its international expansion during FY26, strengthening its presence
across APAC, Europe, US, Latin America, and the Middle East. Juspay powers payments for
more than 500 enterprises globally with an annualised total payment volume of more than $1
trillion with 99.999% reliability.
FY26 was also a year of continued investment in AI and open-source infrastructure, as Juspay
expanded its capabilities across enterprise AI, customer experiences and payment intelligence.
These investments include:
Xyne, an open-source, model-agnostic and data-sovereign Enterprise AI platform
developed on a Unix-like architecture. It enables organisations to build AI applications
and agents around their own organisational context while retaining control over their
data and flexibility in their choice of models;
● Breeze Buddy, a no-code AI voice platform that enables enterprises to build
conversational workflows for use cases such as customer support, feedback and
verification;
● Breeze Universal is the platform that enables banks, fintechs, marketplaces, and brands
to deploy agentic shopping experiences directly to their user bases, boosting brand
visibility while increasing conversion rates;
* Constant-currency growth adjusts for the impact of foreign exchange rate movements. Growth in reported currency
was 24%.
Juspay Genius, an AI-powered payment intelligence product that enables enterprise
teams to manage their entire payments operations in an AI-native way;
Juspay remained adjusted EBITDA positive in FY26 at $4 million, excluding non-cash ESOP
costs, even as it stepped up investment in its next phase of growth. The company reported a net
loss of $10 million for FY26. During the year, Juspay invested in expanding its international
operations and building new AI capabilities, including Xyne. The company also continued to
strengthen its core technology and payment infrastructure to support the next phase of digital
payments, including agentic commerce and AI driven payment experiences.
“FY26 was a year of investing in the capabilities that will support Juspay’s next phase of growth.
Our international payments business is scaling, and we are beginning to see traction across
markets. As we expand globally, we are also investing in AI as part of a broader strategy to build
new solutions for enterprises. Xyne is one example of this investment, bringing our experience
in building reliable, enterprise grade infrastructure to an open source AI platform,” said Sheetal
Lalwani, Co-founder & COO, Juspay.
“These investments have an impact on our near-term financials, but they are focused on
building long-term capabilities and creating sustainable value for our customers. As we scale
globally, our focus remains on investing in technology and talent while strengthening Juspay’s
position as a global payments company,” he added.
Juspay’s vision is centered around building open-source infrastructure that can operate across
markets. The company will continue to deepen its core payments capabilities, expand its
international presence and invest in open and interoperable infrastructure.
