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There is ambiguity over what is called BNPL: Juspay Technologies CEO

'The impact of tokenisation extends to the entire payment ecosystem', said Vimal Kumar

Vimal Kumar
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Vimal Kumar, Juspay Technologies' founder and chief executive officer

Raghu Mohan
Juspay Technologies is a leader in the card-tokenisation space, and is also the first certified token-requestor in India. It recently raised $50 million in Series C funding from SoftBank Vision Fund, and $10 million from existing investors VEF and Wellington Management. Vimal Kumar, the firm’s founder and chief executive officer, spoke to Raghu Mohan. Edited excerpts:

What has been your role in the tokenisation of cards so far?

A card or token is basically a key to your bank account. It’s always good to create multiple keys, or “decentralised credentials”, like use-case-based, or merchant-specific keys. We had 100-250 million cards to be

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First Published: Jan 31 2022 | 6:02 AM IST

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