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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

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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