PaySprint – A NexGen Neo Banking Platform, offering an Open API Platform


An exclusive chat with S Anand, the Chief Executive Officer and Co-Founder of PaySprint

Kindly brief us about PaySprint, its specialization, and the services that your company offers? Where did the idea for your FinTech company come from?

 The Year 2020 saw India and Bharat coming to age on digital payments both on payments and acceptance. This has been purely been possible through JAMJanDhan Accounts, Aadhar & Mobile / smartphone penetration. Keeping the above 3 as core and the need for better, faster & easier technological solutions, led to the birth of PaySprint in 2020.

Fintech’s have taken the opportunity in 2020  to launch and implement various innovations for consumer growth and this has led to stronger partnership between the banking ecosystem and the Fintech’s.

At PaySprint We are pioneering strong Partnerships with the Banking ecosystem and provide Unified Open API Platform that would transform how Bharat transacts and leads to larger Consumer Adoption, Interface and Delight.

PaySprint offers developers the ability to build a vast number of use cases leveraging our REST API’s and Entrepreneur’s, Startup companies, Banking partners, NBFCs, MSME’s & Enterprises to deploy these solutions.

Why Us?

Indian economy is set to scale to a dizzying $10 Trillion Dollar very soon and the right question to ask is -How can I be part of this growth story ?

With the Jan Dhan, Aadhar and Mobile Penetration, India is taking giant strides in the banking and FinTech industry. What does this mean for us?

An Opportunity for Greater Financial Inclusion.

  • An Opportunity for Greater Adoption of Digital payments.
  • An Opportunity to  Improve Quality of Business
  • An Opportunity to innovate and reach the last mile faster.
  • An Opportunity to create Better Technological Solutions for Growth


PaySprint: Changing the Banking Ecosystem

An Unified Open API Platform that checks all the boxes below

Reduces Time to Market

Ensures & Improves Data Analytics

High Scalability

With what mission and objectives, the company was set up? In short, tell us about your journey since the inception of the company?   

 PaySprint mission is to “Help Bharat Transact

With PaySprint, a number of solutions have come together to create a platform that offers advantages for start-ups, entrepreneurs as well as MSMEs, NBFCs and others. Some of the most common benefits include:

An Open Platform that Brings All the Solutions Seamlessly Together

  • Faster and More Wholesome Integration
  • Paperless Onboarding
  • Choose Your Bank
  • A Number of Value Added Services
  • Customer Support with a Dedicated Team
  • Wide Ranging Features on a Single Dashboard
  • Plug and Play Model for Greater eValue
  • Common Wallet for all Transactions, Checks and Balances

The bottom line is that PaySprint offers you a single unified platform with myriad solutions for complete financial support.

At PaySprint, in the last 9 months since our launch we are pioneering strong partnerships with the banking ecosystem and provide a Unified Open API Platform that would transform how Bharat transacts and leads to larger consumer adoption, interface, and delight.

We have already launched 25+ Banking API’s and have onboarded 250+ partners who are in various stages of integration and go Live.

How is tech central to your business? And why do you think it’s important to see the Indian finance sector to embrace tech?

PaySprint is a Fintech. FINTECH is a combination of the words “financial” and “technology,” is a relatively new term that applies to any emerging technology that helps consumers or financial institutions deliver financial services in newer, faster ways than was traditionally available.

India’s finance sector has undergone a paradigm shift in the past two decades―evolving from physical banking to becoming digital anchors. It has witnessed a transition from the simple automation of paperwork in bank branches to today’s branchless banking paradigms that use new-age contactless technologies. role of technology has evolved from being a mere cog in the strategic framework of companies to driving, shaping and redefining business models and revenue streams.

Democratic access to the latest technological capabilities, coupled with the breakneck speed of change, has destroyed industry barriers to entry and allowed tech-centric start-ups to compete with Financial Services (FS) giants. In fact, the pace of technological advancement has led these developments to be viewed less as enablers and more as positive disruptors.

What made you choose such an offbeat, unconventional and interesting career? 

 India is expected to be  a 10 trillion dollar economy in a few years and banking & fintech are going to play a big role in achieving them. This has made me  quite excited to be part of the Indian Fintech Growth story and want to contribute in the mission to Help Bharat Transact.

Let’s together make India the next Super Power.

Tell us the different services PaySprint offers

PaySprint offers you its user a single unified platform with myriad solutions for complete financial support. Its wide-range of solutions include:


  • NEFT & IMPS: Easy Pay-outs with IMPS and NEFT for several payment needs
  • AePS: An Eye on Cash Management with AEPS so that withdrawals, balance checks and more become easy
  • BBPS: Bill Payments Solutions with BBPS technology and Fastag for Bill Collections
  • Micro ATM: Micro ATM for instant deposits and withdrawals
  • Recharges: Recharge everything from your gadgets from your phone to your TV
  • Verification: Verification made easy due to integration of email, GST, documents and more
  • KYC: KYC and Insurance made easy
  • Account Openings: Open a Bank Account with zero hassles
  • Loans: Tap into a World of Possibilities with Loans and Fiscal Solutions
  • Hotels & Flight: Book Flights, Hotels and More on the Same Platform!

Have you integrated blockchain, AI, Big Data, Analytics to set up PaySprint? How can the finance and BFSI sector make the maximum out of technology’s potential?

 At PaySprint our endeavour has been to work with the latest technological trends especially with blockchain, AI + ML and Big Data.

India’s Finance & BFSI  sector is set to move to a transformational space in the next decade. With technology increasingly becoming an imperative in the household and digital servicing domains, the day is not far when customers are likely to place their trust in robots or artificial ‘chat-bots’. Along with advancements in applications of Artificial Intelligence (AI), Machine Learning (ML), Block Chain and Robotics, FinTech seems to be the next big driver in a few years. We believe that the advent of FinTech will change current profitability metrics and enable much enhanced operational efficiency, rental savings, digital currency, robotics, quality control and analytics-driven collections strategies to replace existing KPIs. The time is right for the industry to be forward-looking in integrating upcoming technology and leveraging Data & Analytics to become much ‘smarter’ in identifying and servicing customers’ needs.

Future for PaySprint.

Our ambition is to become a Unicorn.


Please enter your comment!
Please enter your name here