Fundz

Payment Solutions Provider Phicommerce Raises $10 Million In Funding Led By Beenext

Nov 28, 2023

Amount Raised

$10 Million

Round Type

Funding Round

MumbaiFinancial ServicesPaymentsE CommerceFintech

Description

PhiCommerce, a SaaS-based omnichannel payment solutions provider, has raised $10 million in a new funding round. The round was led by Beenext, a Singapore-based venture capital firm that invests in India and Southeast Asia.

Quick answer

Phi Commerce raised $10 Million in a Funding Round round, dated November 28, 2023. Phi Commerce is based in Mumbai, Maharashtra, India.

How much did Phi Commerce raise?
Phi Commerce raised $10 Million in a Funding Round round on November 28, 2023.
What does Phi Commerce do?
Phi Commerce is a digital payments fintech focused on international expansion.
Where is Phi Commerce based and how big is it?
Phi Commerce is based in Mumbai, Maharashtra, India. Fundz records about 274 employees.
Who are the decision-makers at Phi Commerce?
Fundz holds 1 contact at Phi Commerce. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Payments around the same time

Companies in the same sectors as Phi Commerce that raised within 45 days of this round, from Fundz verified event records.

  • Peloton Technologies raised $1.6M (Seed) on November 23, 2023.
  • Indy raised $44M (Funding Round) on November 21, 2023.
  • AppBrilliance, Inc. raised an undisclosed amount (Corporate Round) on November 20, 2023.
  • Blankfactor raised an undisclosed amount on November 20, 2023.
  • Silverflow raised $16M on November 16, 2023.
  • Fero raised $3M (Seed) on November 2, 2023.

Who to call at Phi Commerce, and when

A new round usually means Phi Commerce is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Phi Commerce raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Phi Commerce, from your own LinkedIn network

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Company Information

Company

Phi Commerce

Location

Mumbai, Maharashtra, India

About

Phi Commerce is a digital payments fintech focused on international expansion. The company aims to serve banks, payment processors, and large enterprises with an integrated payments infrastructure. It is building a full-stack platform spanning acquiring and issuing payments. The leadership is committed to innovating commerce and scaling operations globally.

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Fundz sees it the moment Phi Commerce raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Phi Commerce raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.