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Simpl raises $40m in Series B funding

India based BNPL startup raised $40m in Series B funding led by Valar Ventures and IA Ventures. 

“We built a full-stack checkout platform that gives merchants ultimate control of the user experience and helps them build trust with consumers at checkout. Simpl is like a Khata or a Tab for online commerce. This intuitive user experience, built on the bedrock of trust, will enable a larger e-commerce market and will lead to greater adoption of mobile payments in India and the rest of the world,” he said.

Tags

bnpl, india, emerging markets, payments