PayGlocal Reviews

PayGlocal Technologies Private Limited is a prominent Indian fintech company specializing in cross-border payment processing and global commerce solutions. Founded in March 2021 by former Visa professionals Prachi Dharani, Rohit Sukhija, and Yogesh Lokhande, the company was established to address long-standing challenges in international commerce, such as low transaction approval rates, long settlement cycles, complex foreign exchange conversion limitations, and high merchant risk exposure. Prachi Dharani serves as the Chief Executive Officer (CEO), Yogesh Lokhande as the Chief Technology Officer (CTO), and Rohit Sukhija as the Chief Product Officer (CPO). Headquartered in Bengaluru, Karnataka, the company operates primarily as an unlisted private limited platform dedicated to enabling Indian merchants, e-commerce entities, online exporters, and freelancers to securely accept payments from international consumers. The core product suite of PayGlocal includes a highly scalable international payment gateway, multi-currency accounts (MCA), marketplace settlement tools, and recurring billing infrastructure. The platform allows merchants to accept over 100 global currencies across 180 countries, leveraging diverse payment instruments such as international credit and debit cards, local alternative payment methods (including Klarna, Sofort, Trustly, GrabPay, and Apple Pay), and inbound UPI channels. Its proprietary smart transaction orchestration and routing engine actively mitigates transaction failures by introducing targeted risk interventions before and after the processing leg, resulting in enhanced merchant discount rates (MDR). Additionally, PayGlocal offers comprehensive risk management, advanced encryption standards, chargeback protection guarantees, and fraud prevention tools that actively filter out suspicious transactions. From a regulatory standpoint, PayGlocal holds necessary authorizations from the Reserve Bank of India (RBI), including the Cross-Border Payment Aggregator for Import and Export (PA-CB I&O) and Payment Aggregator (PA-O) licenses. It maintains strict compliance with global security frameworks, including PCI DSS, ISO 27001, ISO 27701, and SOC 2. For tax compliance and reporting, the company coordinates with partner banks to systematically generate Electronic Foreign Inward Remittance Advices (eFIRA) and Foreign Inward Remittance Certificates (FIRC) immediately following settlement. Financially, PayGlocal operates a volume-based transactional pricing model with no monthly upkeep or setup fees. Its standard tier begins at approximately 2.75% per international card transaction, alongside specific variable structures for multi-currency invoicing. Since its inception, the company has raised approximately $17 million in equity financing over multiple rounds. Its early investment history includes a April 2021 seed round and a subsequently closed Series B funding round in June 2022. The firm is backed by top-tier global venture firms, including Peak XV Partners (formerly Sequoia Capital India & SEA), Tiger Global Management, BEENEXT, QED Innovation Labs, and the MasterCard Start Path program. PayGlocal manages an active employee base fluctuating between 110 and 130 financial technology professionals.

Employee review

Impactful work and a team that genuinely has your back.

Employee review

Flexible, respectful environment with clear growth paths.