Spense Raises $2.8M in Seed Funding
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- Spense, a Bangalore, India-based developer of an embedded fintech and digital payment orchestration platform, raised $2.8m in seed funding. The investment round was led by Arkam Ventures, with participation from Razorpay Ventures and GrowthCap Ventures. The company intends to use the capital to expand its core product engineering team, enhance its embedded financial middleware infrastructure, and accelerate customer acquisition across the enterprise merchant market. Spense develops specialized business tools engineered to let corporate enterprises, digital platforms, and creators seamlessly embed customized checkout flows, automated payout structures, and local payment collection rails into their existing digital environments. The company's low-code API frameworks integrates with modern mobile applications, and handles high-volume transaction settlements for regional brands. Don't just read the news. Own the data. Stop manually tracking deals. Access this round and over 100 others this week - in our structured Master Database (XML) + Weekly Intelligence PDF. 👉 [ Access FinSMEs Intelligence Hub ] FinSMEs 06/07/2026