PaySprint Disrupts Business Banking with SprintNXT & SprintVerify: A Game-Changer for India’s Fintech Landscape

India’s business banking landscape is undergoing a major transformation, and at the forefront of this revolution is PaySprint. With a mission to simplify and enhance B2B financial services, PaySprint has introduced SprintNXT and SprintVerify, two cutting-edge solutions designed to tackle the most pressing challenges faced by businesses today.

From a Coffee Conversation to Industry Disruption: The Story Behind SprintNXT & SprintVerify

During a routine client discussion over coffee, the PaySprint team uncovered a glaring gap in the market—while consumer-facing financial solutions were thriving, B2B enterprises struggled with inefficient payouts, collections, and verification systems. Recognizing the need for seamless, scalable solutions, PaySprint set out to redefine industry standards.

SprintNXT, launched in 2024, is a next-generation business banking platform designed to simplify transactions through UPI API, seamless payouts, and QR solutions for merchants. While consumer needs have always driven fintech innovation, SprintNXT ensures that businesses—especially SMEs—are no longer left behind.

Building upon this, SprintVerify was introduced to address the increasing demand for secure and efficient identity verification. As fraud risks soared, businesses needed a reliable verification suite to protect transactions and streamline onboarding. SprintVerify, with its 120+ verification APIs, emerged as a comprehensive solution, exceeding industry benchmarks with advanced document authentication and identity checks.

CANDY: AI-Powered Identity Verification for the Digital Era

At the core of SprintVerify is CANDY, a no-code, AI-driven identity verification platform designed to automate business workflows and eliminate friction in customer onboarding. Unlike traditional manual verification methods, CANDY leverages artificial intelligence to guide users seamlessly through the verification process, ensuring accuracy and speed.

Why Businesses Are Switching to CANDY:

• No-Code Integration: Plug-and-play setup without the need for developers.
• 100+ Identity Checks: Biometric authentication, document validation, and fraud detection—all in one platform.
• Customizable & Scalable: Tailored solutions for banking, HR, fintech, and beyond.
• Regulatory Compliance Made Simple: Built-in frameworks ensure businesses stay ahead of evolving regulations.

“Verification shouldn’t be a roadblock—it should be an enabler,” said S Anand, Founder & CEO of PaySprint. “That’s exactly what CANDY does. It empowers businesses of all sizes with seamless identity verification, helping them onboard customers with confidence and efficiency.”

Beyond SprintNXT & SprintVerify: What’s Next for PaySprint?

India’s digital payments market is on a 20% CAGR growth trajectory (NASSCOM), and PaySprint is committed to driving innovation in the fintech space. With over 5,100 partners, the company is now expanding its portfolio with SprintEXcrow, a next-generation escrow solution designed to enhance security and trust in business transactions.

With trustees overseeing transactions, SprintEXcrow ensures transparency and risk-free dealings, providing businesses with the confidence they need to operate in today’s fast-paced digital economy.

Bridging the Financial Inclusion Gap in India

Financial inclusion is a core focus for PaySprint. By offering seamless, easy-to-deploy fintech solutions, the company is enabling micro-businesses, rural entrepreneurs, and SMEs to access modern financial infrastructure. From digital payments to verification APIs, PaySprint’s solutions ensure that businesses in India’s remotest regions can thrive in an increasingly digital world.

The Road Ahead for PaySprint

With numerous industry awards and a rapidly expanding partner network, PaySprint continues to cement its position as a leader in B2B fintech innovation. As the Indian fintech landscape evolves, the company is set to play a pivotal role in simplifying banking, payments, and verification for businesses across diverse industries, including NBFC, travel, logistics, and education.

“We are just getting started,” added S Anand. “Our vision is to power businesses across India with cutting-edge fintech solutions that make banking effortless. From the smallest village to the largest city, PaySprint is here to redefine business banking.”