The round was led by The Artemis Fund with Alpha Ascent Ventures, Frank Mastrangelo, Mary Wieler, and Jonathan Palmer. "The Artemis Fund invests in phenomenal female talent modernizing and diversifying wealth. Payverse is poised to transform the payments industry by making it easier and more cost-effective for businesses and consumers to transact globally. We are proud to lead the company's seed round which includes other top FinTech experts and industry leaders," said Stephanie Campbell, General Partner at The Artemis Fund.

Payverse is a payment processor focused on enabling global commerce by integrating emerging technologies. Our tagline Connectivity Unbounded truly depicts our vision of seamless payments for all merchants and consumers using any payment method. Payverse is beginning with US-based UPI acquiring and bank sponsorship models but will expand across different products and services in the coming months. Payverse's current product and service offerings include UnionPay US bank sponsorship and acquiring for all 9 billion UPI issued credit and debit cards as well as a modern, modular, end to end payment processing platform suited for existing payment processors accepting any type of payment.