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Fintech startup Gullak partners with JusPay to implement UPI plugin SDK

IndianStartupNews · 1y

Bengaluru-based fintech startup Gullak has partnered with JusPay to integrate Juspay’s UPI plugin SDK - HyperUPI. This collaboration eliminates the need for users to switch to another UPI payment app during checkout, reducing payment time from 22 seconds to less than 3 seconds. Gullak aims to provide a smoother payment experience, boasting near-zero payment failure rates and eliminating redirection. The company, founded in 2022, helps users save and invest in digital gold, with a claimed GMV of $1.5 million. Gullak raised $3 million in a seed funding round in January 2023.