SalarySe secures $5.25 million in seed funding from Peak XV Surge, Pravega

SalarySe, a fintech company that offers Credit-on-UPI, on Tuesday raised $5.25 million in seed funding led by Surge, Peak XV’s rapid scale-up program, and Pravega Ventures.

The company has plans to develop a tech stack for the credit-on-UPI (Unified Payments Interface) product and drive its adoption in the country with the latest round of funding.

The Gurugram-based fintech company has plans to launch the Credit-on-UPI service for salaried employees in the upcoming months.