Accel Partners has invested an undisclosed sum in enStage, California based payment solution company (development and processing center in Bangalore).
enStage offers an enterprise level payment platform that enables financial institutions and other service providers to deploy and manage a host of payment solutions.
enStage provides payment solutions in prepaid, online as well as mobile payments and some of their Indian clients include HDFC, Andhra Bank and Karur Vyasya Bank.
Some of Accel’s earlier investment includes HealthCareMagic, Chakpak, TooStep, Kaati Zone etc.
Also see: Accel India closes $60mn Fund
