inai, a no-code platform for handling payments, has brought $4 million up in its seed round drove by Berlin-based Paua Ventures and 9Unicorns.

Phenomenal Capital, Soma Capital, Anarko adventures, Better Capital, and Gemba Capital alongside private backers, for example, Sriram Krishnan, Kunal Shah, Lenny Rachitsky, Matt Robinson and others have likewise participated in the round.

According to inai, the assets will be utilized to strengthen its technology group, to expand its item portfolio and to construct deals and marketing.

Established by Anantharaman Pattabiraman and Karthik Narayanan, inai interfaces various payment strategies and payment gateways in one basic integration. It permits traders to oversee checkout, payments, subscriptions, discounts, cancellation and chargebacks.

The startup asserts that it permits vendors to go live within an hour with an international payment stack that is enhanced for every market they need to operate in and assume liability for their payment data.

Also, inai gives a rich software layer to help distinctive subscription models for an internet business vendor or a SaaS business to sell across different topographies.

inai is a piece of Y Combinator’s Summer 2021 companion for startups.