Page 6 - Razorpay

Hackers, fraudulent customers stole Rs 7.38 cr, complaint lodged: Razorpay

Hackers and fraudulent customers have stolen Rs 7.38 crore by tampering and manipulating the authorisation process of Razorpay

Razorpay unveils ESOP buyback sale for 650 staffers as part of $75 mn deal

This is the fintech unicorn's fourth and largest ESOP sale for existing and former employees, irrespective of ranks

How neobanks are set to disrupt $31 billion Indian fintech market

As the third largest fintech ecosystem in the world after the US and China, the Indian fintech market is poised for further disruption with the emergence of neobanks

Biryani, BSE and bills: All about a billion Razorpay transactions in FY22

One of the takeaways from data analysis is that trading activity grew 247% over previous financial year

Razorpay acquires Pune fintech startup IZealiant Tech for undisclosed sum

The acquisition of IZealiant will further strengthen Razorpay's Banking Solutions Arm to build innovative payment banking technologies for partner banks

Razorpay acquires Malaysian fintech start-up at over $19 mn valuation

Curlec deal is Razorpay's fourth acquisition overall and its first in a foreign country.

AI crucial in preventing security attacks, fraud: Razorpay co-founder

In a Q&A, Razorpay co-founder talks about opportunities that pandemic has thrown up for them to rejig their business and leverage digital technologies to serve customers

Top Headlines: White goods' prices rise; Razorpay's value now $7.2 bn

Manufacturers of consumer durable goods have hiked prices for the third time this year; Razorpay raised $375 million in the Series F round of funding at a $7.5-billion valuation

Fintech unicorn Razorpay's value jumps to $7.5 bn; up 7.5x in 15 months

Razorpay was valued at $1 billion in October 2020 and $3 billion in April 2021

Fintech unicorn Razorpay aims to achieve $90-bn TPV by the end of 2022

The firm powers payments for over 8 million businesses that include Facebook, Ola, Zomato, Swiggy

Razorpay eyes $90-bn TPV, launches new solutions to enhance experience

Fintech major Razorpay said it has seen strong growth in the number of payments processed on its platform, and it expects its total payment volume to touch $90 billion by end of next year

Karnataka sets up fintech task force with Razorpay, Zerodha founders

The task group will work towards creating a roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem

Razorpay's neobank to match payments biz in some years: CEO Harshil Mathur

In a Q&A, Mathur, who is also a co-founder of the firm, dwells on the valuation math for Razorpay, timelines for hitting profitability and the company's plan to join the IPO rush

Razorpay Launches 'TokenHQ' to help businesses comply with RBI guidelines

Almost the entire base of 5 million businesses using Razorpay's services will be ready to support tokenised card transactions.

Salesforce Ventures makes strategic investment in Indian startup Razorpay

Razorpay said this investment and partnership will make an impactful contribution to the industry and drive adoption and financial growth for underserved small businesses in the next twelve months

Digital payments continue to grow; significant growth in tier II, III towns

Digital transactions have continued to grow at a strong pace in the country with increasing acceptance in tier II and III towns, a report by fintech firm Razorpay said

Razorpay acquires Bengaluru financial risk tech company TERA Finlabs

It is Razorpay's third acquisition in almost three years and follows its foray into Business to Business lending.

Razorpay acquires TERA Finlabs; bags third firm in less than 3 years

TERA Finlabs is a Bengaluru-based startup that provides technology, risk and capital solutions.

Razorpay, Mastercard launch MandateHQ for recurring payments

To help banks comply with RBI directive and provide convenience to banks' customers, Razorpay and Mastercard have partnered to launch MandateHQ, new recurring payment interface, after RBI's new rules

Rise of digital pay: 1.5 mn small businesses adopt Razorpay in 15 months

The platform saw a growth of over 200 per cent from March last year to May this year in trans­action volume done by MSMEs.