Page 8 - Razorpay

Google Pay leads UPIs in digital payments, Amazon Pay most favoured wallet

All the findings in this report are based on transactions held on the Razorpay platform from January 2018 to December 2019

Bengaluru, Delhi, Hyderabad lead e-merchant payments in 2019: Razorpay

Owing to the growth of UPI, share of wallets continue to decline despite the increase in the number of transactions, the report said.

No need to wait for 7 days: Razorpay unveils 'Instant Refunds' technology

This new feature activates refunds and credits the customer's source account across payment methods such as credit card, net banking and UPI within a minute of initiation

Razorpay acquires HR firm Opfin, launches corporate credit cards with RBL

Currently, the payments business forms 70 per cent of Razorpay's revenue and the neo-banking platform, Razorpay X along with Razorpay Capital forms the rest 30 per cent.

Razorpay acquires Gurgaon-based fraud prevention AI startup Thirdwatch

Both companies envision a future where AI will help e-commerce firms not just combat fraud but maintain a competitive advantage and significantly improve merchant profitability.

Spin-off or pivot? What lies beneath Razorpay's foray into lending

Payment solutions provider Razorpay has the hottest start-ups in its portfolio

LinkedIn recognises Razorpay among India's 25 most sought-after startup

Razorpay has bagged the 9th rank in this year's edition of LinkedIn's Top Startups list

Razorpay raises $20 mn from Tiger Global, others in Series B round

Tiger Global, Y Combinator and Matrix partners lead the round

Online payments firm Razorpay raises $20 mn from Tiger Global, Y Combinator

Payments solutions firm Razorpay today said it has raised USD 20 million in funding led by Tiger Global and Y Combinator. The series B round also saw participation from Matrix Partners. The company has raised USD 31.5 million till date, including from the present round. "We will use the funds for our next phase of growth by scaling products and bolstering our technology and expanding to newer markets like South East Asia," Razorpay CEO & Co- Founder Harshil Mathur told PTI. He added that the company has been witnessing 25-30 per cent growth month-on-month, which it hopes to continue. The company had previously raised USD 11.5 million in series A round from the same marquee investors along with 33 angel investors, and a strategic investment by MasterCard in 2016. "The cash-heavy traditional sectors and new age businesses require comprehensive and powerful products that enable more than just payment acceptance and help them scale money movement through technology. And