Moneycontrol PRO
you are here: HomeNewsRazorpay
razorpay
Jump to
26 Results Found
  • Neobanks to seek clarity from Niti Aayog on digital banking licence suggestions Nov 25, 2021 01:52 PM IST

    Neobanks to seek clarity from Niti Aayog on digital banking licence suggestions

    Licensing will allow unregulated neobanks to eventually operate as full-stack digital banks on meeting certain specified requirements.

  • KDEM sets up fintech task group headed by Razorpay CEO Harshil Mathur Nov 18, 2021 08:14 PM IST

    KDEM sets up fintech task group headed by Razorpay CEO Harshil Mathur

    The task group will work towards creating a projected roadmap for the growth of the industry, identifying the opportunities and challenges faced by the fintech ecosystem in the state and leverage the partnering institutions and government to solve for them.

  • No respite from recurring payments disruption even a month after new norms kick in Nov 04, 2021 08:16 AM IST

    No respite from recurring payments disruption even a month after new norms kick in

    Banks, payment aggregators and card companies had until September 30 to cancel standing instructions for recurring payments.

  • PhonePe introduces tokenisation solution ahead of RBI’s December 31 deadline Nov 02, 2021 01:57 PM IST

    PhonePe introduces tokenisation solution ahead of RBI’s December 31 deadline

    PhonePe SafeCard will allow the company’s merchant partners to create, process, delete and modify tokens for online card payments and use tokenisation on their own platforms via APIs.

  • PayU launches tokenisation solution 'PayU Token Hub' with Visa, Mastercard Oct 28, 2021 01:43 PM IST

    PayU launches tokenisation solution 'PayU Token Hub' with Visa, Mastercard

    RBI has disallowed businesses, payment aggregators and acquiring banks from storing customers' credit/debit/prepaid card data.

  • Neobank Jupiter opens up platform for more users, to look at lending next Oct 26, 2021 10:00 AM IST

    Neobank Jupiter opens up platform for more users, to look at lending next

    Jupiter is opening up its platform for users in an invite-only mode, and plans to onboard 1 million users in the next six months.

  • Visa closes $5 million investment as part of Open’s Series C fundraise Oct 25, 2021 08:52 PM IST

    Visa closes $5 million investment as part of Open’s Series C fundraise

    Open had announced on October 12 that it raised $100 million in its Series C round led by Temasek and that it plans to use the funding to further strengthen its new product lines and foray into global markets.

  • Razorpay launches 'TokenHQ' card in partnership with Mastercard, RuPay and Visa Oct 23, 2021 03:37 PM IST

    Razorpay launches 'TokenHQ' card in partnership with Mastercard, RuPay and Visa

    Razorpay TokenHQ is aimed at helping end-customers to continue experiencing the convenience of saved card transactions. This is a multi-network Card-on-File (CoF) Tokenisation solution which works across all major card networks including Mastercard, RuPay, and Visa.

  • Fintechs that do not collaborate with ecosystem will get wiped out: Razorpay co-founder Sep 28, 2021 02:00 PM IST

    Fintechs that do not collaborate with ecosystem will get wiped out: Razorpay co-founder

    Razorpay co-founders Harshil Mathur and Shashank Kumar believe that collaboration with banks, regulators and other startups drives growth for fintechs. Mathur also added that the Indian payments space has a lot more headroom to grow.

  • Exclusive | Razorpay Investment: Salesforce says India a priority market, will see more investments from firm Sep 20, 2021 11:13 PM IST

    Exclusive | Razorpay Investment: Salesforce says India a priority market, will see more investments from firm

    Razorpay had announced its Series E fundraise of $160 million in April this year, which tripled the company’s valuation to $3 billion in less than six months since it became a unicorn (a startup valued at $1 billion).

  • Salesforce Ventures invests in digital payments firm Razorpay Sep 20, 2021 10:03 PM IST

    Salesforce Ventures invests in digital payments firm Razorpay

    The company said this fund infusion will accelerate its growth in modernising the financial infrastructure for small businesses and large enterprises by providing automated payment and business banking solutions.

  • EXCLUSIVE | 10 mobile apps using Razorpay payment gateway expose transaction keys Sep 16, 2021 04:03 PM IST

    EXCLUSIVE | 10 mobile apps using Razorpay payment gateway expose transaction keys

    CloudSEK said leaked API details can be exploited to gain personal details of users, like phone numbers and email addresses, and also to initiate unauthorised refunds. Mobile applications of companies like Isha Foundation, Zify and Ruptok named in the report.

  • Capital Float expands its BNPL boutique services with Walnut 369 Aug 19, 2021 03:20 PM IST

    Capital Float expands its BNPL boutique services with Walnut 369

    With the ongoing COVID-19 pandemic having completely transformed our income and spending patterns, liquidity situations, and strengthening our digital payment habits, the Indian fintech sector garnered investments worth 1,402.8 billion just in the first half of 2021.

  • Cryptocurrency platform WazirX sees 2,648% growth in user sign-ups from tier-II, -III cities Aug 11, 2021 10:28 PM IST

    Cryptocurrency platform WazirX sees 2,648% growth in user sign-ups from tier-II, -III cities

    WazirX in a statement said the influx of cheaper and faster internet clubbed with continuously-lowered smartphone prices have led to rapid internet penetration in the semi-urban cities and rural towns of India.

  • You always find time for what you love, says Razorpay co-founder Shashank Kumar on books Aug 08, 2021 10:11 PM IST

    You always find time for what you love, says Razorpay co-founder Shashank Kumar on books

    Razorpay co-founder Shashank Kumar discusses his love for books and books that helped him build Razorpay, among other things

  • Razorpay acquires TERA Finlabs Jul 19, 2021 10:00 AM IST

    Razorpay acquires TERA Finlabs

    TERA Finlabs is an Indian subsidiary of UK-based digital lender, GAIN Credit.

  • Razorpay raises $160 mn, valuation trebles to $3 bn in six months: Watch interview with co-founder Harshil Mathur Apr 19, 2021 03:45 PM IST

    Razorpay raises $160 mn, valuation trebles to $3 bn in six months: Watch interview with co-founder Harshil Mathur

    The funding boom continues for the Indian startup ecosystem. Digital payments and business banking platform Razorpay said it has raised $160 million in its Series E round of funding, at a valuation of $3 billion, barely six months after it raised funding that valued it at a billion dollar, underlining the huge funding interest in the current environment. In an interview with Moneycontrol's Chandra R Srikanth, Razorpay co-founder and CEO Harshil Mathur said the money will be used to expand its digital payments business in South East Asia, make acquisitions and build out its neo banking platform, with plans to hire over 600 employees. The round was co-led by its existing investors GIC and Sequoia India, with Ribbit Capital, Matrix Partners, and Tiger Global also participating.

  • Razorpay raises $160 million, valuation triples to $3 billion in six months Apr 19, 2021 07:18 AM IST

    Razorpay raises $160 million, valuation triples to $3 billion in six months

    Razorpay will use the funding to take its digital payments offering to South East Asia, make acquisitions and build out its neo-banking platform.

  • Razorpay in talks with GIC for $150-200 million investment at valuation of $2 billion: Report Feb 25, 2021 11:04 AM IST

    Razorpay in talks with GIC for $150-200 million investment at valuation of $2 billion: Report

    If the funding goes through, this would be the fastest an Indian startup has increased valuation

  • Aim to onboard 5 million SMBs, invest heavily in strengthening security infrastructure: Razorpay Feb 04, 2021 03:38 PM IST

    Aim to onboard 5 million SMBs, invest heavily in strengthening security infrastructure: Razorpay

    The payments solutions provider — which has onboarded 7 lakh SMBs, startups and freelancers in the past 12 months — also plans to invest in strengthening security and fraud analytics infrastructure and building hyperlocal solutions.

  • Small town India and freelancers will help Indian economy achieve the $5 trillion size: Report Jan 12, 2021 07:39 PM IST

    Small town India and freelancers will help Indian economy achieve the $5 trillion size: Report

    While COVID-19 caused digital payment volumes to decline by more than 30 percent in the first half of 2020, in the months between September and December, the volumes jumped 40 to 45 percent.

  • Razorpay eyes $50 billion digital payment volume by December 2021, launches new products Dec 18, 2020 10:10 PM IST

    Razorpay eyes $50 billion digital payment volume by December 2021, launches new products

    RazorpayX (its neo-banking platform) has partnered with Plum and ICICI Lombard and will offer health insurance to companies with teams as small as two employees.

  • Razorpay raises Rs 731 crore in new funding round to become sixth Indian unicorn despite COVID-19 Oct 12, 2020 12:25 PM IST

    Razorpay raises Rs 731 crore in new funding round to become sixth Indian unicorn despite COVID-19

    This round values Razorpay at over $1 billion, making it the sixth Indian company to hit unicorn status this year – despite an overall subdued environment due to the COVID-19 pandemic

  • Overall digital payments volume dips 30%, UPI payments fall 37% Apr 24, 2020 08:32 PM IST

    Overall digital payments volume dips 30%, UPI payments fall 37%

    Razorpay data shows that sectors like entertainment, bill payments have gone up while travel, real estate transactions are down more than 80 percent.

  • Razorpay releases ‘The Era of Rising FinTech Report’ Jan 21, 2020 08:36 PM IST

    Razorpay releases ‘The Era of Rising FinTech Report’

    Digital transactions in Delhi NCR grew by 235 percent from 2018 (Jan-Dec) to 2019 (Jan-Dec).

Sections
ISO 27001 - BSI Assurance Mark