Amid the controversy over sharing transaction data of Alt News with the Delhi Police, Razorpay Co-founder and CEO Harshil Mathur said that it was necessary for them to comply with the legal request
Payment aggregators enable e-commerce sites and merchants to accept payment instruments from customers without the need for merchants to create their own payment integration system
'Handed over data after receiving official notice,' says the fintech platform
Technology veteran will lead fintech unicorn's engineering strategy and development
Hostbooks intends to utilise the Series-A funding to further scale its operations and enhance its existing product suite
Fraudsters were using the browser to tamper with authorisation data on some merchant sites that were using an older version of Razorpay's integration
Hackers and fraudulent customers have stolen Rs 7.38 crore by tampering and manipulating the authorisation process of Razorpay
This is the fintech unicorn's fourth and largest ESOP sale for existing and former employees, irrespective of ranks
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
One of the takeaways from data analysis is that trading activity grew 247% over previous financial year
The acquisition of IZealiant will further strengthen Razorpay's Banking Solutions Arm to build innovative payment banking technologies for partner banks
Curlec deal is Razorpay's fourth acquisition overall and its first in a foreign country.
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
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
Razorpay was valued at $1 billion in October 2020 and $3 billion in April 2021
The firm powers payments for over 8 million businesses that include Facebook, Ola, Zomato, Swiggy
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
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
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
Almost the entire base of 5 million businesses using Razorpay's services will be ready to support tokenised card transactions.