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EZETAP ACQUISITION
Razorpay eyes omnichannel focus for offline push: sourcesOnline payments firm Razorpay has scaled back its offline expansion plans due to sluggish growth in the vertical. Following its Ezetap acqu...- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- Razorpay POS gets RBI nod for offline payment aggregator licenceWith this authorisation, Razorpay now holds all three key RBI licences-online payment aggregator, cross-border payment aggregator (secured ...
- Razorpay launches Q-Zap, new solution for faster offline billingRazorpay launches Q-Zap for offline payments, reducing billing time by 40% and operating costs by 20%. Offers seamless integrations with 12...
- Digital banking infra provider Signzy acquires Difenz at $5 million valuationThe acquisition also gives an exit to early-stage venture capital fund 8i Ventures, which had invested Rs 4.5 crore in a seed round in Dife...
- Worldline starts its own merchant acquisition in IndiaFrench payment company has been offering digital payment services in India for years, but only on behalf of banking partners. But now it in...
- Razorpay acquires BillMe to build on its omnichannel capabilitiesFounded in 2018, Mumbai-based BillMe helps merchants send digital bills to customers. It also provides customer relationship management sof...
- Retail, fintech hit as startup funding dips 35% this year: Tracxn reportRetail and fintech sectors witnessed a fall of 57% and 41%, respectively, in amounts of funds raised in 2022, according to Tracxn’s India T...
- Razorpay acquires rewards management company PoshvineThis is Razorpay’s fourth acquisition this year and the seventh overall. It comes close on the heels of its $200-million acquisition of off...
- Dunzo shifts growth gears; Shiprocket is 20th unicorn of 2022After that round, the company stepped on the gas as it looked to expand operations amid intense competition from rivals like Swiggy’s Insta...
- Razorpay buys Ezetap to tap into offline paymentsRazorpay, which is valued at more than $7 billion and offers payment gateway services for online merchants, said in a statement that the ac...
- Fintech unicorn Razorpay acquires Ezetap in a cash-and-equity dealSources told ET that Razorpay has paid $150 million for the deal, of which $100 million will be cash payouts to Ezetap’s shareholders.
- M&A deals rise as startup funding begins to slowConsolidation is also in play as many of these startups are unable to shore up a war chest to fight bigger and more well-capitalised rivals.
- Fintech company Ezetap gets $16 million US-based JS CapitalSocial Capital and Hong Kong business tycoon Li Ka-shing's Horizons Ventures also increased their stake in the company as part of this roun...
- FortunePays for Ezetap this timeThis is Ezetap's second acquisition, and the company said it will scout for more acquisitions as it looks to cover the entire gamut of paym...
- Banks now bank on fintech companies for more customersApart from increasing their customer bases and market shares, leveraging the tech innovation of startup partners has helped banks improve t...
- Mumbai-based mobile PoS player MSwipe betting on varied SMEs for expansionMumbai-based mobile PoS player MSwipe, which competes with EzeTap and iKaaz among others, is betting on the varied lot of SMEs for expansio...
- FreeCharge finds a way to top up its merchant baseIt has been signing on organised merchants through its association with Pine Labs, Ezetap, etc to facilitate payments through the FreeCharg...
- Hyperlocal firm Zopper acquires software company EasyPoSThe move is directed at raising additional revenues via point of sale solution and increasing stickiness in the network of small and medium...
- Ezetap acquires loyalty platform startup ClinknowClinknow will enable Ezetap to help merchants create their own offers, engage with existing loyal customers and drive repeat visits.
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