Traditional banks are using neobanks to reach out to tech-savvy customers: reportAccording to the Redseer report, collaboration benefits both, giving neobanks a strong footing and traditional banks access to young custom...
SMEs lose Rs 67 lakh annually due to outdated ways of managing finances: StudyThe study attempted to answer some questions around digital adoption by SMEs and what is stopping them from modernizing their finance funct...
Razorpay’s valuation rises to $7.5 billion after $375-million fundingRazorpay’s valuation has increased by more than seven times since it turned unicorn in October 2020 due to a pandemic-induced surge in dema...
Razorpay eyes $90 billion TPV by 2022, launches new solutions to enhance payment experienceThe unicorn, which is backed by investors like Tiger Global, Sequoia Capital India and Mastercard, has announced the launch of three new pr...
Razorpay set to achieve $90 billion TPV by 2022, launches products to help SMEsRazorpay’s new products will help SMEs spend less time managing compliance and operations and more time creating new products.
Razorpay value may double in new funding round$200-250 million round may see valuation of payment startup jump to $5.5-6 billion
Total salary spends by startups increased by 43%between April & Sept 2021: RazorpayX Payroll InsightShashank Kumar, CTO and Co-Founder, Razorpay said in a release: “Businesses across industries are on the road to recovery and these insight...
Neobanking startup Open raises $100 million from Temasek, Google, othersPost this funding, Open is now valued at $500 million compared to around $150 million in a previous funding round.
Explained: Neobanks, the next evolution of bankingMany might confuse neobanks with digital banks. Both are similar in that they offer banking services through smartphones and other devices....
Salesforce Ventures makes 'strategic' investment in RazorpayThe "strategic" investment will also help Razorpay expand its services in Southeast Asian markets, Harshil Mathur, the chief executive and ...
Effitrac Solutions partners RazorpayX to empower MSME customersThe banking platform will empower Effitrac customers with payout links, book-keeping in autopilot mode, automated TDS, and give them access...
5 things to know about the Neo BanksThese banks leverage technology and Artificial Intelligence to provide personalised services to their customers and minimise operating cost...
Scoop: Razorpay looks at $2 billion valuation in new funding roundFintech startup Razorpay is in talks with existing investors such as GIC, Tiger Global and Sequoia Capital to raise $150-200 million at nea...
Razorpay sets sight to achieve $50 billion TPV by 2021In the last six months, Razorpay has witnessed a 40-45% month-on-month growth. The company recently became an unicorn.
ETtech Deals Digest: Razorpay, Zomato, Ninjacart raise funds this weekA quick look at this week's most important investments in the tech and startup space.
GIC, Sequoia in Razorpay's $100 million round; valuation may hit $1 billionRazorpay will focus on rolling out products related to vendor management, invoice management, tax payment and expense management for Razorp...
Covid-19 impact: Neobanks like Jupiter, RazorpayX, Niyo, Open rework plansAs funding falls amidst a crisis in the credit business, startups see consolidation in the space.