RBI Asks Razorpay to Pause Onboarding Merchants
Fintech giant Razorpay has been asked by the Reserve Bank of India (RBI) to pause the onboarding of new online payment merchants after the central...
Tag : Razorpay
RBI Asks Paytm to Reapply for Payment Aggregator License in 120 Days
On November 26, Paytm informed exchanges that the Reserve Bank of India (RBI) had asked to Paytm Payment Services (PPSL) to reapply for the payment...
Open Gets RBI’s In-Principle Approval For Payment Aggregator Licence
Open, a new business-to-business banking platform, has received in-principle approval from the Reserve Bank of India (RBI) for a Payment Aggregator (PA) license, the company...
PhonePe Tokenises 14 Million Cards Ahead of RBI’s September 30 Deadline
PhonePe said Thursday that it had flagged 14 million credit and debit cards on its platform by the Reserve Bank of India’s (RBI) information security...
Razorpay Appoints Murali Brahmadesam as New CTO
Murali Brahmadesam, a former executive of Amazon Web Services (AWS), has been appointed Chief Technology Officer (CTO) in Razorpay. He will handle the role of...
WhatsApp Partners with RazorpayX to Power Seamless Cashback Transactions via UPI
WhatsApp Payments launches a cashback campaign for users nationwide. RazorpayX, Razorpay‘s new banking arm, has become a technology partner for WhatsApp payments, providing users across...
Matrix Partners to Raise $450 Million for New India Fund
Matrix Partners India is a subsidiary of US venture capital (VC) firm Matrix Partners, which has backed unicorns such as Ola and Razorpay, according to...
Y-Combinator-Backed BharatX Raises $4.5M In Seed Round
Bengaluru-based fintech startup BharatX has raised $4.5 million in seed funding from Y Combinator, 8i Ventures, Multiply Ventures, Soma Capital and other investors to enter...
Razorpay Acquires Malaysian Fintech Start-Up at Over $19 Mn Valuation
Razorpay has acquired a majority stake in Curlec in a deal that values the Malaysian payments start-up at more than $19 million. Razorpay will full...
Razorpay to Buy Majority Stake in Ezetap
Razorpay is in early talks to acquire a majority stake in Ezetap Mobile Solutions Pvt. Ltd. Byas Nambisan, CEO of Ezetap, confirmed that his company...