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Press background on Razorpay
Company profile
Razorpay, a full-stack financial services company helps Indian businesses with comprehensive and innovative solutions built over robust technology to address the entire length and breadth of the payment and banking journey for any business. Established in 2014, the company provides technology payment solutions to over 8Mn businesses. Founded by alumni of IIT Roorkee, Shashank Kumar and Harshil Mathur, Razorpay is the second Indian company to be a part of Silicon Valley’s largest tech accelerator, Y-Combinator. Marquee investors such as Lone Pine Capital, Alkeon Capital, TCV, GIC, Tiger Global, Sequoia Capital India, Ribbit Capital, Matrix Partners, Salesforce Ventures, Y-Combinator and MasterCard have invested a total of $741.5 Mn through Series A to F in funding. A few angel investors have also invested in Razorpay’s mission to simplify payments and banking and redefine how finance works in India.
 Recent press releases
Razorpay Registered 3X Growth in Payment Volume through SMBs that went Online for the First Time during COVID in 2020

One out of Three offline businesses preferred Razorpay as their online payment partner as they went online for the first time
SMBs in Tier 2 & 3 cities contributed to 54% of Razorpay’s digital transaction volume in 2020
Company aims to invest further in new Payment T... (more)
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Amid COVID, Financial Services Sector Sees an Extraordinary 120% Growth in 2020: Razorpay Report

Tier-2 & 3 cities were a major driver for Online transactions in 2020, witnessed 92% Growth
With a safety first rule, consumers moved to online to make most of their payments, making the Bill Payments/Utilities sector witness a sizable growth of 357%, sectors like F&B and Travel... (more)
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Razorpay and PayPal Partner to Help Indian MSME's and Freelancers go Global

Continuing its efforts to empower businesses with easy access to digital payment technologies, Razorpay, India’s leading full-stack financial solutions company, today announced a partnership with PayPal, a global leader in digital payments to enable seamless international payments for MSMEs a... (more)
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RazorpayX Partners with Visa to Launch Corporate Cards to Help Small Business Owners Weather COVID-19

Razorpay, the newest FinTech Unicorn and India’s leading full-stack financial solutions company, and Visa (NYSE: V), the global leader in payments technology, today announced the launch of RazorpayX Corporate Cards. These bank-issued cards will help provide relief and stabilize the financial ... (more)
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LinkedIn Ranks Razorpay #6 in India's Top Startups List

Taking the 6th spot in LinkedIn’s Top Startups List, the leading full stack financial solutions company, Razorpay, adds yet another feather to its hat as one of the most admired places to work for in India.
 
LinkedIn’s 3rd annual Top Startups List features 10 leadi... (more)
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Struggling to Get a Business Loan? Now Borrow Money Instantly with Razorpay's 'Cash Advance' Credit Line

The pandemic has not only knocked off revenues of MSMEs’ but also disturbed their hopes of survival. In a bid to rescue MSMEs and improve their cash flows, Razorpay, the leading full-stack financial solutions company, today launched a collateral free line of credit, ‘Cash Advance’... (more)
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CB Insights Names Razorpay to the 'Fintech 250' List of Fastest-growing Fintech Startups in the World

Razorpay, the leading full stack financial solutions company, has been named to the third annual Fintech 250 by CB Insights. The Fintech 250 is a prestigious list of emerging private companies working on groundbreaking financial technology.
 
Razorpay’s growth has been ... (more)
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Razorpay Launches Payment Buttons for SMEs - Now Integrate Payment Gateway in Less than 5 Mins, No Developer Support Needed

Empowering Startups to accept payments on their own website, Razorpay, the leading full-stack financial services company, today launched Payment Buttons. Payment button enables businesses and freelancers to add a single line of code on their website or blog and go live with an integrated payment ga... (more)
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Razorpay and NPCI Launch UPI AutoPay, Recurring Payment Solution for Indian Businesses

With an intent to provide a major boost to UPI transactions and deliver an easy and secure way for consumers to make recurring payments online, Razorpay launched support for UPI AutoPay in association with NPCI at the Global Fintech Fest.
 
Harshil Mathur, CEO & Co-founder... (more)
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Razorpay to Facilitate Donations for Facebook Fundraisers

Stepping up its efforts in the COVID-19 battlefield, Razorpay, India’s leading FinTech company made an announcement today, about its support for Facebook Fundraisers in India, by enabling users with a swift, secure and seamless customer experience.
 
The FinTech major wil... (more)
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