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Detailed stories on technology startups, business and economic current affairs.
The fintech startup’s recurring card payments service has had a tepid start, failing to win much market share from rival BillDesk’s SiHub.

In response to the publication of this article, Razorpay clarified that its application for an NBFC licence was not rejected by the Reserve Bank of India. Further, BillDesk also routes recurring payment transactions through Razorpay's MandateHQ and the re-routing of transactions between the two players is not only one way.
When Razorpay launched MandateHQ in July 2021, it eyed an opportunity that was too big for a company of its ambition and size to pass. The Bengaluru-based fintech wanted to take on its older and larger rival BillDesk for a sizeable share of India’s burgeoning subscription payments market that was …
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
The fintech is gearing up to go public at a $5-6 billion valuation. Much like beauty, value lies in the eyes of the beholder, but public markets are rightly cross at obscene startup valuations.
The newly announced levy on UPI payments undermines the very foundation of using digital payments for stock market investing. Brokers are in a tizzy.