Entreprenuernewsnetwork

MSME Super-app, HostBooks raises $3Million in Series-A Funding from Razorpay

Micro, Small and Medium Enterprise (MSME)-focused fintech start-up HostBooks today announced that it has raised $3 Million in a Series-A funding round led by Razorpay,one of India’s Leading Full-Stack Financial Services Company. HostBooks plans to utilize the fund to not only add new features to its existing product suite but also to develop innovative products including a deep learning-based … Read more

Razorpay Acquires Payments Tech Startup IZealiant Technologies

Razorpay, a fintech unicorn, announced the purchase of IZealiant Technologies, a renowned Fintech business that provides payment technology solutions to banks, on Tuesday. IZealiant, a Pune-based business founded in 2015, delivers mobile-first, API-enabled, and cloud-ready payment processing technologies for banks and financial institutions. Commenting on the acquisition, Harshil Mathur, CEO & Co-founder of Razorpay said, … Read more

Razorpay Acquires Leading Malaysian Fintech Startup Curlec

Razorpay Software Pvt Ltd, a digital payments and financial services startup, announced on Tuesday that it has acquired a majority stake in Malaysia-based fintech firm Curlec, marking the company’s first foreign acquisition.  Curlec is a Kuala Lumpur-based company, building solutions for recurring payments for businesses of all sizes. This is our first international acquisition and … Read more

Razorpay raises $375M in Series F at a valuation of $7.5B

Razorpay

Razorpay, a fintech company founded by Lone Pine Capital, Alkeon Capital, and TCV, has secured $375 million in a Series F round led by Lone Pine Capital, Alkeon Capital, and TCV, and plans to extend its B2B payments business to Malaysia, Vietnam, Indonesia, and the Philippines by next year. Existing investors such as Tiger Global, … Read more