Razorpay: Razorpay enters Singapore; targets $5 billion in payment volume from Southeast Asia over two years

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ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-payments” target=”_blank”>Digital payments firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/razorpay”>Razorpay is expanding to Singapore and aims to process $5 billion in total ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/payment-volume” target=”_blank”>payment volume (TPV) from domestic and cross-border transactions in the region over the next two years, according to a senior executive.

The company, which currently processes around $1 billion in TPV in the region, has entered Singapore after Malaysia, cofounder and managing director Shashank Kumar told ET.

This move aligns with Razorpay’s broader goal of reaching $400 billion in TPV globally by 2030.

TPV refers to the total value of transactions…



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Razorpay: Razorpay enters Singapore; targets $5 billion in payment volume from Southeast Asia over two years


ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-payments” target=”_blank”>Digital payments firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/razorpay”>Razorpay is expanding to Singapore and aims to process $5 billion in total ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/payment-volume” target=”_blank”>payment volume (TPV) from domestic and cross-border transactions in the region over the next two years, according to a senior executive.

The company, which currently processes around $1 billion in TPV in the region, has entered Singapore after Malaysia, cofounder and managing director Shashank Kumar told ET.

This move aligns with Razorpay’s broader goal of reaching $400 billion in TPV globally by 2030.

TPV refers to the total value of transactions…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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