Razorpay has expanded into South-East Asia with the acquisition of a majority stake in a Malaysian fintech firm Curlec, valuing the company between $19-20 million. Razorpay expects to complete the full acquisition in the next one-and-a-half years. The Kuala Lumpur-based, Curlec builds solutions for recurring payments for businesses. This marks Razorpay’s fourth acquisition overall and its first in the international markets.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
This acquisition will allow us to quickly ramp up and start scaling in Southeast Asia as a market. Curlec has been powering recurring payments for multiple companies in the Malaysian market. With them as part of this team, we will have a local team that understands the nuances of the market in Malaysia and Southeast Asia at large.
Important takeaways for all competitive exams:
India is a major milestone in the area of artificial intelligence with its current rankings…
A commemorative postage stamp was issued by the Vice-President of India, Shri C. P. Radhakrishnan,…
Reserve Bank of India (RBI) released its final directions on the ‘Maintenance of Cash Credit…
A pathbreaking development for India's media scene, senior journalist Sangeeta Barooah Pisharoty was elected as…
The IBPS RRB PO Mains Exam will be held on 28 December 2025, and candidates…
Welcome to the November 2025 Edition of the Affairs PDF – your all-inclusive monthly guide to…