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:
The Indian Navy has assumed command of Combined Task Force 154 (CTF-154) under the Combined…
The clash between India and Pakistan is not just a cricket match — it is…
Kerala Chief Minister Pinarayi Vijayan officially launched the Sthree Suraksha Scheme on February 11, 2026,…
Prime Minister Narendra Modi inaugurated Seva Teerth in New Delhi on February 13, 2026, marking…
In a proud moment for India, two senior ophthalmologists from Puducherry have been selected for…
Zimbabwe pulled off a stunning 23-run victory over Australia in their ICC Men’s T20 World…