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 has maintained its medal winning momentum at the Asian Games 2026 in Aichi-Nagoya, Japan…
Respectable Assam Chief Minister Himanta Biswa Sarma announced on 21st of September 2026 that the…
Music director Shantanu Moitra is to be honored with the National Lata Mangeshkar Award 2026…
An international collaboration which was headed by Indian researchers discovered that eRASSU J060839.5–704014, also called…
Pi Mari-i, who was a teacher and now a farmer, hails from Mizoram and has…
NASA selected PRIMA (PRobe far-Infrared Mission for Astrophysics) to move into Phase B, the stage…