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:
PART A: FOUNDATIONAL VISION Government's Core Commitment (Sankalp) • Transform aspirations into tangible achievements and…
While presenting the Union Budget 2026-27, Finance Minister Nirmala Sitharaman laid out a clear philosophical…
India is making a decisive move to secure its future in high-tech and strategic manufacturing.…
Finance Minister Nirmala Sitharaman present her ninth Budget in the Parliament today (February 1, 2026).…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
India’s economic future is increasingly tied to industries that are still evolving but promise massive…