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:
On every year 19th April the world observes the World Liver Day to highlight the…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
There are more than 7,000 languages spoken across the world, and each one has its…
Miss Sake India 2026 title was awarded to the Nishita Yogesh Antarkar at a prestigious…
Philippines has joined the US-led Pax Silica initiative. This initiative aims to strengthening the global…
All India Council for Technical Education has launched the 3rd edition of the flagship AICTE-VAANI…