October 14, 2026
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India’s payments authorities are consulting banks and payment companies over plans to introduce charges on large transactions through the Unified Payments Interface (UPI), according to sources familiar with the discussions. The consultations follow a change in Indian payments legislation that allows fees to be charged on UPI transactions above ₹2,000. UPI payments have so Continue Reading
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Indian fintech company Razorpay has confidentially submitted draft papers for an initial public offering (IPO) that is expected to raise around $600 million, according to a source familiar with the matter. The confidential filing route allows companies to keep regulatory documents private until they are ready to launch the public issue. The Bengaluru-based payments firm Continue Reading
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Fintech unicorn Razorpay is reportedly preparing to confidentially file draft papers for an initial public offering (IPO) in the coming weeks, signalling a cautious shift in India’s fintech sector. According to a report by The Economic Times, the Bengaluru-based digital payments firm aims to raise between $600 million and $700 million at a targeted valuation […]Continue Reading

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