Razorpay Hits $150 Billion TPV Milestone and Unveils Innovative Solutions
- ByStartupStory | February 23, 2024
At its flagship event FTX’24, fintech firm Razorpay announced surpassing the milestone of $150 billion in total payment volume (TPV). Alongside, it introduced Payment Gateway 3.0, aiming to enhance the entire buyer journey, not just the payment process. Additionally, the company unveiled RAY, an AI assistant for ecommerce businesses to address various payment-related issues and streamline operations.
The event witnessed participation from over 2,000 founders and featured insights from 30 speakers, marking its fifth edition. Shashank Kumar, MD and Co-founder of Razorpay, highlighted the company’s commitment to innovation, stating, “Innovation is at the front and centre of everything we do at Razorpay.”
Kumar emphasized Razorpay’s dedication to fostering an ecosystem conducive to business growth and customer transformation. He remarked, “We believe it is our responsibility to create an ecosystem where businesses are supercharged to… transform the lives of their end-customers.”
Moreover, Kumar expressed Razorpay’s strategic focus on leveraging AI technology, stating, “Razorpay is seriously looking into leveraging AI.” This signifies the company’s proactive approach towards harnessing cutting-edge technology to drive further advancements in financial services and customer experiences.
Follow Startup Story
Related Posts
