Payment Aggregator

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

Exclusive: Former PayU CBO Sudhir Sehgal joining Paytm, say sources

05 Jun 2025, 10:54 AM

Sudhir Sehgal is set to join Paytm Payments Services Limited as Chief Operating Officer.

PayPal, Worldline get RBI approval to operate as cross-border PA

PayPal, Worldline get RBI approval to operate as cross-border PA

29 May 2025, 17:17 PM

Earlier this year, two startups Skydo and BriskPe were granted in-principle authorization to act as a cross-border payment aggregator (PA-CB).

Razorpay flips back to India at a $150 million cost

Razorpay flips back to India at a $150 million cost

29 May 2025, 17:00 PM

The development comes weeks after Razorpay officially restructured itself into a public limited company, a key step toward its anticipated IPO.

Infibeam Avenues posts jump in FY25 revenue and net profit

Infibeam Avenues posts jump in FY25 revenue and net profit

29 May 2025, 14:57 PM

The payment aggregator's Q4 FY25 revenue from operations increased year-over-year to Rs 1,160 crore, from Rs 716 crore in Q4FY24.

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

Exclusive: PayU receives final nod from RBI to operate as payment aggregator

13 May 2025, 18:57 PM

The Gurugram-based fintech received an in-principle approval from the central bank in April 2024 to operate as a payment aggregator.

BillDesk reports decline in FY24 revenue, profits

BillDesk reports decline in FY24 revenue, profits

13 May 2025, 13:04 PM

BillDesk posted a 14.8% drop in profit to Rs 121 crore in FY24, from Rs 142 crore in FY23.

MobiKwik

MobiKwik's Zaakpay gets final nod from RBI to operate as payment aggregator

30 Apr 2025, 22:32 PM

In October 2023, the firm had received in-principle authorization from the RBI to operate as a payment aggregator.

Razorpay converts into public entity amidst reverse flipping back to India

Razorpay converts into public entity amidst reverse flipping back to India

20 Apr 2025, 20:55 PM

This development follows the recent approval of the merger between Razorpay Inc. and Razorpay India by the Regional Director in Hyderabad.

PB Fintech gets RBI

PB Fintech gets RBI's in-principle nod to operate as payment aggregator

16 Apr 2025, 11:41 AM

In March 2024, the company announced incorporation of a wholly owned subsidiary under the name of 'PB Pay' to carry on the business of payment aggregator.

Cashfree appoints ex-Bandhan AMC exec Piyush Anchliya as its CFO

Cashfree appoints ex-Bandhan AMC exec Piyush Anchliya as its CFO

16 Apr 2025, 10:30 AM

Anchliya replaces Vikas Guru, who served as CFO at Cashfree for nearly four years.

BharatPe secures final RBI nod to operate as payment aggregator

BharatPe secures final RBI nod to operate as payment aggregator

10 Apr 2025, 02:27 AM

The Delhi-based digital payments giant received its in-principle approval from the central bank in January 2023.

Easebuzz raises $30 million funding led by Bessemer Venture Partners

Easebuzz raises $30 million funding led by Bessemer Venture Partners

07 Apr 2025, 16:11 PM

The round, which is a mix of primary (Rs 200 crore) and secondary financing (Rs 40 crore), also included existing investors 8i Ventures and Varanium Capital.

Exclusive: Paytm’s payment aggregator unit fires all senior executives

Exclusive: Paytm’s payment aggregator unit fires all senior executives

04 Apr 2025, 15:08 PM

Nearly 10-15 senior executives—at the AVP, VP, and SVP levels—have been let go from Paytm Payments Services Limited, which is still awaiting its final PA licence from the RBI.

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

Orchestrating an Exit: Why payment aggregators are moving away from Juspay

02 Apr 2025, 11:37 AM

Razorpay, Cashfree, Paytm, and PhonePe are taking control back, ditching third-party routers. But what about merchants—are they embracing the change or caught in the chaos?

RBI invites applications for SRO in account aggregator space

RBI invites applications for SRO in account aggregator space

17 Mar 2025, 19:16 PM

In its notification, the central bank said that the interested parties should apply through the PRAVAAH portal before June 15.

Infibeam Avenues restructures UAE unit as it plans ADX listing

Infibeam Avenues restructures UAE unit as it plans ADX listing

12 Mar 2025, 17:21 PM

The restructuring involves transferring the mirror shareholding in Avenues World FZ-LLC to Infibeam Avenues ME SPV Ltd, a newly formed entity in Abu Dhabi.

Easebuzz gets final nod from RBI to operate as payment aggregator

Easebuzz gets final nod from RBI to operate as payment aggregator

12 Feb 2025, 20:54 PM

Easebuzz claims it processes an annualized gross transaction value (GTV) of $30 billion, serving more than two lakh businesses.

Razorpay promotes Khilan Haria as its chief product officer

Razorpay promotes Khilan Haria as its chief product officer

12 Feb 2025, 20:37 PM

Haria, who joined Razorpay in 2019, previously served as senior vice president-product at the Bengaluru-based payment aggregator.

Infibeam Avenues’ Rediff.com secures UPI payments licence

Infibeam Avenues’ Rediff.com secures UPI payments licence

12 Feb 2025, 19:00 PM

This license from NPCI enables RediffPay to offer Unified Payments Interface (UPI) services to its users.

Fintech Hightlights

  1. PhonePe acquires Gupshup's GSPay IP to launch UPI on feature phones

  2. API infra firm Decentro raises Rs 30 crore in Series B led by Info Edge

  3. Walmart-owned Flipkart gets NBFC licence from the Reserve Bank of India

  4. LoanTap raises Rs 74 crore to double down on supply chain financing

  5. Agri loan startup Arya.ag appoints ex-Indifi exec as group CFO

  6. Read more highlights...

Editor's Pick

  1. Madras HC grants anticipatory bail to Strata founder in email impersonation case

  2. Exclusive: Paytm’s payment aggregator unit fires all senior executives

  3. UPI’s Zero-MDR (Illusion) Model is Cracking – Who’s Really Paying the Price?
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