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This will allow the developers on Codex to add payments system by enabling Razorpay's MCP Server while building an app.
The Bengaluru-based fintech is planning a public offering exceeding $700 million (approximately Rs 6,340 crore).
With the PA-P license, Razorpay now holds all three key RBI authorisations for payments, online, offline, and cross-border.
The license permits Razorpay to enable both inward and outward cross-border payments for businesses.
The Head and Tale looks back at those deals struck by Razorpay as the company readies itself for an initial public offering (IPO) in the coming years.
The development comes weeks after Razorpay officially restructured itself into a public limited company, a key step toward its anticipated IPO.
This development follows the recent approval of the merger between Razorpay Inc. and Razorpay India by the Regional Director in Hyderabad.
The company, which marks its 10th anniversary, announced its first ESOP buyback in 2018, followed by a $75 million ESOP buyback in 2022.
