No immediate plans for an IPO, reveals Razorpay Co-founder

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No immediate plans for an IPO, reveals Razorpay Co-founder - YourStory

Quick Summary:

Shashank Kumar, fintech giant Razorpay’s Co-founder and CTO, shared a few of his learnings and views on the lending business and cross-border payments at TechSparks 2024.

The co-founder emphasised that Razorpay's reverse flipping process is expected to be completed in the next six to nine months, and the founders wish to have “solid India financials before we go for an IPO.

Addressing a question from the audience on cross-border payments, Kumar said, “The cross-border payment space is very painful… The regulations have been very unclear...