Razorpay acquires TERA Finlabs, bags third firm in under 3 years
Razorpay CEO and co-founder Harshil Mathur said in India, banks are wary of providing business loans to startups and new SMEs due to the risks attached to new revenue models of startups Razorpay Capital along with TERA Finlab s technology capabilities will be able to service the credit needs of over 10,000 businesses in India by next year, the statement said PTI
Updated Jul 19, 2021, 11:05 AM IST
Fintech startup Razorpay on Monday said it has acquired TERA Finlabs, a Bengaluru-based startup that provides technology, risk and capital solutions to enable embedded financing solutions for businesses. TERA Finlabs is an Indian subsidiary of UK-based digital lender, GAIN Credit.
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Razorpay acquires TERA Finlabs to strengthen SME lending business
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Razorpay acquires TERA Finlabs
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