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Lagos Leads in Technology Start-up, Says Sanwo-Olu
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THE GAME CHANGER IN START-UP BUSINESSES
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Bengaluru (Karnataka) [India], February 5 (ANI/NewsVoir): ( https://razorpay.com/?couponCode=NEWYEAR21 & version=t1 ) India s leading Fintech Unicorn, today announced that it registered 3X growth in payment volumes over the past 12 months, thanks to the thousands of SMBs, especially from Tier- two and three cities, who chose the payment gateway as they went online for the first time.
This led to large scale adoption of digital payments across the country, as Razorpay witnessed over 54% of digital transaction volume coming from SMBs in Tier-two and three cities alone. Online transactions in cities like Ahmedabad and Jaipur grew by about 50 per cent within a week s time.
Amid COVID, Financial Services Sector Sees an Extraordinary 120 percent Growth in 2020: Razorpay Report ANI | Updated: Jan 15, 2021 16:50 IST
Bengaluru (Karnataka) [India], January 15 (ANI/NewsVoir): The year of 2020 began with a series of uncertainties but soon businesses started to slowly stabilize, and some even grew back to pre-Covid levels. Every business across every sector took a severe hit, and the FinTech sector as well did not escape the pandemic. The first 30 days of the global crisis were the toughest, and Razorpay too witnessed a decline of 30% in digital payments. However, after the first 70 days of the national lockdown, digital payments rebounded by 23 per cent indicating a slow but steady comeback. Razorpay, the newest Unicorn on the block and the leading full-stack financial solutions company, launched the 7th Edition of The Era of Rising FinTech Report today.