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Home»Business News»Razorpay Shines as One of 2025’s Leading Fintech Innovators, According to CNBC and Statista
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Razorpay Shines as One of 2025’s Leading Fintech Innovators, According to CNBC and Statista

July 18, 20252 Mins Read
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Razorpay Among World’s Top Fintech Companies

Bengaluru, Karnataka — Razorpay, a leading payments and banking platform in India, has made it to the prestigious list of the World’s Top Fintech Companies for 2025, compiled by Statista and CNBC. This recognition positions Razorpay as one of only 13 Indian firms to be included in this global ranking.

Now in its third edition, the list honors innovation in the fintech sector across various categories. Razorpay is recognized particularly in the Payments segment, standing out among thousands of fintech firms evaluated worldwide. Only 300 companies were selected, highlighting the significance of this achievement for Razorpay.

The list is created based on a data-driven evaluation of over 40 performance metrics, celebrating fintech firms that have shown remarkable growth, technology advancements, and impact on the financial landscape. It includes a range of sectors such as payments, alternative finance, and neobanking, among others.

Harshil Mathur, CEO and Co-founder of Razorpay, expressed gratitude for the recognition, saying, “Being among the World’s Top Fintech Innovators is a fantastic milestone for us. This achievement reflects the trust and support of our merchants and businesses. As a homegrown company, this recognition on a global stage signifies the strength and innovation of India’s fintech ecosystem.”

With an impressive annual payment volume exceeding $180 billion, Razorpay has established its leadership in India’s digital payments space, serving millions of businesses. The platform is trusted by 105 out of India’s 119 unicorns and reaches over 300 million consumers, making it a vital player in India’s digital economy.

Looking ahead, Razorpay aims to contribute $900 billion to India’s projected $4 trillion digital payments market by 2030, emphasizing its commitment to driving fintech innovation and supporting the growth of businesses.

Founded in 2014 by IIT Roorkee alumni Shashank Kumar and Harshil Mathur, Razorpay has garnered investments totaling $741.5 million from notable backers like Lightspeed, Lone Pine Capital, and Y Combinator. The company continues to innovate in making payments and banking simpler for businesses across India.

This recognition not only celebrates Razorpay’s success but also marks a significant moment for the evolving fintech landscape in India.

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