GENERAL9 Sept 2026
Many fintechs can emerge from India to serve global markets: Razorpay CEO
Razorpay CEO Harshil Mathur says India's leadership in real-time payments—handling 49% of global transactions—can help Indian firms grow into billion-dollar companies. Just like US internet leadership produced Google and Amazon, India's UPI ecosystem offers a similar base. Emerging markets face similar problems, so Indian fintechs can expand abroad. New tech like AI brings risks, but technology can solve them, he added.
Key Statutory Highlights
- 49% of all real-time payments worldwide happen in India.
- Razorpay CEO believes this can create multi-billion-dollar Indian fintech companies.
- He says emerging markets have similar conditions that led to UPI's growth in India.
Actionable Advice for Taxpayers / Founders:If you run a business, watch how Indian fintechs expand globally, and see if UPI-based tools can help you reach new markets sooner.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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