MasterCard invests in RazorPay

Q.  MasterCard has invested an undisclosed amount in which financial technology startup?
- Published on 04 Jul 16

a. Groupon
b. Paytm
c. PayPal
d. Razorpay

ANSWER: Razorpay
 
MasterCard, one of the largest payment networks in the world has invested an undisclosed sum in financial technology startup Razorpay.
  • India will shape the future of e-commerce through strategic collaboration and innovative technology
  • Razorpay is aiming to complement existing MasterCard solutions that are helping merchants of all sizes and markets to accept online payments and grow the business
  • Razorpay is backed by investors such as Google investor Ram Shriram and Y Combinator

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