{"id":239508,"date":"2026-09-10T09:50:12","date_gmt":"2026-09-10T04:20:12","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=239508"},"modified":"2026-09-10T09:50:12","modified_gmt":"2026-09-10T04:20:12","slug":"fintechs-from-india-global-razorpay-ceo","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/","title":{"rendered":"Many Fintechs From India Can Emerge to Serve Global Markets: Razorpay CEO"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Razorpay CEO says several billion-dollar fintechs from India could emerge by taking UPI-style innovation global.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Razorpay CEO Harshil Mathur said several billion-dollar fintechs from India could emerge to serve global markets, drawing a parallel with how US internet leadership produced companies like Google and Amazon. Speaking at the Global Fintech Fest, Mathur pointed out that 49 percent of all real-time payments in the world happen through India, and argued that fintechs from India can replicate the UPI playbook in emerging markets such as Southeast Asia, which share similar conditions of fragmented markets, multiple languages and still-developing card penetration.<\/p>\n<\/p><\/div>\n<p>India&#8217;s dominance in real-time payments could be the launchpad for the next generation of fintechs from India to go global, according to Razorpay CEO Harshil Mathur.<\/p>\n<p>Here is what Mathur said at the Global Fintech Fest about the opportunity ahead for fintechs from India.<\/p>\n<p style=\"margin-top:24px;\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#Why_Indias_Payments_Scale_Matters\" title=\"Why India&#8217;s Payments Scale Matters\">Why India&#8217;s Payments Scale Matters<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#Where_the_Opportunity_Lies_for_Fintechs_From_India\" title=\"Where the Opportunity Lies for Fintechs From India\">Where the Opportunity Lies for Fintechs From India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#What_did_Razorpays_CEO_say_about_fintechs_from_India\" title=\"What did Razorpay&#8217;s CEO say about fintechs from India?\">What did Razorpay&#8217;s CEO say about fintechs from India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#What_share_of_global_real-time_payments_happen_through_India\" title=\"What share of global real-time payments happen through India?\">What share of global real-time payments happen through India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#Which_markets_did_Mathur_flag_as_an_opportunity_for_fintechs_from_India\" title=\"Which markets did Mathur flag as an opportunity for fintechs from India?\">Which markets did Mathur flag as an opportunity for fintechs from India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#Where_did_Mathur_make_these_comments\" title=\"Where did Mathur make these comments?\">Where did Mathur make these comments?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#What_is_Razorpays_business\" title=\"What is Razorpay&#8217;s business?\">What is Razorpay&#8217;s business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/fintechs-from-india-global-razorpay-ceo\/#Does_Mathur_see_conditions_abroad_similar_to_Indias_UPI_story\" title=\"Does Mathur see conditions abroad similar to India&#8217;s UPI story?\">Does Mathur see conditions abroad similar to India&#8217;s UPI story?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Why_Indias_Payments_Scale_Matters\"><\/span><strong>Why India&#8217;s Payments Scale Matters<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mathur cited that 49 percent of all real-time payments in the world are happening through India, a scale he believes gives fintechs from India a structural advantage similar to how the US produced big tech names such as Google and Amazon through its early internet leadership.<\/p>\n<p style=\"margin-top:24px;\"><strong>Explore More Stocks and Market News on the Screener<\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Where_the_Opportunity_Lies_for_Fintechs_From_India\"><\/span><strong>Where the Opportunity Lies for Fintechs From India<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mathur pointed to Southeast Asia as a natural next market, noting that its fragmented markets, multiple languages and still-developing card penetration mirror the conditions that led to UPI&#8217;s growth in India. He said the same ingredients that led to UPI&#8217;s birth and growth exist in a lot of these markets, suggesting fintechs from India are well placed to solve similar problems abroad.<\/p>\n<p style=\"margin-top:24px;\"><strong>Download the Univest iOS App or Univest Android App to track market news on the go<\/strong><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may change as trading continues through the day. Please verify all data independently before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_did_Razorpays_CEO_say_about_fintechs_from_India\"><\/span><strong>What did Razorpay&#8217;s CEO say about fintechs from India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Harshil Mathur said several billion-dollar fintechs from India could emerge to serve global markets, similar to how US internet leadership produced companies like Google and Amazon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_share_of_global_real-time_payments_happen_through_India\"><\/span><strong>What share of global real-time payments happen through India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mathur said 49 percent of all real-time payments in the world are happening through India.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_markets_did_Mathur_flag_as_an_opportunity_for_fintechs_from_India\"><\/span><strong>Which markets did Mathur flag as an opportunity for fintechs from India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> He pointed to Southeast Asia, citing fragmented markets, multiple languages and developing card penetration similar to the conditions that led to UPI&#8217;s growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Where_did_Mathur_make_these_comments\"><\/span><strong>Where did Mathur make these comments?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> He spoke during a session at the Global Fintech Fest.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_Razorpays_business\"><\/span><strong>What is Razorpay&#8217;s business?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Razorpay is an Indian fintech company offering payments processing and related financial services to businesses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Mathur_see_conditions_abroad_similar_to_Indias_UPI_story\"><\/span><strong>Does Mathur see conditions abroad similar to India&#8217;s UPI story?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Yes, he said many Southeast Asian markets have fragmented payment ecosystems and multiple languages, similar to the conditions that led to the birth and growth of UPI in India.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What did Razorpay's CEO say about fintechs from India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Harshil Mathur said several billion-dollar fintechs from India 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