Razorpay's neobank to match payments biz in some years: CEO Harshil Mathur

In a Q&A, Mathur, who is also a co-founder of the firm, dwells on the valuation math for Razorpay, timelines for hitting profitability and the company's plan to join the IPO rush

Razorpay's neobanking platform has been growing at 30 per cent month-on-month in transaction volumes. The fintech unicorn is trying to do all things in the financial space for SMBs, from being a payment gateway, to enabling vendor payouts, salaries, and disbursing loans. In an interview with Deepsekhar Choudhury, Razorpay CEO and co-founder Harshil Mathur, talks about how its neobanking and lending businesses are faring, how the valuation math works for Razorpay, timelines for hitting profitability and the company's plan to join the IPO rush.

There’s a funding rush in neobanking and you too have joined the fray. What is happening on