Razorpay launches payment platform in GIFT City
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AI-assisted source synthesis · not an independent investigation.
On November 4, 2026, Fintech News Singapore reported that Razorpay launched a payment platform in GIFT City after obtaining a final Payment Service Provider (PSP) license from the International Financial Services Centres Authority (IFSCA) of India. The platform is positioned as payment infrastructure for brokers and wealth platforms, providing a single access point for cross-border investment transactions. Its services include remitting funds out of India and repatriating funds to India. The report did not disclose the specific date the license was approved, the platform launch timeline, transaction volume, or the list of institutions already connected; the currently known progress is that the license was approved and the platform was launched.
AI-written from reports · updated 2 hours ago
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- Fintech News SingaporeRazorpay launches payments platform in GIFT City after receiving IFSCA approval
After receiving a final Payment Service Provider (PSP) license from the International Financial Services Centres Authority (IFSCA), Razorpay launched payments infrastructure in GIFT City, providing brokers and wealth platforms with a single point of access for cross-border investment transactions, covering the remittance of funds out of and back into India.
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