Razorpay: Razorpay enters Singapore; targets $5 billion in payment volume from Southeast Asia over two years

Digital payments firm Razorpay is expanding to Singapore and aims to process $5 billion in total payment volume (TPV) from domestic and cross-border transactions in the region over the next two years, according to a senior executive.

The company, which currently processes around $1 billion in TPV in the region, has entered Singapore after Malaysia, cofounder and managing director Shashank Kumar told ET.

This move aligns with Razorpay’s broader goal of reaching $400 billion in TPV globally by 2030.

TPV refers to the total value of transactions…