Acquisition
Razorpay acquires loyalty firm PoshVine
By Startup Enthusiast ·
- Date
- Company
- Razorpay
- What it does
- Enters loyalty and rewards
- Kind
- Acquisition
- Based in
- Bengaluru
- Founded
- 2014
What they do
Razorpay acquired PoshVine in September 2022, a company offering payment-linked loyalty and engagement tools to banks and networks
What happened
PoshVine, founded in 2011, works with more than 20 banks and networks including SBI Cards, HDFC Bank and Visa
Why it matters
Terms of the deal could not be confirmed at the time of reporting
The details
- Razorpay bought PoshVine in September 2022.
- PoshVine offers rewards management to banks.
- Deal terms were not known.
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