News > Razorpay acquires TERA Finlabs, bags third firm in under 3 years

Razorpay acquires TERA Finlabs, bags third firm in under 3 years

Fintech startup Razorpay on Monday said it has acquired TERA Finlabs, a Bengaluru-based startup that provides technology, risk and capital solutions to enable embedded financing solutions for businesses. TERA Finlabs is an Indian subsidiary of UK-based digital lender, GAIN Credit.

"TERA will provide its entire technology stack, risk management capabilities, and onboarding solutions to create and enable a credit line for Razorpay's merchant network," a statement said.