In a bid to strengthen its technology and product segments, the financial services firm Razorpay is likely to expand its workforce by over 65 percent. As per the company’s hiring plan, around 400 jobs will be added by mid-2020.
“As we are scaling up, we need leaders who are domain specialists. These hires will help fuel our growth plans,” said Harshil Mathur, CEO, Razorpay.
Besides, Razorpay had announced its plans to extend its work profile from payments and become a neo-banking solution for start-ups, SMEs and many more.
Furthermore, for boosting its enterprise capacity, the Gurugram based firm also announced the acquisition of the payroll and HR Management Software company, Opfin, for bringing seamless automation in its business’s payroll process.
With this acquisition, the brand also shifts into the HR tech space and expands its scope of business.
Razorpay also aims to introduce the payment support for freelancers, consultants, and other unregistered businesses like tutors, gym instructors, and others selling online via Instagram, Facebook, and other platforms.
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