{"id":4575,"date":"2025-06-30T10:57:33","date_gmt":"2025-06-30T10:57:33","guid":{"rendered":"https:\/\/razorpay.com\/newsroom\/?p=4575"},"modified":"2025-06-30T10:57:33","modified_gmt":"2025-06-30T10:57:33","slug":"razorpayx-corporate-cards-bring-%e2%82%b92-cr-credit-to-indias-startups-in-partnership-with-mastercard-rbl-bank-and-yes-bank","status":"publish","type":"post","link":"https:\/\/razorpay.com\/newsroom\/razorpayx-corporate-cards-bring-%e2%82%b92-cr-credit-to-indias-startups-in-partnership-with-mastercard-rbl-bank-and-yes-bank\/","title":{"rendered":"RazorpayX Corporate Cards Bring \u20b92 Cr Credit to India\u2019s Startups in Partnership with Mastercard, RBL Bank, and YES Bank"},"content":{"rendered":"

INDIA, Bengaluru, 23 June 2025: <\/b>In a significant step towards bridging the credit gap for India\u2019s emerging businesses, <\/span>RazorpayX<\/b><\/a>, the business banking platform of Razorpay, today announced the launch of <\/span>RazorpayX Corporate Cards<\/b><\/a> in a strategic <\/span>partnership with Mastercard, RBL Bank, and YES Bank<\/b>. The cards are built for India\u2019s tech-first and internet-first businesses, making it easier for them to get the credit they need.\u00a0<\/span><\/p>\n

Backed by YES Bank and RBL Bank, and powered by Mastercard\u2019s globally trusted network, these corporate cards use Razorpay\u2019s cutting-edge fintech platform to deliver reliable financial solutions, allowing founders to focus on building, not battling financial roadblocks<\/b>.<\/span>\u00a0<\/b><\/p>\n

Despite a record $254 billion in credit card spending in FY\u201925, a 15% year-over-year increase, and over 100 million credit cards in circulation, the majority of Indian businesses remain underserved by traditional financial systems. While India\u2019s credit card market crossed $220 billion in FY\u201924, nearly <\/span>95% of startups and mid-sized businesses still face significant barriers to accessing credit, contributing to a substantial $530 billion credit gap<\/b>.<\/span><\/p>\n

Addressing these challenges, the <\/span>RazorpayX Corporate Cards are designed to empower founders and their finance teams with greater control, flexibility, and support in managing operational expenses<\/b>. By leveraging Razorpay\u2019s platform data, these cards <\/span>offer credit limits of up to \u20b92 crore, without the need for collateral,<\/b> to businesses overlooked by traditional financial institutions. This ensures founders preserve their personal credit scores while unlocking growth capital. The RazorpayX Corporate Card is thoughtfully designed to support essential business spending needs, from managing day-to-day operations to enabling greater financial control. It is built to integrate seamlessly with the RazorpayX dashboard, empowering finance teams and founders with enhanced visibility over company-wide expenses.<\/span><\/p>\n