RapiPay received PPI wallet license from RBI
RapiPay Mobile Wallet launched in adherence to RBI Guidelines.
RapiPay Service started in Delhi NCR, Mumbai and Bengaluru in Dec 2018.
Started PAN India operations in Apr 2019.
Retailers network crossed 25,000 Direct Business Outlets (DBOs)
Micro ATM launched. Became 3rd largest player in this segment
Raised $9M in pre-series A funding round
DBOs network grew to 100k
Retailers network crossed 300k DBOs
Introduced Insurance services for DBOs
Raised $15mn in Feb 2022
Official Sponsor- Delhi Capitals for IPL 2022
Entered MSME Loans category
DBOs network grew to 600k