FinTech Razorpay has launched RazorpayX Corporate Cards.
In Brief:
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They will help founders free up working capital expenses.
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Businesses are offered interest free credit for up to 45 days.
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The cards, developed by Visa, are aimed at SMEs and startups.
What does this mean?
Razorpay says that while a lot of finance solutions cater for larger businesses, there’s a need for cash flow solutions that serve SMEs, which have been particularly impacted by Covid-19.