Who competes with Razorpay?

Razorpay competes in the Fintech category against Satchel, Tally, Paribus, Prospa, Nomba and other Y Combinator-backed companies.

Razorpay alternatives: 12 options compared

Q: What are the best alternatives to Razorpay?

The closest alternatives to Razorpay are Satchel, Tally, Paribus. This page compares 12 alternatives on what each one does, funding stage, team size and operating status.

Q: Which Razorpay alternative should I choose?

Satchel is the closest match to what Razorpay does. Larger teams in the comparison table generally offer more support and a longer track record, while earlier-stage companies tend to compete on price.

Q: Is Razorpay still active?

Razorpay is currently listed as Active in the Y Combinator directory.

TL;DR: If you are replacing Razorpay, the closest options are Satchel, Tally, Paribus. The table below compares 12 alternatives on what they do, stage, size and status.

Every alternative below is compared on what it actually does, not just its category — so you can see which one genuinely replaces Razorpay (YC Winter 2015).

Last verified: 2026-04-21

What are the best alternatives to Razorpay?

The three closest alternatives to Razorpay are:

Satchel — works in the same Fintech category (YC Summer 2018).
Tally — works in the same Fintech category (YC Winter 2025).
Paribus — works in the same Fintech category (YC Summer 2015).

Razorpay alternatives compared

Alternative	What it does	Stage	Team	Status
Satchel	—	YC Summer 2018	8	Inactive
Tally	—	YC Winter 2025	2	Active
Paribus	—	YC Summer 2015	—	Acquired
Prospa	Banking for businesses	YC Winter 2021	70	Active
Nomba	Banking and payments for businesses in Africa	YC Winter 2017	200	Active
Kodo	Corporate card & spend management platform for Indian startups	YC Winter 2021	45	Active
Carbon-12 Labs	A Global Payouts API for Startups	YC Winter 2020	—	Inactive
Canopy (was Encarte)	Encarte is building 1-click checkout for all online stores.	YC Winter 2019	2	Active
Panelytic	Payment infrastructure for machines	YC Winter 2024	2	Active
Wave	Mobile money app for Africa	YC Winter 2012	1600	Active
Y Combinator	Make something people want.	YC Unspecified	100	Active
Angle Health	Health Insurance for Startups	YC Winter 2020	100	Active

Which Razorpay alternative should I choose?

It depends on your size. Satchel is the closest match on what Razorpay actually does. If you need something more established, sort the table by team size — larger teams generally mean more support and a longer track record. If budget is the constraint, the earlier-batch companies are usually the ones still competing on price.

Is Razorpay still active?

Razorpay is still operating, so switching is a choice rather than a forced migration. Compare on fit and price rather than urgency.

How was this list put together?

Every company here is Y Combinator-backed and was matched to Razorpay on what it actually does — its own description of its product — rather than on a broad category label. Batch, team size and operating status come from the YC directory and are shown as-is. We do not rank by payment.

Looking to save on Fintech tools? Browse our vetted lifetime SaaS deals from verified vendors.

Built by LemStudio

Building or buying SaaS? Try our founder tools →

Explore related

Loading interactive view…