Bengaluru, March 6 -- Fintech firm Razorpay has announced its expansion into Singapore, its second market in Southeast Asia after Malaysia.

The company plans to replicate its success in Singapore after local businesses in Malaysia experienced faster settlements and reduced transaction costs, according to its statement on Thursday. Razorpay will work closely with banks, financial institutions, and regulatory bodies to ensure seamless integration and compliance with Singapore's financial landscape.

Businesses in Singapore can now access Razorpay Singapore's suite of services, including payment gateway, cross-border transaction solutions, and real-time financial analytics. It will also launch its international payment gateway Curlec in Sin...