ED raids Paytm, Razorpay and Cashfree premises in Bengaluru as part of crackdown on Chinese loan apps Finance Event's By globalgreen On Sep 4, 2022 1:22 pm 52 0 ED raids Paytm, Razorpay and Cashfree premises in Bengaluru as part of crackdown on Chinese loan apps Enforcement Directorate has conducted raids on payment gateways – Paytm, Razorpay and Cashfree in connection with on-going probe against illegal Chinese loan apps. ED said searches were conducted at six premises in Bengaluru, including those belonging to the three fintech firms. Funds worth 17 crore rupees kept in merchant IDs and bank accounts of...