Razorpay launches Vulcan, an AI foundation model for digital payments

Aug 18, 2026 · Issue 3 · 2 sources, 2 articles

Razorpay introduced Vulcan, an AI foundation model aimed at speeding up digital payments, on 18 August 2026. The model reflects a trend of payment providers developing their own models.

Who is affected and how

fintech company

Payment providers are building their own models trained on payments data, which affects the build-or-buy decision.

Sources

• Razorpay Launches AI Foundation Model Vulcan To Expedite Digital Payments | Dailyhuntm.dailyhunt.in · Aug 18, 2026
• Razorpay Launches Vulcan, India's First AI Payments Foundation Model, Fueled by NVIDIA and AWS - Trained on 4Bn Transactions - Razorpay Newsroomrazorpay.com · Aug 18, 2026

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