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Tech unicorns UK – complete guide to the billion-dollar club

Growth Business

The female-founded unicorns on this list include Catherin Vines of Zepz, Anne Boden of Starling Bank, Marcia Kilgore of Beauty Pie, and Victoria van Lennep of Lendable. The group comprises of brokering firm Howden, underwriting agency DUAL, MGA and its data and analytics arm HX. It also works as a conventional bank.

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What are Merchant Category Codes (MCC)? – Importance and Examples

Razorpay

Acquirers and payment processors use MCC data to assess the risk profile of a merchant and apply appropriate measures, such as higher reserve requirements, more stringent underwriting procedures, or additional fraud prevention tools. This helps mitigate potential losses and ensures the stability of the payment ecosystem.