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PayNearby plans to tap IPO market in next financial year to fuel expansion"We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process...- PayNearby plans to tap IPO market in next financial year to fuel expansionFintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth.
- PayNearby plans to go public next year, says CEOIndian fintech giants such as Paytm, PhonePe and BharatPe dominate the market with payments and lending, but PayNearby takes a different ro...
- Nearly half of MSMEs polled prefer UPI for business transactions, says reportAccording to the MSME Digital Index Report by PayNearby, digital payments continue to gain strong acceptance among MSMEs, with UPI emerging...
- PayNearby plans to add 5 lakh retailers in 2 years, hire 300-400 people by March 2026PayNearby, a branchless banking and digital network, announced plans to onboard 5 lakh retailers in the next two years, expanding its natio...
- PayNearby partners with M-Swasth to deliver affordable healthcare services via 3,800 e-clinicsPayNearby has joined forces with M-Swasth to provide affordable healthcare to underserved communities through 3,800 e-clinics. This collabo...
- UPI QR transactions jump 33% at retail stores in Bharat this year: ReportUPI transactions at retail stores have risen by 33% in semi-urban and rural areas this year. Insurance policy purchases and premium collect...
- We empower MSMEs, retailers across India via offerings designed to boost market access, cut costs: Anand Kumar Bajaj, PayNearbyOur model ensures that MSMEs can access the financial tools they need to thrive, while also enabling retailers to expand their service offe...
- Over 63% of women in India are seeking entrepreneurial avenues, shows PayNearby surveyAnand Kumar Bajaj, Founder, MD & CEO, PayNearby, said, "The increasing adoption of newer services such as e-commerce, mutual funds, and fix...
- PayNearby launches platform Digital Naari to generate self-employment for womenPayNearby has launched Digital Naari, a platform aimed at providing additional income-generation opportunities for women in rural and semi-...
- UPI surges on broad-based usage and deeper penetrationThe Reserve Bank has higher transaction limit for financial services like for AMC, Broking, Mutual Funds, collections (Credit card payments...
- Protean, PayNearby partner for credit marketplace on ONDCProtean eGov Managing Director and CEO Suresh Sethi said there are several people who are not digitally enabled to even get into the accoun...
- PayNearby to start cross-border remittance services by OctoberPayNearby has created a dedicated IFSC code which will act as the router to deposit the money to the Aadhaar-linked bank account of the rec...
- Kirana stores in Assam offer banking services to 40,000 customers in flood-affected villagesThe BC network in India has played a crucial role in ensuring that the general public's access to essential financial services is not inter...
- PayNearby brings on senior hires to strengthen omnichannel network and drive growthThe latest appointments are a part of the company's ambitious plans to drive growth, through branchless banking, across emerging businesses...
- PayNearby disburses over Rs 6,000 cr of DBT transactions during Apr-MayPayNearby has disbursed DBT of over Rs 6,000 crore through its AePS (Aadhaar Enabled Payment System) platform during the nationwide lockdow...
- SBM Bank ties up with PayNearby to offer 'open banking' to massesState Bank of Mauritius (SBM) is the first foreign lender to receive banking license in India through wholly-owned subsidiary route.
- PayNearby launches own micro ATMs at retail shopsThe Confederation of ATM industry (CATMi) has announced its plans to shut down nearly 50 per cent of ATMs due to high maintenance cost of s...
- PayNearby granted broking license by IRDA; acquires We CareThe aim is to enable the largely underserviced Bharat to enjoy financial protection during life, and assurance of continuum of basics for t...
- Nearby technologies to start bill payments through BBPS with Yes BankThe PayNearby app has more than 1 lakh retail stores across India and they in turn have the potential to serve more than 2.2 crore customer...
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