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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.
- 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...
- 73% MSMEs report business growth via digital adoption, led by UPI and smartphones: SurveyPayNearby's MSME Digital Index Report reveals that over 73% of small businesses in semi-urban and rural India have boosted income and effic...
- 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...
- 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...
- 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-...
- Fintechs take steps towards self-regulation after RBI pushFACE has dozens of digital lenders as its members, including players like Fibe, Kissht, LoanTap, Cashe, KreditBee, Paynearby, and Paisabaza...
- Fintech startup LeRemitt raises $1.25 million in funding from Axilor Ventures, othersThe round also saw participation from Capital A along with other founders and angel investors.
- UPI transactions see 650% rise at semi-urban, rural stores: ReportThere was a growth of 25 per cent and 14 per cent in value and volume, respectively, in assisted financial transactions across semi-urban a...
- 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...
- COVID-19 brings about behavioural change in cash usage, say expertsThe COVID-19 pandemic has brought about a behavioural change in usage of cash with people withdrawing larger amounts from ATMs but preferri...
- 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...
- Yes Bank customers scramble for cash withdrawal at branches, most ATMs run dryA Delhi-based customer said he was able to withdraw limited cash of about Rs 3,000-4000 only from an ATM.
- 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...
- Budget 2019: What internet companies, startups and investors feelConsumer internet companies, startups and investors feel disappointed by budget’s silence over issues like angel investor tax.
- Yes Bank, Nearby Tech bring cardless-pinless ATM servicePayNEARBY's Aadhaar ATM will be available through Yes Bank and the business correspondent agent network comprising 40,000 touch points.
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