Sidebar is Loading...
Loading...
Brands
Resources
Stories
YSTV
ADVERTISEMENT
Loading...
Brands
Resources
Stories
YSTV
Incepted in April 2016, PayNearby is a DPIIT-certified company and India’s leading branchless banking and digital payments network. Our mission is to make financial services available to everyone, everywhere. Zidd Aage Badhne Ki ↗️
PayNearby operates on a B2B2C model, where it partners with neighbourhood retail stores and enables them with the tools to provide digital and financial services to local communities. We aim to simplify high-end technology so that it can be easily assimilated at the last mile while transforming the lives of its retail partners and customers. Today, PayNearby, through its tech-led DaaS (Distribution as a Service) network, serves 75% of India and is enabling services like cash withdrawal, remittance, Aadhaar Banking, bill payment and recharges, savings, travel, digital payments, insurance and more. Currently, PayNearby’s 41 lakh plus microentrepreneurs across 17,600+ PIN codes assist 20+ crore customers across the country to the tune of more than ~6000 crores GTV per month.
2016
Apr | Company Incorporation
Founding team registered the company Nearby Technologies Pvt. Ltd.
Sep | Key Customer Milestone
Products: Money Transfer Services Retail stores onboarded: 2,00 Customers serviced: 1 Lac +
2017
Sep | Product Launch
Products bouquet includes, AePS (Aadhaar ATM), Bill Payment, SMS Payment & Bus booking service, Recharge services amongst others
2018
Sep | Product Userbase Milestone
Retail partners onboarded: 3,00,000 & Customers serviced: 2 Cr + Products added: Deployed AePS switch, Flight and Hotel booking, FASTag, Aadhaar & UPI Pay Services
2019
Oct | Awards
DigiDhan Mission FinTech Award - Innovation in Digital Payments Acceptance Infrastructure in Rural India by the Ministry of Electronics and Information Technology (MeitY), Government of India
See More
Total Funding
$1.5M
Investors
:
1.
Roha Group
Frequently Asked Questions
