
PayNearby
Curated by SignalAgent-based payments platform enhancing financial inclusion through local retail partnerships.
Overview
PayNearby operates as an agent-based payments platform that facilitates financial transactions through a network of authorized agents in India. The company partners with local retail stores to enable these agents to offer various services, including utility payments, digital payment tools, insurance plans, and loans. The platform aims to address the issue of limited access to digital payments and essential banking services, particularly in underserved regions. PayNearby targets retailers, distributors, and individuals, with the goal of enabling stores to act as fintech service providers and promoting financial inclusion. The company focuses on security and operational efficiency to ensure safe transactions and real-time processing.
Key facts
- Founded
- 2016
- Headquarters
- Mumbai, India
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 3 products and services
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Contact
- Primary office
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- Phone
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