PB Fintech Gets Nod To Operate As Payment Aggregator

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SUMMARY

This comes more than a year after the fintech major, in March 2024, first announced plans to incorporate PB Pay to enter the payment aggregation business

Once it gets the final authorisation from the RBI, PB Pay will be able to offer payment processing services and will compete with the likes of Razorpay, Cashfree, CCAvenue, other

PB Fintech’s consolidated PAT soared 92% YoY to INR 71.54 Cr in Q3 FY25 while operating revenue zoomed 48% YoY to INR 1,291.62 Cr

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PB Fintech Gets Nod To Operate As Payment Aggregator


SUMMARY

This comes more than a year after the fintech major, in March 2024, first announced plans to incorporate PB Pay to enter the payment aggregation business

Once it gets the final authorisation from the RBI, PB Pay will be able to offer payment processing services and will compete with the likes of Razorpay, Cashfree, CCAvenue, other

PB Fintech’s consolidated PAT soared 92% YoY to INR 71.54 Cr in Q3 FY25 while operating revenue zoomed 48% YoY to INR 1,291.62 Cr

Listed…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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