MoneyWorks4Me

PB Fintech’s platform reaches $1.1 billion annualized loan disbursal rate

12 Jan 2022 Evaluate

PB Fintech’s platform -- Paisabazaar.com has reached an annualised loan disbursal rate of $1.1 billion (excluding credit card issuance). In December 2021, the fintech disbursed Rs 695 crore of loans, which included unsecured loans like personal and business loans and secured loans like home loans and loan against property. In December, customers from 668 cities and towns accessed credit through the Paisabazaar platform.

PB Fintech has built India’s largest online platform for insurance and lending products leveraging the power of technology, data and innovation. In 2014, PB Fintech launched Paisabazaar with the goal to transform how Indians access personal credit by accentuating ease, convenience and transparency in selecting a variety of personal loans and credit cards.

Peers
Company Name CMP
One97 Communications 1664.80
AvenuesAI 15.30
Billionbrains Garage 180.20
Moneyview 54.03
Pine Labs 167.55
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