Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO). In his new role, Negi will take charge of the finance function for BharatPe and will be working towards making the company EBITDA positive by March 2023. Ebitda stands
Fintech platform BharatPe named Nalin Negi as new CFO Read More »
BharatPe has launched $100 million worth of World’s 1st Merchant Shareholding Program (MSP) for its merchant partners. Under the program, the company offers its merchant customers an opportunity to buy BharatPe’s equity shares and become a partner. The company plans a public listing by 2024 and targets a public listing value of $1 billion. Merchant payments and financial services company will
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The Reserve Bank of India (RBI) issued a Small Finance Bank (SFB) licence to the consortium of Centrum Financial Services Limited (Centrum) and BharatPe. “A new bank license has been issued after a gap of nearly 6 years, and we thank the RBI for the confidence shown in the abilities of Centrum and BharatPe,” Centrum
RBI grants small finance bank licence to Unity SFB Read More »
BharatPe has appointed former SBI Chairman Rajnish Kumar as chairman of the board, the fintech startup said on October 12, 2021. As the Chairman, Kumar will be responsible to: Mentor the BharatPe team in formulating short-term and long-term strategy Work closely with the board and executives on regulatory matters Advice and counsel the management on
BharatPe appoints former SBI chairman Rajnish Kumar as its chairman Read More »
Fintech Company BharatPe, announced its entry into the ‘Buy Now Pay Later’ (BNPL) category with the launch of ‘postpe’. postpe provides credit to customers. Customers can download the app from Play Store and avail interest-free credit limit of up to Rs10 lakh. The company said that postpe is not only limited to big-ticket purchases but can also be used for micro-purchases,
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